Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal - 2023

Contents:

  1. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal (FOB) - 2023
  2. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal (CIF) - 2022
  3. Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal
  4. Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal (FOB) - 2023

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $6.0 per unit in December 2023, picking up by 27% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 128% month-to-month. The export price peaked at $8.4 per unit in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Angola ($23.5 per unit), while the average price for exports to Mozambique ($1.7 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal (CIF) - 2022

The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.4 per unit in 2022, with an increase of 15% against the previous year. In general, the import price, however, recorded a perceptible downturn. The growth pace was the most rapid in 2017 an increase of 61% against the previous year. Over the period under review, average import prices attained the maximum at $3.4 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($28 per unit), while the price for China ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal

In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s exported from Portugal totaled 874K units, stabilizing at the year before. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s expanded markedly to $4.5M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,2252,4652,9323,18012.6%
France24436553257733.2%
Italy25.248.7319431157.6%
Angola22.315.125.226.76.2%
Others19115424730617.0%
Total2,7073,0474,0544,52118.6%

Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Portugal in 2022:

  1. Germany (522.3K units)
  2. France (256.7K units)
  3. Italy (40.1K units)
  4. Angola (14.1K units)

Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal

In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s imported into Portugal dropped remarkably to 246K units, declining by -24.4% against the previous year. Overall, imports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports of attained the maximum at 464K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s contracted to $586K in 2022. In general, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 9.5%. Over the period under review, imports of attained the maximum at $1.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.950.514612353.7%
Spain99826990.5111-51.9%
Thailand89.182.218292.81.4%
France96.254.898.977.7-6.9%
Germany38.280.052.838.90.6%
United Kingdom3.32.040.532.4114.1%
Japan38.228.228.329.5-8.3%
Others65.247.233.281.17.5%
Total1,362614673586-24.5%

Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Portugal in 2022:

  1. China (103.9K units)
  2. Spain (45.8K units)
  3. France (28.4K units)
  4. United Kingdom (20.2K units)
  5. Thailand (20.2K units)
  6. Japan (7.5K units)
  7. Germany (7.0K units)

Source: IndexBox Market Intelligence Platform

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