Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa - 2024
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.5 per unit, increasing by 4.6% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for blades; cutting, serrated or not, excluding those of heading no. 8208s increased by +53.2% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 35%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8.7 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+51.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1 per unit, which is down by -6.7% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of 40%. As a result, the export price reached the peak level of $1.5 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($1.9 per unit), while the average price for exports to Botswana ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa
In 2022, after three years of growth, there was decline in supplies from abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s, when their volume decreased by -1.3% to 626K units. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 2.8% against the previous year. As a result, imports reached the peak of 635K units, and then declined slightly in the following year.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s reached $968K in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 208 | 186 | 189 | 228 | 3.1% |
| Germany | 51.4 | 77.3 | 39.1 | 217 | 61.6% |
| China | 199 | 240 | 388 | 216 | 2.8% |
| Japan | 208 | 99.9 | 210 | 157 | -9.0% |
| United States | 60.5 | 28.3 | 37.1 | 36.8 | -15.3% |
| Spain | 0.3 | 0.7 | 2.8 | 28.9 | 358.4% |
| Taiwan (Chinese) | 14.8 | 11.7 | 27.5 | 20.7 | 11.8% |
| India | 1.1 | N/A | 0.3 | 16.5 | 146.6% |
| Others | 38.9 | 34.4 | 44.5 | 47.0 | 6.5% |
| Total | 782 | 678 | 938 | 968 | 7.4% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to South Africa in 2022:
- China (323.2K units)
- United Kingdom (133.4K units)
- Japan (60.5K units)
- Germany (24.9K units)
- India (23.9K units)
- Taiwan (Chinese) (15.8K units)
- Spain (14.2K units)
- United States (4.9K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa
In 2022, shipments abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s was finally on the rise to reach 405K units after two years of decline. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s surged to $400K in 2022. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 55.9 | 34.4 | 29.4 | 86.9 | 15.8% |
| Namibia | 97.9 | 79.2 | 63.6 | 75.9 | -8.1% |
| Botswana | 64.7 | 36.5 | 52.4 | 57.3 | -4.0% |
| Democratic Republic of the Congo | 5.2 | 4.9 | 24.4 | 31.6 | 82.5% |
| Lesotho | 8.7 | 21.4 | 6.5 | 28.8 | 49.0% |
| Zambia | 42.8 | 48.5 | 33.0 | 23.5 | -18.1% |
| Mozambique | 26.5 | 47.5 | 24.7 | 21.1 | -7.3% |
| Zimbabwe | 40.5 | 59.3 | 33.3 | 20.6 | -20.2% |
| Others | 50.5 | 44.7 | 23.5 | 54.6 | 2.6% |
| Total | 393 | 376 | 291 | 400 | 0.6% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from South Africa in 2022:
- Swaziland (117.2K units)
- Botswana (108.9K units)
- Lesotho (52.0K units)
- Namibia (40.5K units)
- Democratic Republic of the Congo (27.9K units)
- Mozambique (14.6K units)
- Zambia (13.9K units)
- Zimbabwe (11.3K units)
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