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

Contents:

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

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

The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.5 per unit in 2022, dropping by -4.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 an increase of 31%. Over the period under review, average import prices hit record highs at $2.9 per unit in 2016; however, from 2017 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 Germany ($6.1 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), 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 Spain (FOB) - 2022

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.5 per unit in 2022, dropping by -14.5% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -11.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $3.8 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($8.7 per unit), while the average price for exports to India ($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 France (+5.7%), 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 Spain

In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s imported into Spain rose markedly to 1.5M units, with an increase of 13% compared with the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s rose significantly to $3.7M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7029131,3541,52829.6%
China66862883298113.7%
Japan2503403172965.8%
Italy20290.8205175-4.7%
France10080.01201298.9%
Belgium154117171126-6.5%
South KoreaN/AN/AN/A1060%
United Kingdom77.950.270.141.8-18.7%
Others302198336286-1.8%
Total2,4562,4173,4053,67014.3%

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

  1. China (739.5K units)
  2. Germany (251.1K units)
  3. Japan (121.7K units)
  4. Belgium (84.6K units)
  5. France (83.9K units)
  6. Italy (53.9K units)
  7. South Korea (42.0K units)
  8. United Kingdom (17.4K units)

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

In 2022, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Spain declined markedly to 133K units, reducing by -24.2% compared with the previous year's figure. Over the period under review, exports faced a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 27%. Over the period under review, the exports of attained the maximum at 280K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s dropped remarkably to $326K in 2022. In general, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 5.8% against the previous year. The exports peaked at $779K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal68555.784.585.6-50.0%
Argentina19.438.132.755.942.3%
Germany14.324.635.432.130.9%
United Kingdom4.233.511.332.096.8%
France17.148.913727.116.6%
IndiaN/A8.633.88.81.2%
LibyaN/AN/AN/A3.60%
Belgium1.41518.81.52.3%
Dominican RepublicN/AN/AN/A1.50%
Others37.511515978.227.8%
Total779475503326-25.2%

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

  1. Portugal (44.3K units)
  2. Argentina (17.4K units)
  3. India (16.2K units)
  4. Germany (13.3K units)
  5. France (10.7K units)
  6. United Kingdom (3.7K units)
  7. Libya (3.3K units)
  8. Dominican Republic (2.4K units)
  9. Belgium (1.3K units)

Source: IndexBox Market Intelligence Platform

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