Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK - 2024
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK (FOB) - 2024
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK (CIF) - 2022
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK (FOB) - 2024
In December 2023, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.9 per unit, waning by -7.4% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 22% month-to-month. Over the period under review, the average export prices hit record highs at $2.4 per unit in June 2023; however, from July 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Uganda ($5.0 per unit), while the average price for exports to Poland ($1.4 per unit) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.2%), 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 the UK (CIF) - 2022
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.1 per unit in 2022, with an increase of 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4.3 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.8%), 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 the UK
In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s exported from the UK fell dramatically to 6.1M units, dropping by -15.6% compared with 2021. Overall, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 4.5%. Over the period under review, the exports of attained the peak figure at 7.5M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s fell dramatically to $11M in 2022. Over the period under review, exports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $13M, and then shrank dramatically in the following year.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,554 | 3,233 | 4,314 | 3,966 | 3.7% |
| Belgium | 2,756 | 2,503 | 3,025 | 2,486 | -3.4% |
| Poland | 1,095 | 992 | 1,308 | 789 | -10.3% |
| Australia | 307 | 338 | 366 | 465 | 14.8% |
| Ireland | 455 | 455 | 457 | 402 | -4.0% |
| Thailand | 405 | 175 | 353 | 384 | -1.8% |
| Netherlands | 317 | 313 | 386 | 322 | 0.5% |
| France | 222 | 212 | 169 | 304 | 11.0% |
| Sweden | 525 | 447 | 659 | 279 | -19.0% |
| Italy | 610 | 451 | 158 | 95.8 | -46.0% |
| Taiwan (Chinese) | 90.5 | 95.8 | 206 | 62.3 | -11.7% |
| Others | 1,671 | 1,538 | 2,043 | 1,500 | -3.5% |
| Total | 12,007 | 10,753 | 13,443 | 11,054 | -2.7% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from the UK in 2022:
- Belgium (2085.7K units)
- United States (1597.5K units)
- Poland (682.6K units)
- Australia (249.5K units)
- Sweden (229.1K units)
- France (182.5K units)
- Thailand (181.7K units)
- Ireland (123.1K units)
- Netherlands (100.5K units)
- Taiwan (Chinese) (82.1K units)
- Italy (20.7K units)
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK
In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s imported into the UK dropped to 2.2M units, waning by -7.2% against 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 2.4M units, and then dropped in the following year.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $4.7M in 2022. Over the period under review, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,280 | 877 | 2,184 | 2,245 | 20.6% |
| United States | 645 | 363 | 334 | 608 | -1.9% |
| Germany | 159 | 183 | 242 | 536 | 49.9% |
| Austria | 5.9 | 3.3 | 4.0 | 425 | 316.1% |
| Japan | 168 | 74.2 | 136 | 188 | 3.8% |
| Taiwan (Chinese) | 314 | 169 | 298 | 158 | -20.5% |
| Italy | 6.8 | 14.9 | 12.0 | 131 | 168.1% |
| Belgium | 251 | 222 | 263 | 0.3 | -89.4% |
| Others | 257 | 354 | 355 | 374 | 13.3% |
| Total | 3,086 | 2,260 | 3,827 | 4,665 | 14.8% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to the UK in 2022:
- China (1457.0K units)
- United States (215.2K units)
- Germany (170.7K units)
- Austria (162.5K units)
- Taiwan (Chinese) (43.9K units)
- Japan (43.8K units)
- Italy (35.9K units)
- Belgium (0.1K units)
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