Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam (CIF) - 2022
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.2 per unit in 2022, surging by 6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. The import price peaked at $2.3 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($2.2 per unit) and Taiwan (Chinese) ($2.2 per unit), while the price for China ($2.2 per unit) and South Korea ($2.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.9 per unit, which is down by -5% against the previous year. In general, the export price recorded a perceptible slump. The growth pace was the most rapid in 2018 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $3.5 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($2.6 per unit) and Lao People's Democratic Republic ($1.9 per unit), while the average price for exports to Germany ($1.9 per unit) and China ($1.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam
In 2022, supplies from abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -18.7% to 1.3M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. Imports peaked at 1.6M units in 2021, and then fell dramatically in the following year.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s shrank to $2.9M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,337 | 1,851 | 1,858 | 1,560 | 5.3% |
| Japan | 493 | 571 | 631 | 539 | 3.0% |
| South Korea | 269 | 225 | 197 | 317 | 5.6% |
| Taiwan (Chinese) | 459 | 445 | 401 | 201 | -24.1% |
| United States | 63.7 | 53.3 | 69.0 | 99.0 | 15.8% |
| Israel | 35.2 | 25.8 | 38.9 | 65.5 | 23.0% |
| Germany | 84.0 | 169 | 106 | 59.7 | -10.8% |
| Others | 99.2 | 61.1 | 76.0 | 90.4 | -3.0% |
| Total | 2,840 | 3,402 | 3,376 | 2,932 | 1.1% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Vietnam in 2022:
- China (695.6K units)
- Japan (240.5K units)
- South Korea (141.5K units)
- Taiwan (Chinese) (89.8K units)
- United States (44.2K units)
- Israel (29.2K units)
- Germany (26.6K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Vietnam
In 2022, approx. 109K units of blades; cutting, serrated or not, excluding those of heading no. 8208s were exported from Vietnam; rising by 162% on the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports attained 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 $212K in 2022. In general, exports saw a significant expansion. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.1 | 23.0 | 28.0 | 62.4 | 97.5% |
| Cote d'Ivoire | N/A | N/A | N/A | 46.3 | 0% |
| Italy | 12.5 | 29.2 | 1.6 | 41.7 | 49.4% |
| China | 0.7 | 0.7 | 14.6 | 36.8 | 274.6% |
| Japan | 25.8 | 12.7 | 22.6 | 13.5 | -19.4% |
| Germany | 3.5 | 29.9 | 7.1 | 6.3 | 21.6% |
| India | 38.5 | N/A | 1.9 | N/A | -77.8% |
| Others | 7.0 | 16.1 | 9.3 | 5.0 | -10.6% |
| Total | 96.1 | 112 | 85.2 | 212 | 30.2% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Vietnam in 2022:
- United States (32.1K units)
- Cote d'Ivoire (23.8K units)
- Italy (21.5K units)
- China (18.9K units)
- Japan (6.9K units)
- Germany (3.2K units)
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