Price for Knives with Cutting Blades in Colombia - 2022

Contents:

  1. Price for Knives with Cutting Blades in Colombia (CIF) - 2022
  2. Price for Knives with Cutting Blades in Colombia (FOB) - 2022
  3. Imports of Knives with Cutting Blades in Colombia
  4. Exports of Knives with Cutting Blades in Colombia

Price for Knives with Cutting Blades in Colombia (CIF) - 2022

In February 2022, the average knives with cutting blades import price amounted to $844 per thousand units, growing by 30% against the previous month. In general, import price indicated a temperate expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, knives with cutting blades import price increased by +43.3% against November 2021 indices. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 50% month-to-month. As a result, import price reached the peak level of $1.1 per unit. From June 2021 to February 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($803 per thousand units), while the price for China ($477 per thousand units) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the prices for the other major suppliers experienced a decline.

Price for Knives with Cutting Blades in Colombia (FOB) - 2022

In 2022, the average knives with cutting blades export price amounted to $1.4 per unit, increasing by 44% against the previous year. Overall, the export price, however, showed a pronounced reduction. The export price peaked at $2.9 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($5.2 per unit), while the average price for exports to Brazil ($0.6 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 the Philippines (+512.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives with Cutting Blades in Colombia

In 2022, approx. 13M units of knives with cutting bladeses were imported into Colombia; waning by -13.9% compared with the previous year's figure. In general, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of 15M units, and then fell in the following year.

In value terms, knives with cutting blades imports dropped sharply to $8.2M in 2022. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.5% 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 +35.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of $10M, and then declined notably in the following year.

Import of Knives with Cutting Blades in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.43.26.53.7-5.6%
Brazil1.61.12.42.719.1%
United States0.10.10.20.681.7%
Panama0.50.9N/A0.3-15.7%
MexicoN/AN/AN/A0.20%
Others1.10.71.20.7-14.0%
Total7.86.010.38.21.7%

Top Suppliers of Knives with Cutting Blades to Colombia in 2022:

  1. China (9.3M units)
  2. Brazil (2.7M units)
  3. Mexico (0.3M units)
  4. United States (0.3M units)
  5. Panama (0.2M units)

Exports of Knives with Cutting Blades in Colombia

In 2022, exports of knives with cutting bladeses from Colombia shrank rapidly to 88K units, which is down by -39.8% compared with 2021. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, the exports attained the maximum at 231K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, knives with cutting blades exports dropped to $125K in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. The exports peaked at $202K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Knives with Cutting Blades in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa55.443.064.157.91.5%
Chile1.00.49.910.4118.3%
Mexico33.410.49.88.8-35.9%
Ecuador9.77.36.55.9-15.3%
Panama5.94.75.54.9-6.0%
Peru2.51.55.24.723.4%
Brazil58.121.510.81.1-73.3%
Others36.416.932.931.4-4.8%
Total202106145125-14.8%

Top Export Markets for Knives with Cutting Blades from Colombia in 2022:

  1. South Africa (56.3K units)
  2. Chile (8.3K units)
  3. Ecuador (7.6K units)
  4. Panama (3.1K units)
  5. Mexico (2.7K units)
  6. Brazil (1.9K units)
  7. Peru (1.9K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Knives; with cutting blades, serrated or not (including pruning knives), other than knives of heading no. 8208, and blades therefor - Colombia