Price for Knives with Cutting Blades in Denmark - 2023
Contents:
- Price for Knives with Cutting Blades in Denmark (CIF) - 2023
- Price for Knives with Cutting Blades in Denmark (FOB) - 2023
- Imports of Knives with Cutting Blades in Denmark
- Exports of Knives with Cutting Blades in Denmark
Price for Knives with Cutting Blades in Denmark (CIF) - 2023
In August 2023, the average knives with cutting blades import price amounted to $2.3 per unit, falling by -28.6% against the previous month. Over the period under review, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 169% month-to-month. Over the period under review, average import prices attained the peak figure at $3.3 per unit in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($5.2 per unit), while the price for China ($1.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in Denmark (FOB) - 2023
The average knives with cutting blades export price stood at $5.4 per unit in August 2023, waning by -15.5% against the previous month. Over the period under review, export price indicated measured growth from August 2022 to August 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, knives with cutting blades export price increased by +11.6% against June 2023 indices. The most prominent rate of growth was recorded in July 2023 an increase of 32% month-to-month. As a result, the export price attained the peak level of $6.3 per unit, and then shrank rapidly in the following month.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Faroe Islands ($13.3 per unit), while the average price for exports to the United States ($1.9 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Denmark
After three years of growth, supplies from abroad of knives with cutting bladeses decreased by -31.4% to 12M units in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 68% against the previous year. Imports peaked at 18M units in 2021, and then declined remarkably in the following year.
In value terms, knives with cutting blades imports declined sharply to $27M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of $33M, and then reduced sharply in the following year.
| Import of Knives with Cutting Blades in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 4.7 | 9.8 | 8.7 | 28.5% |
| Germany | 4.6 | 5.1 | 6.1 | 6.4 | 11.6% |
| Japan | 4.8 | 3.4 | 4.5 | 3.2 | -12.6% |
| Sweden | 1.9 | 2.1 | 2.6 | 2.2 | 5.0% |
| France | 0.7 | 1.3 | 2.8 | 1.5 | 28.9% |
| Finland | 1.7 | 1.9 | 2.6 | 1.3 | -8.6% |
| Netherlands | 2.4 | 1.8 | 0.6 | 0.8 | -30.7% |
| Italy | 0.1 | 0.3 | 0.2 | 0.4 | 58.7% |
| Taiwan (Chinese) | 0.4 | 0.1 | 0.5 | 0.4 | 0.0% |
| Belgium | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Others | 2.3 | 3.0 | 2.8 | 1.8 | -7.8% |
| Total | 22.9 | 23.7 | 32.7 | 27.2 | 5.9% |
Top Suppliers of Knives with Cutting Blades to Denmark in 2022:
- China (5.0M units)
- Germany (1.8M units)
- Japan (1.2M units)
- Sweden (1.0M units)
- France (0.6M units)
- Netherlands (0.4M units)
- Finland (0.4M units)
- Belgium (0.4M units)
- Italy (0.3M units)
- Taiwan (Chinese) (0.2M units)
Exports of Knives with Cutting Blades in Denmark
In 2022, knives with cutting blades exports from Denmark soared to 2.8M units, picking up by 46% against 2021 figures. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, knives with cutting blades exports surged to $11M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Knives with Cutting Blades in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,699 | 1,718 | 2,232 | 2,578 | 14.9% |
| Norway | 3,257 | 2,675 | 3,060 | 1,701 | -19.5% |
| Germany | 707 | 656 | 785 | 1,384 | 25.1% |
| United States | 90.8 | 48.0 | 101 | 773 | 104.2% |
| United Kingdom | 152 | 144 | 175 | 533 | 51.9% |
| Faroe Islands | 458 | 315 | 251 | 420 | -2.8% |
| France | 101 | 54.0 | 114 | 401 | 58.3% |
| Greenland | 350 | 194 | 197 | 352 | 0.2% |
| Netherlands | 62.5 | 85.1 | 192 | 322 | 72.7% |
| Australia | 94.2 | 137 | 210 | 278 | 43.4% |
| Iceland | 114 | 180 | 308 | 252 | 30.3% |
| Finland | 173 | 250 | 247 | 186 | 2.4% |
| Belgium | 51.8 | 46.8 | 60.7 | 118 | 31.6% |
| Others | 749 | 609 | 904 | 1,743 | 32.5% |
| Total | 8,061 | 7,111 | 8,837 | 11,041 | 11.1% |
Top Export Markets for Knives with Cutting Blades from Denmark in 2022:
- Norway (545.4K units)
- Germany (472.6K units)
- Sweden (454.3K units)
- France (147.1K units)
- Netherlands (131.8K units)
- United Kingdom (120.6K units)
- Australia (105.6K units)
- United States (81.7K units)
- Finland (62.6K units)
- Belgium (58.1K units)
- Faroe Islands (55.8K units)
- Greenland (55.6K units)
- Iceland (44.7K units)
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