Price for Knives with Cutting Blades in Ethiopia - 2022

Contents:

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

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

The average knives with cutting blades import price stood at $0.3 per unit in 2022, declining by -43.2% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 73%. The import price peaked at $0.9 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.3 per unit), while the price for India totaled $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.3%).

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

In 2022, the average knives with cutting blades export price amounted to $2.2 per unit, stabilizing at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 88%. Over the period under review, the average export prices hit record highs at $2.4 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($17 per unit), while the average price for exports to Kenya ($0.2 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 Cote d'Ivoire (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives with Cutting Blades in Ethiopia

In 2022, after two years of decline, there was significant growth in overseas purchases of knives with cutting bladeses, when their volume increased by 207% to 4.4M units. Overall, imports, however, continue to indicate a deep reduction. Over the period under review, imports hit record highs at 5.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, knives with cutting blades imports skyrocketed to $1.3M in 2022. Over the period under review, imports, however, recorded a abrupt contraction. Over the period under review, imports reached the peak figure at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Knives with Cutting Blades in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3356225491,127-5.5%
India12.436.618.540.848.7%
Italy42.982.769.221.7-20.3%
Others170119129144-5.4%
Total1,5608607651,334-5.1%

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

  1. Italy (undefinedM units)
  2. China (4.1M units)
  3. India (0.2M units)

Exports of Knives with Cutting Blades in Ethiopia

In 2022, the amount of knives with cutting bladeses exported from Ethiopia skyrocketed to 424 units, growing by 152% against 2021 figures. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 602% against the previous year. As a result, the exports attained the peak of 1.1K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, knives with cutting blades exports soared to $940 in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 736%. As a result, the exports reached the peak of $2.1K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Knives with Cutting Blades in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.033.07.0482443.6%
AustraliaN/AN/AN/A3360%
Kenya1.03.01.058.0287.1%
Turkey1.03.01.051.0270.8%
SwitzerlandN/AN/AN/A11.00%
BeninN/A11.0N/AN/A0%
Cote d'Ivoire41.045965.0N/A25.9%
Belgium1771,433242N/A16.9%
Others31.018262.02.0-59.9%
Total2542,12437894054.7%

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

  1. Kenya (306.0 units)
  2. Turkey (46.0 units)
  3. Australia (32.0 units)
  4. Italy (29.0 units)
  5. Switzerland (8.0 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 - Ethiopia