Price for Knives with Cutting Blades in Guatemala - 2023

Contents:

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

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

The average knives with cutting blades import price stood at $0.8 per unit in 2022, with an increase of 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2021 an increase of 16% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1.5 per unit), while the price for Hong Kong SAR ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average knives with cutting blades export price stood at $0.7 per unit in 2022, increasing by 2.9% against the previous year. Over the period under review, the export price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2017 an increase of 34% against the previous year. The export price peaked at $0.9 per unit in 2018; however, from 2019 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 El Salvador ($1 per unit), while the average price for exports to Honduras ($0.5 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 El Salvador (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Knives with Cutting Blades in Guatemala

In 2022, approx. 7.4M units of knives with cutting bladeses were imported into Guatemala; falling by -3.3% on the previous year. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% 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 +70.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of 7.7M units, and then reduced in the following year.

In value terms, knives with cutting blades imports dropped to $6M in 2022. Overall, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports attained the peak of $6M, and then shrank in the following year.

Import of Knives with Cutting Blades in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9701,1782,6943,54521.6%
Brazil8404321,4391,42819.3%
United States527461395209-26.5%
Mexico211228288146-11.6%
El Salvador1201581350.6-82.9%
Panama4201651900.5-89.4%
Others5763298956363.4%
Total4,6642,9536,0375,9658.5%

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

  1. El Salvador (undefinedM units)
  2. Panama (undefinedM units)
  3. China (6.0M units)
  4. Brazil (0.9M units)
  5. United States (0.2M units)
  6. Mexico (0.1M units)

Exports of Knives with Cutting Blades in Guatemala

Knives with cutting blades exports from Guatemala rose significantly to 511K units in 2022, picking up by 5.3% compared with 2021. Overall, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. The exports peaked at 752K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, knives with cutting blades exports expanded notably to $356K in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. The exports peaked at $419K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Knives with Cutting Blades in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras11472.672.81468.6%
El Salvador15466.499.9101-13.1%
Nicaragua11367.186.363.9-17.3%
Panama32.014.917.916.0-20.6%
Others5.34.151.628.475.0%
Total419225329356-5.3%

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

  1. Honduras (272.1K units)
  2. El Salvador (100.3K units)
  3. Nicaragua (98.5K units)
  4. Panama (22.8K 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 - Guatemala