Price for Knives with Cutting Blades in Hong Kong SAR - 2023
Contents:
- Price for Knives with Cutting Blades in Hong Kong SAR (CIF) - 2022
- Price for Knives with Cutting Blades in Hong Kong SAR (FOB) - 2022
- Imports of Knives with Cutting Blades in Hong Kong SAR
- Exports of Knives with Cutting Blades in Hong Kong SAR
Price for Knives with Cutting Blades in Hong Kong SAR (CIF) - 2022
In 2022, the average knives with cutting blades import price amounted to $4.3 per unit, dropping by -4.5% against the previous year. In general, the import price saw a sharp contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 169%. The import price peaked at $163 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($6 per unit), while the price for France ($2.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-13.1%), while the prices for the other major suppliers experienced a decline.
Price for Knives with Cutting Blades in Hong Kong SAR (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $3.5 per unit, dropping by -25.5% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 28%. As a result, the export price reached the peak level of $7.8 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($6.3 per unit), while the average price for exports to Singapore ($2.3 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 Switzerland (+3.9%), while the prices for the other major destinations experienced a decline.
Imports of Knives with Cutting Blades in Hong Kong SAR
In 2022, supplies from abroad of knives with cutting bladeses decreased by -14.4% to 1.7M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of 2M units, and then declined in the following year.
In value terms, knives with cutting blades imports contracted dramatically to $7.3M in 2022. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 2.1%. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Knives with Cutting Blades in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 5.0 | 5.6 | 4.0 | -25.3% |
| Japan | 0.8 | 0.9 | 1.0 | 0.9 | 4.0% |
| Switzerland | 0.6 | 0.6 | 1.1 | 0.9 | 14.5% |
| Germany | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| United States | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| France | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Italy | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 0.6 | 1.3 | 0.4 | 0.5 | -5.9% |
| Total | 12.6 | 8.7 | 8.9 | 7.3 | -16.6% |
Top Suppliers of Knives with Cutting Blades to Hong Kong SAR in 2022:
- China (982.1K units)
- Switzerland (158.8K units)
- Japan (156.2K units)
- Germany (119.5K units)
- United States (63.1K units)
- France (57.6K units)
- Italy (35.3K units)
Exports of Knives with Cutting Blades in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in overseas shipments of knives with cutting bladeses, when their volume increased by 22% to 2M units. Overall, exports, however, showed a perceptible decrease. Over the period under review, the exports attained the peak figure at 2.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, knives with cutting blades exports fell to $6.9M in 2022. In general, exports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, the exports attained the peak figure at $11M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Knives with Cutting Blades in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,241 | 1,252 | 1,634 | 1,922 | 15.7% |
| United States | 2,989 | 1,664 | 1,238 | 1,315 | -23.9% |
| Japan | 2,126 | 1,235 | 1,418 | 1,306 | -15.0% |
| Germany | 1,344 | 387 | 1,427 | 655 | -21.3% |
| France | 103 | 139 | 196 | 295 | 42.0% |
| Netherlands | 204 | 56.0 | 441 | 162 | -7.4% |
| Sweden | 591 | 470 | 133 | 159 | -35.4% |
| United Kingdom | 200 | 145 | 86.0 | 151 | -8.9% |
| Singapore | 64.3 | 47.9 | 54.5 | 89.4 | 11.6% |
| Norway | 234 | 84.8 | 23.6 | 1.1 | -83.2% |
| Others | 1,406 | 1,387 | 946 | 841 | -15.7% |
| Total | 10,501 | 6,868 | 7,598 | 6,897 | -13.1% |
Top Export Markets for Knives with Cutting Blades from Hong Kong SAR in 2022:
- China (662.8K units)
- United States (390.7K units)
- Japan (302.2K units)
- Germany (147.2K units)
- France (99.9K units)
- United Kingdom (53.7K units)
- Netherlands (42.3K units)
- Singapore (39.0K units)
- Sweden (38.6K units)
- Norway (0.5K units)
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