Price for Knives with Cutting Blades in Hungary - 2023
Contents:
- Price for Knives with Cutting Blades in Hungary (CIF) - 2022
- Price for Knives with Cutting Blades in Hungary (FOB) - 2023
- Imports of Knives with Cutting Blades in Hungary
- Exports of Knives with Cutting Blades in Hungary
Price for Knives with Cutting Blades in Hungary (CIF) - 2022
The average knives with cutting blades import price stood at $1.2 per unit in 2022, approximately reflecting the previous year. In general, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 74% against the previous year. The import price peaked at $2.2 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3.2 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in Hungary (FOB) - 2023
In August 2023, the average knives with cutting blades export price amounted to $2.0 per unit, reducing by -27.8% against the previous month. Over the period under review, the export price, however, posted a tangible increase. The growth pace was the most rapid in July 2023 when the average export price increased by 90% against the previous month. As a result, the export price attained the peak level of $2.7 per unit, and then plummeted in the following month.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the Czech Republic ($5.2 per unit), while the average price for exports to Panama ($783 per thousand units) 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 Germany (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Hungary
In 2022, overseas purchases of knives with cutting bladeses decreased by -3% to 16M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.0% 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 +90.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. Over the period under review, imports hit record highs at 17M units in 2021, and then dropped in the following year.
In value terms, knives with cutting blades imports reduced to $19M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +51.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of $20M, and then declined modestly in the following year.
| Import of Knives with Cutting Blades in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 4.3 | 5.6 | 6.5 | 14.8% |
| Germany | 2.2 | 2.2 | 3.4 | 4.6 | 27.9% |
| Netherlands | 0.1 | 0.6 | 5.3 | 1.7 | 157.1% |
| Japan | 0.8 | 0.6 | 0.8 | 1.0 | 7.7% |
| Poland | 0.9 | 1.2 | 1.3 | 0.9 | 0.0% |
| Slovakia | 1.0 | 0.8 | 0.6 | 0.7 | -11.2% |
| Austria | 0.5 | 0.6 | 0.5 | 0.6 | 6.3% |
| France | 0.3 | 0.2 | 0.5 | 0.5 | 18.6% |
| Italy | 1.2 | 0.5 | 0.3 | 0.4 | -30.7% |
| Czech Republic | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Others | 2.6 | 1.2 | 1.2 | 1.8 | -11.5% |
| Total | 14.1 | 12.6 | 19.8 | 19.0 | 10.5% |
Top Suppliers of Knives with Cutting Blades to Hungary in 2022:
- China (9.7M units)
- Germany (1.6M units)
- Poland (0.7M units)
- Austria (0.7M units)
- Netherlands (0.5M units)
- France (0.5M units)
- Italy (0.4M units)
- Japan (0.4M units)
- Czech Republic (0.3M units)
- Slovakia (0.3M units)
Exports of Knives with Cutting Blades in Hungary
In 2022, shipments abroad of knives with cutting bladeses decreased by -1.1% to 6.3M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 213% against the previous year. Over the period under review, the exports attained the peak figure at 6.4M units in 2021, and then reduced modestly in the following year.
In value terms, knives with cutting blades exports shrank slightly to $7.2M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, the exports attained the peak of $7.3M, leveling off in the following year.
| Export of Knives with Cutting Blades in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,127 | 1,484 | 1,163 | 1,192 | 1.9% |
| Netherlands | 141 | 280 | 853 | 743 | 74.0% |
| Slovakia | 731 | 952 | 1,498 | 725 | -0.3% |
| Germany | 155 | 209 | 434 | 676 | 63.4% |
| Czech Republic | 643 | 499 | 689 | 651 | 0.4% |
| Poland | 181 | 181 | 379 | 609 | 49.8% |
| Italy | 1,191 | 663 | 421 | 406 | -30.1% |
| Lithuania | 19.9 | 132 | 67.6 | 230 | 126.1% |
| Serbia | 19.7 | 20.9 | 75.0 | 146 | 95.0% |
| Kazakhstan | 106 | 76.0 | 29.2 | 99.0 | -2.3% |
| Spain | 19.7 | 83.3 | 42.9 | 85.8 | 63.3% |
| Panama | 176 | 84.0 | 98.2 | 63.3 | -28.9% |
| Belarus | 60.4 | 237 | 156 | 38.0 | -14.3% |
| Others | 1,378 | 1,605 | 1,399 | 1,571 | 4.5% |
| Total | 5,948 | 6,507 | 7,305 | 7,236 | 6.8% |
Top Export Markets for Knives with Cutting Blades from Hungary in 2022:
- Germany (1341.0K units)
- Slovakia (1202.8K units)
- Poland (569.0K units)
- Netherlands (551.5K units)
- Romania (439.3K units)
- Italy (362.0K units)
- Czech Republic (323.0K units)
- Serbia (158.0K units)
- Lithuania (135.2K units)
- Spain (101.7K units)
- Kazakhstan (98.7K units)
- Panama (66.0K units)
- Belarus (45.3K units)
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