Price for Knives with Cutting Blades in Kuwait - 2021

Contents:

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

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

The average knives with cutting blades import price stood at $1.3 per unit in 2022, with an increase of 9.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 13% against the previous year. The import price peaked at $1.4 per unit in 2020; however, from 2021 to 2022, import prices remained at a 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 the United States ($3.6 per unit), while the price for Iran ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average knives with cutting blades export price stood at $0.7 per unit in 2022, reducing by -26.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 77%. Over the period under review, the average export prices attained the peak figure at $1 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.4 per unit), while the average price for exports to Jordan ($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 the United States (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives with Cutting Blades in Kuwait

In 2022, the amount of knives with cutting bladeses imported into Kuwait contracted remarkably to 2.3M units, with a decrease of -21.4% compared with the previous year. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. Imports peaked at 2.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, knives with cutting blades imports reduced to $3M in 2022. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports hit record highs at $3.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Knives with Cutting Blades in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5878001,238678-24.7%
Japan3792295714707.4%
United States21212621235118.3%
Brazil21210820332415.2%
Germany15187.918020210.2%
United Arab Emirates20.48.02.114994.0%
Italy10775.21601100.9%
France11921473.496.5-6.7%
Turkey75.812893.294.27.5%
Iran32.426.430.030.9-1.6%
Others951714738502-19.2%
Total3,8462,5163,5003,008-7.9%

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

  1. China (1003.9K units)
  2. Japan (363.6K units)
  3. Brazil (183.5K units)
  4. United Arab Emirates (173.6K units)
  5. United States (97.3K units)
  6. Turkey (63.4K units)
  7. Iran (62.1K units)
  8. Germany (57.4K units)
  9. Italy (41.2K units)
  10. France (34.3K units)

Exports of Knives with Cutting Blades in Kuwait

Knives with cutting blades exports from Kuwait totaled 60K units in 2022, surging by 14% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 156%. As a result, the exports attained the peak of 62K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, knives with cutting blades exports declined sharply to $41K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 117%. The exports peaked at $49K in 2021, and then shrank significantly in the following year.

Export of Knives with Cutting Blades in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.216.237.929.6191.1%
United Arab Emirates7.35.82.33.7-20.3%
Bahrain0.43.32.72.173.8%
Egypt1.51.91.61.3-4.7%
Canada0.31.71.51.154.2%
Jordan0.40.40.40.3-9.1%
TanzaniaN/A0.1N/AN/A0%
Others3.93.12.92.6-12.6%
Total15.032.549.340.939.7%

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

  1. Qatar (36.5K units)
  2. United Arab Emirates (11.5K units)
  3. Bahrain (6.7K units)
  4. Jordan (1.5K units)
  5. Egypt (1.3K units)
  6. Canada (1.1K 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 - Kuwait