Price for Knives with Cutting Blades in Lithuania - 2023
Contents:
- Price for Knives with Cutting Blades in Lithuania (CIF) - 2022
- Price for Knives with Cutting Blades in Lithuania (FOB) - 2023
- Imports of Knives with Cutting Blades in Lithuania
- Exports of Knives with Cutting Blades in Lithuania
Price for Knives with Cutting Blades in Lithuania (CIF) - 2022
The average knives with cutting blades import price stood at $2.1 per unit in 2022, reducing by -10.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, average import prices reached the peak figure at $2.4 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($6.6 per unit), while the price for China ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in Lithuania (FOB) - 2023
The average knives with cutting blades export price stood at $6.3 per unit in September 2023, falling by -25.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 29% month-to-month. Over the period under review, the average export prices attained the maximum at $8.5 per unit in August 2023, and then fell rapidly in the following month.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the United States ($19.9 per unit), while the average price for exports to Hungary ($1.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Lithuania
In 2022, knives with cutting blades imports into Lithuania totaled 4M units, growing by 13% against the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, knives with cutting blades imports stood at $8.3M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Knives with Cutting Blades in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 800 | 786 | 1,607 | 2,307 | 42.3% |
| Germany | 807 | 868 | 1,124 | 1,246 | 15.6% |
| Poland | 488 | 528 | 811 | 870 | 21.3% |
| Finland | 535 | 440 | 620 | 850 | 16.7% |
| Spain | 434 | 455 | 867 | 593 | 11.0% |
| Latvia | 241 | 306 | 317 | 384 | 16.8% |
| Italy | 312 | 317 | 296 | 319 | 0.7% |
| Hungary | 9.2 | 53.8 | 35.7 | 182 | 170.5% |
| Netherlands | 132 | 90.1 | 209 | 136 | 1.0% |
| Belgium | 287 | 262 | 644 | 77.8 | -35.3% |
| Others | 1,389 | 1,608 | 1,728 | 1,384 | -0.1% |
| Total | 5,434 | 5,712 | 8,260 | 8,350 | 15.4% |
Top Suppliers of Knives with Cutting Blades to Lithuania in 2022:
- China (1961.0K units)
- Poland (495.0K units)
- Germany (412.1K units)
- Latvia (247.0K units)
- Italy (162.1K units)
- Spain (144.7K units)
- Finland (129.4K units)
- Hungary (84.6K units)
- Netherlands (64.6K units)
- Belgium (23.0K units)
Exports of Knives with Cutting Blades in Lithuania
In 2022, knives with cutting blades exports from Lithuania dropped significantly to 861K units, declining by -26.7% against the year before. Overall, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 1.2M units, and then dropped markedly in the following year.
In value terms, knives with cutting blades exports fell sharply to $4.7M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports attained the peak of $5.7M, and then declined dramatically in the following year.
| Export of Knives with Cutting Blades in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,945 | 2,157 | 3,082 | 2,075 | 2.2% |
| Latvia | 640 | 506 | 542 | 381 | -15.9% |
| Kazakhstan | 15.5 | 57.0 | 130 | 267 | 158.3% |
| Belarus | 167 | 162 | 311 | 179 | 2.3% |
| Poland | 14.3 | 56.7 | 120 | 144 | 115.9% |
| Estonia | 222 | 222 | 174 | 142 | -13.8% |
| Uzbekistan | 7.1 | 28.1 | 33.2 | 58.1 | 101.5% |
| Bulgaria | 24.1 | 32.3 | 29.9 | 24.7 | 0.8% |
| Others | 363 | 833 | 1,281 | 1,439 | 58.3% |
| Total | 3,398 | 4,054 | 5,703 | 4,710 | 11.5% |
Top Export Markets for Knives with Cutting Blades from Lithuania in 2022:
- Russia (411.2K units)
- Latvia (138.9K units)
- Belarus (66.3K units)
- Estonia (60.2K units)
- Kazakhstan (36.4K units)
- Poland (34.2K units)
- Bulgaria (20.0K units)
- Uzbekistan (19.8K units)
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