Price for Knives with Cutting Blades in Pakistan - 2023
Contents:
- Price for Knives with Cutting Blades in Pakistan (FOB) - 2022
- Price for Knives with Cutting Blades in Pakistan (CIF) - 2022
- Exports of Knives with Cutting Blades in Pakistan
- Imports of Knives with Cutting Blades in Pakistan
Price for Knives with Cutting Blades in Pakistan (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $9.8 per unit, surging by 33% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +9.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knives with cutting blades export price increased by +143.7% against 2012 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 France ($10 per unit), while the average price for exports to the United Arab Emirates ($0.7 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 France (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Knives with Cutting Blades in Pakistan (CIF) - 2022
The average knives with cutting blades import price stood at $5.4 per unit in 2022, shrinking by -5.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 147%. The import price peaked at $22 per unit in 2014; however, from 2015 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 China ($7 per unit), while the price for the United Arab Emirates ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.4%), while the prices for the other major suppliers experienced a decline.
Exports of Knives with Cutting Blades in Pakistan
In 2022, the amount of knives with cutting bladeses exported from Pakistan fell to 2M units, dropping by -11.3% compared with the year before. Overall, exports recorded a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of 2.2M units, and then fell in the following year.
In value terms, knives with cutting blades exports soared to $19M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Knives with Cutting Blades in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.4 | 8.9 | 12.5 | 14.7 | 16.1% |
| France | 0.7 | 0.4 | 0.8 | 0.9 | 8.7% |
| United Kingdom | 0.3 | 0.4 | 0.7 | 0.8 | 38.7% |
| Germany | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| Belgium | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Afghanistan | 0.4 | N/A | N/A | N/A | 0% |
| Others | 1.1 | 1.0 | 1.4 | 1.7 | 15.6% |
| Total | 13.0 | 11.6 | 16.3 | 19.2 | 13.9% |
Top Export Markets for Knives with Cutting Blades from Pakistan in 2022:
- United States (1423.3K units)
- France (85.7K units)
- United Kingdom (75.4K units)
- Germany (71.0K units)
- United Arab Emirates (57.7K units)
- Belgium (50.6K units)
Imports of Knives with Cutting Blades in Pakistan
After three years of growth, supplies from abroad of knives with cutting bladeses decreased by -10.5% to 289K units in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 181% against the previous year. As a result, imports attained the peak of 323K units, and then fell in the following year.
In value terms, knives with cutting blades imports shrank markedly to $1.6M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 +25.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 48%. As a result, imports reached the peak of $1.8M, and then plummeted in the following year.
| Import of Knives with Cutting Blades in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,084 | 1,119 | 1,568 | 1,326 | 6.9% |
| United Arab Emirates | 78.8 | 41.9 | 155 | 131 | 18.5% |
| Thailand | 39.3 | 35.2 | 23.8 | 26.4 | -12.4% |
| Others | 53.9 | 44.3 | 94.5 | 74.9 | 11.6% |
| Total | 1,256 | 1,241 | 1,841 | 1,558 | 7.4% |
Top Suppliers of Knives with Cutting Blades to Pakistan in 2022:
- China (190.1K units)
- United Arab Emirates (77.1K units)
- Thailand (6.1K units)
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