Price for Knives with Cutting Blades in Portugal - 2023

Contents:

  1. Price for Knives with Cutting Blades in Portugal (FOB) - 2023
  2. Price for Knives with Cutting Blades in Portugal (CIF) - 2023
  3. Exports of Knives with Cutting Blades in Portugal
  4. Imports of Knives with Cutting Blades in Portugal

Price for Knives with Cutting Blades in Portugal (FOB) - 2023

In August 2023, the average knives with cutting blades export price amounted to $4.2 per unit, rising by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 29% m-o-m. Over the period under review, the average export prices attained the maximum in August 2023.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Italy ($8.1 per unit), while the average price for exports to France ($2.4 per unit) 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 Algeria (+132.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Knives with Cutting Blades in Portugal (CIF) - 2023

The average knives with cutting blades import price stood at $1.5 per unit in August 2023, declining by -6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 60% month-to-month. Over the period under review, average import prices hit record highs at $1.8 per unit in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($4.8 per unit), while the price for Angola ($237 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Knives with Cutting Blades in Portugal

In 2022, the amount of knives with cutting bladeses exported from Portugal rose notably to 8.5M units, with an increase of 9.3% compared with the previous year. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, knives with cutting blades exports rose notably to $27M in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Knives with Cutting Blades in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.54.85.15.46.3%
Spain2.82.52.93.57.7%
France1.92.62.73.016.4%
Italy1.31.52.22.117.3%
Canada1.51.21.71.62.2%
United States0.70.81.01.322.9%
Netherlands1.01.01.21.13.2%
Greece1.00.81.11.00.0%
Denmark0.40.50.80.931.0%
Saudi Arabia0.70.50.50.6-5.0%
Mexico0.40.40.40.614.5%
South Africa0.50.20.50.4-7.2%
Angola0.20.10.20.314.5%
Others4.74.34.64.80.7%
Total21.521.225.126.67.4%

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

  1. Spain (1600.4K units)
  2. France (1457.1K units)
  3. Germany (1267.7K units)
  4. Canada (672.1K units)
  5. Italy (417.4K units)
  6. Denmark (353.1K units)
  7. United States (271.4K units)
  8. Netherlands (261.5K units)
  9. Greece (224.5K units)
  10. Mexico (211.6K units)
  11. Saudi Arabia (184.8K units)
  12. Angola (167.8K units)
  13. South Africa (133.5K units)

Imports of Knives with Cutting Blades in Portugal

In 2022, approx. 5.8M units of knives with cutting bladeses were imported into Portugal; waning by -38.4% compared with the previous year. Over the period under review, imports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 115%. As a result, imports reached the peak of 9.4M units, and then declined markedly in the following year.

In value terms, knives with cutting blades imports dropped notably to $8.6M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. As a result, imports reached the peak of $12M, and then dropped notably in the following year.

Import of Knives with Cutting Blades in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.41.46.81.910.7%
Spain4.11.21.51.6-26.9%
Germany1.11.11.01.510.9%
Netherlands0.20.50.61.491.3%
France0.50.60.70.921.6%
Brazil0.20.10.20.314.5%
Belgium0.20.30.30.314.5%
Others0.60.60.70.810.1%
Total8.45.911.98.60.8%

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

  1. Netherlands (1627.4K units)
  2. China (1520.6K units)
  3. Germany (857.3K units)
  4. Spain (813.0K units)
  5. France (480.2K units)
  6. Brazil (122.6K units)
  7. Belgium (94.4K 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 - Portugal