Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria - 2023

Contents:

1. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria (CIF) - 2023
2. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria (FOB) - 2022
3. Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria
4. Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria (CIF) - 2023

In December 2023, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $11.2 per unit, falling by -53.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 160% m-o-m. Over the period under review, average import prices hit record highs at $35.9 per unit in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($77.8 per unit), while the price for China ($3.6 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria (FOB) - 2022

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $11 per unit, jumping by 97% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 225% against the previous year. As a result, the export price attained the peak level of $40 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($21 per unit), while the average price for exports to Serbia ($7.3 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 Algeria (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria

In 2022, the amount of knives with cutting blades, serrated or not (including pruning knives)s imported into Bulgaria stood at 101K units, remaining stable against the year before. Over the period under review, imports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Imports peaked at 114K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s expanded remarkably to $1.1M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.7% 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 +100.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Bulgaria in 2022:

1. China (24.1K units)
2. Poland (19.1K units)
3. Germany (17.7K units)
4. Hungary (15.0K units)
5. Romania (6.4K units)
6. Spain (4.9K units)
7. India (4.0K units)
8. Belgium (3.2K units)

Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Bulgaria

Exports of knives with cutting blades, serrated or not (including pruning knives)s from Bulgaria contracted significantly to 1.7K units in 2022, shrinking by -61.2% on the year before. In general, exports recorded a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 5.1% against the previous year. Over the period under review, the exports of reached the maximum at 12K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s contracted notably to $19K in 2022. Overall, exports faced a sharp setback. The exports peaked at $150K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Bulgaria in 2022:

1. Serbia (549.0 units)
2. United Kingdom (507.0 units)
3. Georgia (281.0 units)
4. Armenia (213.0 units)
5. Malta (72.0 units)
6. Romania (47.0 units)

Source: IndexBox Market Intelligence Platform