Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China - 2024

Contents:

  1. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China (FOB) - 2024
  2. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China (CIF) - 2022
  3. Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China
  4. Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China (FOB) - 2024

The average export price for knives with cutting blades, serrated or not (including pruning knives)s stood at $5.1 per unit in February 2024, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 34% m-o-m. As a result, the export price reached the peak level of $6.5 per unit. From May 2023 to February 2024, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In February 2024, the country with the highest price was the UK ($11.8 per unit), while the average price for exports to Vietnam ($1.1 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $24 per unit in 2022, shrinking by -12.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 40% against the previous year. Over the period under review, average import prices attained the peak figure at $42 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Italy ($128 per unit), while the price for Vietnam ($5.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, shipments abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -12.5% to 87M units in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 40% against the previous year. Over the period under review, the exports of attained the maximum at 99M units in 2021, and then fell in the following year.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s reduced dramatically to $549M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.0% 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 +22.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of $684M, and then reduced sharply in the following year.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17021830525013.7%
United Kingdom21.027.135.822.42.2%
Netherlands21.123.335.921.81.1%
Canada16.120.822.919.56.6%
Indonesia5.17.013.919.456.1%
Germany26.919.126.718.4-11.9%
United Arab Emirates16.310.28.615.4-1.9%
France6.36.910.612.726.3%
Australia9.614.815.812.69.5%
Slovenia5.05.612.69.423.4%
Spain9.45.29.58.8-2.2%
Poland8.89.415.27.2-6.5%
Brazil6.04.06.66.94.8%
Others126133165125-0.3%
Total4485046845497.0%

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

  1. United States (25.4M units)
  2. Netherlands (9.8M units)
  3. Indonesia (5.6M units)
  4. France (3.9M units)
  5. Germany (3.5M units)
  6. Spain (3.4M units)
  7. United Kingdom (2.2M units)
  8. Slovenia (2.0M units)
  9. United Arab Emirates (1.8M units)
  10. Canada (1.7M units)
  11. Poland (1.7M units)
  12. Brazil (1.6M units)
  13. Australia (1.6M units)

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

In 2022, supplies from abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -1.7% to 124K units, falling for the second year in a row after two years of growth. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 116%. As a result, imports reached the peak of 133K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s shrank to $3M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, imports attained the peak of $3.5M, and then declined in the following year.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,9331,7882,4532,1663.9%
Japan156153143151-1.1%
Vietnam11079.111596.0-4.4%
Switzerland38.345.067.043.34.2%
United States10.332.364.140.958.4%
Spain0.51.85.618.8235.0%
Brazil1386.10.34.0-69.3%
Others60.866665348099.1%
Total2,4462,7713,5023,0007.0%

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

  1. Germany (28.8K units)
  2. Vietnam (17.3K units)
  3. Japan (5.0K units)
  4. United States (1.9K units)
  5. Switzerland (1.6K units)
  6. Spain (1.5K units)
  7. Brazil (0.2K units)

Source: IndexBox Market Intelligence Platform

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