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

Contents:

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

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

The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $9.2 per unit in February 2022, flattening at the previous month. Over the period under review, import price indicated a perceptible increase from February 2021 to February 2022: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for knives with cutting blades, serrated or not (including pruning knives)s increased by +25.5% against December 2021 indices. The pace of growth appeared the most rapid in April 2021 an increase of 105% m-o-m. As a result, import price attained the peak level of $12.7 per unit. From May 2021 to February 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($20.1 per unit), while the price for China amounted to $8.8 per unit.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%).

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

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $7.8 per unit, increasing by 15% against the previous year. Overall, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2019 an increase of 20%. Over the period under review, the average export prices attained the maximum at $11 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($9.3 per unit), while the average price for exports to Panama ($2 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 Peru (+3.3%), while the prices for the other major destinations experienced a decline.

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

Imports of knives with cutting blades, serrated or not (including pruning knives)s into Colombia rose remarkably to 343K units in 2022, increasing by 5.6% on 2021. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s skyrocketed to $2.8M in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 67%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.21.11.82.120.5%
Brazil0.30.30.50.626.0%
Others0.10.10.10.10.0%
Total1.61.52.52.820.5%

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

  1. China (295.4K units)
  2. Brazil (43.5K units)

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

In 2022, approx. 219 units of knives with cutting blades, serrated or not (including pruning knives)s were exported from Colombia; with a decrease of -96.6% against the previous year's figure. Overall, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1,247% against the previous year. As a result, the exports attained the peak of 6.4K units, and then fell notably in the following year.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s reduced notably to $1.7K in 2022. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 846%. As a result, the exports attained the peak of $44K, and then reduced markedly in the following year.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic0.90.913.11.313.0%
Chile0.70.714.90.2-34.1%
Ecuador1.10.75.30.1-55.0%
Spain3.51.58.40.1-69.4%
Panama0.20.40.4N/A41.4%
Others1.30.31.4N/A3.8%
Total7.74.643.51.7-39.6%

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

  1. Dominican Republic (142.0 units)
  2. Chile (39.0 units)
  3. Spain (14.0 units)
  4. Ecuador (14.0 units)
  5. Panama (2.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Knives; with cutting blades, serrated or not (including pruning knives), sets of assorted articles, excluding knives and blades of heading no. 8208 - Colombia