Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana - 2022
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana (CIF) - 2022
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana (CIF) - 2022
In 2022, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $7.7 per unit, rising by 45% against the previous year. In general, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 64% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13 per unit), while the price for the United Arab Emirates ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.7%), 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 Ghana (FOB) - 2022
In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $5.9 per unit, remaining relatively unchanged against the previous year. In general, the export price saw a noticeable downturn. The growth pace was the most rapid in 2014 an increase of 63% against the previous year. As a result, the export price attained the peak level of $7.7 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
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 Burkina Faso ($12 per unit), while the average price for exports to Niger ($1.6 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 Burkina Faso (+4.5%), while the prices for the other major destinations experienced a decline.
Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana
After three years of growth, supplies from abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -48.2% to 24K units in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 313% against the previous year. As a result, imports attained the peak of 47K units, and then shrank rapidly in the following year.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s shrank remarkably to $187K in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 388% against the previous year. As a result, imports reached the peak of $250K, and then declined significantly in the following year.
| Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.5 | 19.7 | 141 | 88.3 | 97.3% |
| South Africa | 6.3 | 9.7 | 53.7 | 16.1 | 36.7% |
| India | 1.3 | 7.1 | 8.1 | 12.6 | 113.2% |
| United Kingdom | N/A | 2.3 | 0.2 | 8.5 | 92.2% |
| United States | 0.1 | 0.2 | 0.9 | 5.7 | 284.9% |
| Nigeria | N/A | N/A | 0.1 | 2.5 | 2400.0% |
| Others | 8.6 | 12.3 | 45.5 | 53.3 | 83.7% |
| Total | 27.8 | 51.2 | 250 | 187 | 88.8% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Ghana in 2022:
- China (17.3K units)
- South Africa (2.4K units)
- United Kingdom (1.0K units)
- India (0.9K units)
- United States (0.8K units)
- Nigeria (0.4K units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana
For the third consecutive year, Ghana recorded decline in shipments abroad of knives with cutting blades, serrated or not (including pruning knives)s, which decreased by -86.7% to 977 units in 2022. In general, exports faced a precipitous decrease. The smallest decline of -2.1% was in 2020. Over the period under review, the exports of attained the peak figure at 15K 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 declined notably to $5.8K in 2022. Overall, exports saw a sharp slump. The smallest decline of -5.3% was in 2020. The exports peaked at $85K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 70.3 | 65.8 | 34.5 | 4.3 | -60.6% |
| Niger | 9.3 | 9.7 | 5.6 | 0.8 | -55.9% |
| Mali | 5.2 | 5.4 | 3.1 | 0.4 | -57.5% |
| Others | 0.6 | N/A | N/A | 0.3 | -20.6% |
| Total | 85.4 | 80.8 | 43.3 | 5.8 | -59.2% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Ghana in 2022:
- Niger (481.0 units)
- Burkina Faso (361.0 units)
- Mali (122.0 units)
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