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

Contents:

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

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

The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $6.6 per unit in December 2023, increasing by 8.6% against the previous month. In general, the import price, however, recorded a slight curtailment. The growth pace was the most rapid in April 2023 an increase of 126% month-to-month. As a result, import price reached the peak level of $13.4 per unit. From May 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Romania ($28.0 per unit), while the price for China ($4.1 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 (+35.8%), 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 Hungary (FOB) - 2023

In December 2023, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $11.7 per unit, waning by -5.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in February 2023 an increase of 33% m-o-m. Over the period under review, the average export prices attained the maximum at $12.4 per unit in November 2023, and then reduced in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($15.7 per unit), while the average price for exports to Panama ($7.1 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.7%), 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 Hungary

After three years of growth, supplies from abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -22.2% to 914K units in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% 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 +29.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 1.2M units, and then fell notably in the following year.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s contracted significantly to $5.3M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +44.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of $6.6M, and then shrank markedly in the following year.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.83.14.84.214.5%
Germany0.30.30.40.410.1%
Poland0.10.20.10.10.0%
Others0.50.61.30.66.3%
Total3.74.26.65.312.7%

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

  1. China (831.3K units)
  2. Germany (40.5K units)
  3. Poland (5.6K units)

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

In 2022, overseas shipments of knives with cutting blades, serrated or not (including pruning knives)s decreased by -6.7% to 529K units, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 46%. As a result, the exports attained the peak of 615K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s dropped modestly to $5.1M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. Over the period under review, the exports of reached the peak figure at $5.3M in 2021, and then declined slightly in the following year.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania7571,2358677710.6%
Netherlands13128470873477.6%
Poland15317040851549.9%
Germany28.477.3132501160.3%
Slovakia3356496404167.5%
Czech Republic593401462321-18.5%
Italy598643412292-21.3%
Lithuania18.313671.0225130.8%
Bulgaria157167116129-6.3%
Kazakhstan85.761.726.094.03.1%
Slovenia31.873.252.890.941.9%
Croatia55.150.941.359.42.5%
Serbia6.23.021.750.8101.6%
Others9461,3251,336898-1.7%
Total3,8965,2755,2945,0989.4%

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

  1. Romania (86.0K units)
  2. Netherlands (67.8K units)
  3. Poland (46.3K units)
  4. Slovakia (43.6K units)
  5. Germany (41.1K units)
  6. Italy (31.7K units)
  7. Czech Republic (25.0K units)
  8. Lithuania (24.0K units)
  9. Bulgaria (15.4K units)
  10. Kazakhstan (12.0K units)
  11. Croatia (10.2K units)
  12. Slovenia (10.1K units)
  13. Serbia (9.0K 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 - Hungary