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

Contents:

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

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

The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $7 per unit in 2022, surging by 20% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure at $7.2 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Malaysia ($16 per unit), while the price for China ($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 Malaysia (+11.8%), 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 India (FOB) - 2022

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $7.6 per unit, with an increase of 2.2% against the previous year. In general, the export price showed a mild expansion. The growth pace was the most rapid in 2013 an increase of 460% against the previous year. As a result, the export price reached the peak level of $38 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cameroon ($14 per unit), while the average price for exports to Bhutan ($2.8 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 Qatar (+14.6%), 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 India

In 2022, the amount of knives with cutting blades, serrated or not (including pruning knives)s imported into India soared to 145K units, with an increase of 33% compared with the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.1% 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 +73.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s surged to $1M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46371555372015.9%
MalaysiaN/AN/A44.9201347.7%
Switzerland2.029.518.444.5181.3%
Others72.810.914.244.1-15.4%
Total5387556311,01023.4%

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

  1. China (127.6K units)
  2. Malaysia (12.5K units)
  3. Switzerland (3.4K units)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of knives with cutting blades, serrated or not (including pruning knives)s, when their volume increased by 38% to 5.5K units. Over the period under review, exports, however, faced a precipitous decline. Over the period under review, the exports of reached the maximum at 44K 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 skyrocketed to $42K in 2022. Overall, exports, however, recorded a dramatic decline. The exports peaked at $226K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates25.512.34.910.1-26.6%
Kenya10.723.20.26.9-13.6%
Ethiopia14.98.7N/A4.8-31.4%
Democratic Republic of the Congo0.2N/A0.14.4180.2%
Cameroon3.28.52.52.9-3.2%
Maldives1.4N/A0.62.826.0%
United States3.51.63.51.6-23.0%
Sri Lanka7.10.3N/A1.5-40.4%
Qatar0.5N/AN/A1.440.9%
Nepal2.73.07.41.3-21.6%
FijiN/A0.40.11.165.8%
CanadaN/AN/A0.11.0900.0%
Bhutan0.60.62.20.5-5.9%
Others15646.28.01.5-78.7%
Total22610529.641.7-43.1%

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

  1. United Arab Emirates (1106.0 units)
  2. Kenya (940.0 units)
  3. Democratic Republic of the Congo (860.0 units)
  4. Ethiopia (502.0 units)
  5. Nepal (246.0 units)
  6. Maldives (243.0 units)
  7. United States (241.0 units)
  8. Cameroon (211.0 units)
  9. Qatar (203.0 units)
  10. Bhutan (180.0 units)
  11. Sri Lanka (161.0 units)
  12. Canada (152.0 units)
  13. Fiji (143.0 units)

Source: IndexBox Market Intelligence Platform

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