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

Contents:

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

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

In 2022, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $3.1 per unit, growing by 15% against the previous year. In general, the import price, however, continues to indicate a slight descent. The pace of growth was the most pronounced in 2013 an increase of 48% against the previous year. Over the period under review, average import prices attained the peak figure at $6.7 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.1% per year.

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

The average export price for knives with cutting blades, serrated or not (including pruning knives)s stood at $30 per unit in 2022, shrinking by -29.4% against the previous year. Overall, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 165%. The export price peaked at $43 per unit in 2021, and then shrank notably in the following year.

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 China ($133 per unit), while the average price for exports to Turkey ($4 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 Timor-Leste (+71.7%), 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 Indonesia

In 2022, overseas purchases of knives with cutting blades, serrated or not (including pruning knives)s decreased by -18.9% to 1.6M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 241% against the previous year. Imports peaked at 2M units in 2021, and then fell notably in the following year.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s dropped to $4.9M in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 147% against the previous year. Imports peaked at $5.3M in 2021, and then shrank in the following year.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.33.45.14.854.6%
Others0.20.10.10.1-20.6%
Total1.43.55.34.951.8%

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

  1. China (1574.0K units)

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

In 2022, overseas shipments of knives with cutting blades, serrated or not (including pruning knives)s decreased by -82.5% to 287 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 91%. The exports peaked at 1.6K units in 2021, and then shrank notably in the following year.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s shrank rapidly to $8.7K in 2022. Over the period under review, exports, however, posted tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of 407% against the previous year. The exports peaked at $71K in 2021, and then dropped sharply in the following year.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.52.94.95.0115.4%
Serbia1.20.5N/A1.814.5%
China1.40.62.90.8-17.0%
Timor-LesteN/AN/A0.40.525.0%
Canada1.20.20.20.1-56.3%
Israel1.0N/AN/AN/A0%
United KingdomN/A25.639.6N/A54.7%
Brunei Darussalam0.9N/AN/AN/A0%
Papua New GuineaN/A4.3N/AN/A0%
QatarN/AN/A21.2N/A0%
South Africa0.9N/AN/AN/A0%
France0.4N/A0.8N/A41.4%
RomaniaN/A4.2N/AN/A0%
Others0.20.80.60.535.7%
Total7.739.170.58.74.2%

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

  1. Singapore (185.0 units)
  2. Serbia (48.0 units)
  3. Timor-Leste (36.0 units)
  4. China (6.0 units)
  5. Canada (4.0 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 - Indonesia