Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama - 2024
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama (CIF) - 2022
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama (CIF) - 2022
The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $7.5 per unit in 2022, shrinking by -5.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 21% against the previous year. The import price peaked at $11 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Brazil ($28 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 Mexico (+24.4%), 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 Panama (FOB) - 2022
In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $4.2 per unit, stabilizing at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 81%. As a result, the export price reached the peak level of $5.3 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
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 Chile ($17 per unit), while the average price for exports to the Dominican Republic ($2.5 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 Guatemala (+9.4%), 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 Panama
Imports of knives with cutting blades, serrated or not (including pruning knives)s into Panama declined markedly to 28K units in 2022, shrinking by -74.7% on 2021 figures. Over the period under review, imports showed a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 542% against the previous year. As a result, imports attained the peak of 109K units, and then declined sharply in the following year.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s plummeted to $208K in 2022. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 382%. As a result, imports attained the peak of $869K, and then shrank sharply in the following year.
| Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 235 | 81.0 | 756 | 99.4 | -24.9% |
| United States | 25.4 | 30.6 | 32.2 | 36.4 | 12.7% |
| Free Zones | 9.2 | 16.1 | 40.4 | 34.4 | 55.2% |
| Brazil | 32.0 | 24.3 | 35.5 | 28.8 | -3.5% |
| Others | 18.3 | 28.4 | 4.9 | 8.9 | -21.4% |
| Total | 320 | 180 | 869 | 208 | -13.4% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Panama in 2022:
- China (17.7K units)
- United States (5.0K units)
- Free Zones (3.7K units)
- Brazil (1.0K units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama
In 2022, shipments abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -31.8% to 2.7K units, falling for the second year in a row after two years of growth. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 203% against the previous year. As a result, the exports attained the peak of 10K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s dropped notably to $11K in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 180% against the previous year. As a result, the exports reached the peak of $39K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | 1.2 | 3.0 | N/A | 1.9 | 16.6% |
| Chile | 0.2 | N/A | 2.6 | 1.7 | 104.1% |
| Trinidad and Tobago | 1.5 | 0.2 | 0.2 | 1.6 | 2.2% |
| Dominican Republic | 0.8 | 5.2 | 5.2 | 1.6 | 26.0% |
| Costa Rica | 0.6 | 24.6 | 2.7 | 1.3 | 29.4% |
| Grenada | 0.1 | 1.2 | 0.8 | 1.3 | 135.1% |
| Barbados | 0.2 | 0.5 | 0.2 | 1.2 | 81.7% |
| Belize | 0.2 | 0.1 | 0.5 | 0.6 | 44.2% |
| Guatemala | 5.6 | 0.8 | 0.2 | N/A | -81.1% |
| Brazil | N/A | N/A | 1.4 | N/A | 0% |
| Others | 3.8 | 3.9 | 3.0 | N/A | -11.1% |
| Total | 14.1 | 39.4 | 16.7 | 11.3 | -7.1% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Panama in 2022:
- Dominican Republic (636.0 units)
- Barbados (457.0 units)
- Costa Rica (435.0 units)
- Grenada (351.0 units)
- Jamaica (249.0 units)
- Belize (237.0 units)
- Trinidad and Tobago (186.0 units)
- Chile (105.0 units)
- Guatemala (7.0 units)
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