Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK - 2024
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK (CIF) - 2024
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK (CIF) - 2024
The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $9.9 per unit in January 2024, surging by 5.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 27% against the previous month. The import price peaked at $11.4 per unit in April 2023; however, from May 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to +1.0% per month.
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK (FOB) - 2022
The average export price for knives with cutting blades, serrated or not (including pruning knives)s stood at $19 per unit in 2022, jumping by 54% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for knives with cutting blades, serrated or not (including pruning knives)s increased by +82.3% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($85 per unit), while the average price for exports to Portugal ($3.8 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 Spain (+14.7%), 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 the UK
In 2022, purchases abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -22.6% to 1.8M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 2.3M units, and then dropped rapidly in the following year.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s dropped to $18M in 2022. The total import value increased at an average annual rate of +6.2% 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 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $20M, and then declined in the following year.
| Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.3 | 11.7 | 17.2 | 14.9 | 13.1% |
| Germany | 2.0 | 2.1 | 0.8 | 1.0 | -20.6% |
| Others | 2.8 | 2.3 | 1.7 | 2.2 | -7.7% |
| Total | 15.1 | 16.1 | 19.7 | 18.1 | 6.2% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to the UK in 2022:
- China (1674.9K units)
- Germany (32.7K units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK
In 2022, exports of knives with cutting blades, serrated or not (including pruning knives)s from the UK reduced notably to 111K units, waning by -51.3% compared with the previous year's figure. Over the period under review, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of 229K units, and then fell sharply in the following year.
In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s declined sharply to $2.1M in 2022. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of $2.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 403 | 617 | 779 | 542 | 10.4% |
| United States | 320 | 366 | 179 | 347 | 2.7% |
| Netherlands | 119 | 65.9 | 239 | 156 | 9.4% |
| Nigeria | 43.3 | 2.0 | 25.4 | 133 | 45.4% |
| Ghana | N/A | 2.8 | 7.2 | 128 | 576.1% |
| Australia | 75.5 | 83.5 | 271 | 91.3 | 6.5% |
| India | 17.8 | 13.3 | N/A | 87.2 | 69.8% |
| France | 215 | 171 | 156 | 85.4 | -26.5% |
| Iceland | 130 | 83.7 | 93.1 | 51.5 | -26.6% |
| Germany | 181 | 475 | 65.5 | 50.7 | -34.6% |
| Spain | 139 | 102 | 125 | 28.6 | -41.0% |
| Portugal | 12.8 | 8.4 | 35.6 | 10.2 | -7.3% |
| Poland | 113 | 197 | 28.7 | 6.3 | -61.8% |
| Others | 757 | 696 | 780 | 373 | -21.0% |
| Total | 2,525 | 2,883 | 2,784 | 2,091 | -6.1% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from the UK in 2022:
- Ireland (41.7K units)
- Nigeria (13.1K units)
- Netherlands (13.0K units)
- India (10.4K units)
- France (5.0K units)
- United States (4.1K units)
- Germany (4.0K units)
- Ghana (3.9K units)
- Portugal (2.7K units)
- Iceland (2.1K units)
- Australia (1.6K units)
- Spain (0.6K units)
- Poland (0.3K units)
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