Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States - 2024
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States (CIF) - 2024
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States (CIF) - 2024
In February 2024, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $2.0 per unit, increasing by 21% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 66% against the previous month. As a result, import price attained the peak level of $3.4 per unit. From April 2023 to February 2024, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2023 to February 2024, the rate of growth in terms of prices for China amounted to +0.6% per month.
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States (FOB) - 2022
In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $41 per unit, growing by 29% against the previous year. In general, the export price showed buoyant growth. The growth pace was the most rapid in 2015 an increase of 39%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($175 per unit), while the average price for exports to Chile ($11 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 South Korea (+23.0%), 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 United States
For the fourth consecutive year, the United States recorded growth in overseas purchases of knives with cutting blades, serrated or not (including pruning knives)s, which increased by 40% to 65M units in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 154% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s reduced rapidly to $179M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. Imports peaked at $220M in 2021, and then fell notably in the following year.
| Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 184 | 208 | 159 | 10.5% |
| Others | 4.3 | 4.7 | 11.9 | 19.7 | 66.1% |
| Total | 122 | 189 | 220 | 179 | 13.6% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to the United States in 2022:
- China (64.7M units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States
In 2022, approx. 162K units of knives with cutting blades, serrated or not (including pruning knives)s were exported from the United States; with a decrease of -41.9% on 2021. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports attained the peak of 279K units, and then dropped dramatically in the following year.
In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s contracted rapidly to $6.7M in 2022. In general, exports showed a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $8.9M, and then declined remarkably in the following year.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3,781 | 4,415 | 4,728 | 3,965 | 1.6% |
| Panama | 3.2 | 31.7 | 19.2 | 1,054 | 590.6% |
| Mexico | 1,126 | 1,045 | 2,251 | 570 | -20.3% |
| Colombia | 65.4 | 98.6 | 91.8 | 143 | 29.8% |
| United Kingdom | 75.3 | 28.9 | 53.0 | 110 | 13.5% |
| China | 139 | 21.2 | 918 | 94.6 | -12.0% |
| Chile | 76.0 | 50.2 | 81.7 | 45.9 | -15.5% |
| Netherlands | 197 | 267 | 51.7 | 23.2 | -51.0% |
| South Korea | 417 | 239 | N/A | 4.7 | -77.6% |
| Finland | 7.3 | 201 | 73.8 | N/A | 218.0% |
| Others | 1,153 | 759 | 679 | 711 | -14.9% |
| Total | 7,040 | 7,156 | 8,946 | 6,721 | -1.5% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from the United States in 2022:
- Canada (65.5K units)
- Mexico (38.0K units)
- Panama (13.9K units)
- Colombia (8.3K units)
- United Kingdom (8.0K units)
- Chile (4.3K units)
- China (4.0K units)
- Netherlands (1.7K units)
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