Price for Knives with Cutting Blades in Singapore - 2022
Contents:
- Price for Knives with Cutting Blades in Singapore (CIF) - 2022
- Price for Knives with Cutting Blades in Singapore (FOB) - 2022
- Imports of Knives with Cutting Blades in Singapore
- Exports of Knives with Cutting Blades in Singapore
Price for Knives with Cutting Blades in Singapore (CIF) - 2022
The average knives with cutting blades import price stood at $2.7 per unit in 2022, with an increase of 16% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($4.6 per unit), while the price for Malaysia ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in Singapore (FOB) - 2022
The average knives with cutting blades export price stood at $4.8 per unit in 2022, picking up by 9.6% against the previous year. In general, the export price saw resilient growth. The pace of growth was the most pronounced in 2016 an increase of 30% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($7.9 per unit), while the average price for exports to China ($2.1 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 Indonesia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Singapore
Knives with cutting blades imports into Singapore skyrocketed to 5.3M units in 2022, jumping by 51% compared with the previous year. Over the period under review, imports, however, recorded a mild descent. Over the period under review, imports hit record highs at 5.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, knives with cutting blades imports surged to $14M in 2022. Overall, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Knives with Cutting Blades in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 2.0 | 2.2 | 4.8 | -2.6% |
| Japan | 0.7 | 0.7 | 1.1 | 1.6 | 31.7% |
| Switzerland | 0.7 | 0.7 | 1.0 | 1.6 | 31.7% |
| Germany | 1.1 | 0.7 | 0.8 | 1.3 | 5.7% |
| United States | 0.6 | 0.5 | 0.7 | 1.1 | 22.4% |
| Malaysia | 0.2 | 0.3 | 0.6 | 1.0 | 71.0% |
| France | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | 1.4 | 1.1 | 1.5 | 2.6 | 22.9% |
| Total | 9.9 | 6.2 | 8.1 | 14.2 | 12.8% |
Top Suppliers of Knives with Cutting Blades to Singapore in 2022:
- China (1299.9K units)
- Japan (848.4K units)
- Germany (636.3K units)
- Switzerland (552.3K units)
- Malaysia (533.0K units)
- United States (450.4K units)
- France (143.4K units)
Exports of Knives with Cutting Blades in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of knives with cutting bladeses, which increased by 71% to 1.5M units in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, knives with cutting blades exports soared to $7M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Knives with Cutting Blades in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 648 | 799 | 1,117 | 2,031 | 46.3% |
| Malaysia | 664 | 527 | 565 | 1,038 | 16.1% |
| Philippines | 163 | 484 | 319 | 580 | 52.7% |
| Hong Kong SAR | 15.4 | 105 | 300 | 546 | 228.5% |
| Japan | 67.5 | 87.9 | 269 | 489 | 93.5% |
| China | 218 | 316 | 185 | 423 | 24.7% |
| United States | 313 | 38.3 | 138 | 292 | -2.3% |
| Thailand | 137 | 160 | 130 | 251 | 22.4% |
| Israel | 0.8 | 22.7 | 120 | 217 | 547.3% |
| Turkey | 4.8 | 79.8 | 110 | 201 | 247.3% |
| Vietnam | 105 | 73.8 | 83.8 | 156 | 14.1% |
| Others | 354 | 368 | 391 | 757 | 28.8% |
| Total | 2,689 | 3,061 | 3,727 | 6,982 | 37.4% |
Top Export Markets for Knives with Cutting Blades from Singapore in 2022:
- Indonesia (257.1K units)
- China (199.0K units)
- Hong Kong SAR (190.2K units)
- Malaysia (181.3K units)
- Philippines (140.2K units)
- Japan (82.6K units)
- Israel (55.5K units)
- United States (53.1K units)
- Thailand (52.1K units)
- Turkey (51.5K units)
- Vietnam (51.1K units)
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