Price for Knives with Cutting Blades in Sri Lanka - 2021
Contents:
- Price for Knives with Cutting Blades in Sri Lanka (CIF) - 2022
- Price for Knives with Cutting Blades in Sri Lanka (FOB) - 2022
- Imports of Knives with Cutting Blades in Sri Lanka
- Exports of Knives with Cutting Blades in Sri Lanka
Price for Knives with Cutting Blades in Sri Lanka (CIF) - 2022
In 2022, the average knives with cutting blades import price amounted to $1.5 per unit, surging by 14% against the previous year. In general, the import price showed strong growth. The growth pace was the most rapid in 2015 when the average import price increased by 67% against the previous year. Over the period under review, average import prices hit record highs at $1.9 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4.3 per unit), while the price for India ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in Sri Lanka (FOB) - 2022
The average knives with cutting blades export price stood at $5.9 per unit in 2022, rising by 191% against the previous year. In general, the export price continues to indicate a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 India ($7.3 per unit), while the average price for exports to Papua New Guinea ($0.8 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 Papua New Guinea (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Sri Lanka
In 2022, approx. 236K units of knives with cutting bladeses were imported into Sri Lanka; reducing by -88.4% against the previous year. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 413% against the previous year. As a result, imports reached the peak of 2M units, and then dropped markedly in the following year.
In value terms, knives with cutting blades imports declined remarkably to $347K in 2022. In general, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 335%. As a result, imports attained the peak of $2.6M, and then fell significantly in the following year.
| Import of Knives with Cutting Blades in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 374 | 299 | 1,635 | 183 | -21.2% |
| India | 29.9 | 93.8 | 113 | 18.0 | -15.6% |
| United States | 18.7 | 10.5 | 74.0 | 17.8 | -1.6% |
| Netherlands | 40.4 | 19.8 | 68.4 | 16.3 | -26.1% |
| Thailand | 58.3 | 59.1 | 284 | 13.7 | -38.3% |
| Japan | 28.7 | 11.2 | 96.9 | 13.5 | -22.2% |
| Belgium | 15.9 | 0.1 | 42.1 | 11.7 | -9.7% |
| Italy | 32.1 | 10.3 | 40.4 | 8.2 | -36.5% |
| Others | 140 | 99.2 | 267 | 64.1 | -22.9% |
| Total | 738 | 603 | 2,620 | 347 | -22.2% |
Top Suppliers of Knives with Cutting Blades to Sri Lanka in 2022:
- China (171.4K units)
- India (20.2K units)
- Netherlands (4.9K units)
- Belgium (4.7K units)
- Japan (4.3K units)
- Italy (4.2K units)
- United States (4.2K units)
- Thailand (3.8K units)
Exports of Knives with Cutting Blades in Sri Lanka
In 2022, the amount of knives with cutting bladeses exported from Sri Lanka reduced remarkably to 1.4K units, which is down by -64.3% compared with the year before. In general, exports saw a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. Over the period under review, the exports reached the peak figure at 13K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, knives with cutting blades exports reached $8.3K in 2022. Overall, exports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs at $27K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Knives with Cutting Blades in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | N/A | 0.1 | 4.2 | 247.6% |
| United States | N/A | 1.7 | N/A | 1.1 | -19.6% |
| United Kingdom | N/A | 1.4 | 3.5 | 0.7 | -29.3% |
| Ethiopia | 6.3 | N/A | N/A | 0.7 | -51.9% |
| Maldives | 17.6 | 2.4 | 0.6 | 0.4 | -71.7% |
| Australia | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Seychelles | N/A | N/A | N/A | 0.1 | 0% |
| Netherlands | 1.0 | N/A | N/A | N/A | 0% |
| Papua New Guinea | 0.7 | N/A | N/A | N/A | 0% |
| Oman | 0.6 | N/A | 3.6 | N/A | 144.9% |
| Others | 0.4 | 0.3 | 0.1 | 1.0 | 35.7% |
| Total | 26.8 | 6.3 | 8.0 | 8.3 | -32.3% |
Top Export Markets for Knives with Cutting Blades from Sri Lanka in 2022:
- India (573.0 units)
- Maldives (264.0 units)
- United States (173.0 units)
- United Kingdom (115.0 units)
- Ethiopia (111.0 units)
- Australia (83.0 units)
- Seychelles (39.0 units)
- Papua New Guinea (1.0 units)
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