Price for Knives with Cutting Blades in the Dominican Republic - 2023

Contents:

  1. Price for Knives with Cutting Blades in the Dominican Republic (CIF) - 2022
  2. Price for Knives with Cutting Blades in the Dominican Republic (FOB) - 2022
  3. Imports of Knives with Cutting Blades in the Dominican Republic
  4. Exports of Knives with Cutting Blades in the Dominican Republic

Price for Knives with Cutting Blades in the Dominican Republic (CIF) - 2022

In 2022, the average knives with cutting blades import price amounted to $0.8 per unit, with a decrease of -10% against the previous year. In general, the import price faced a precipitous shrinkage. The growth pace was the most rapid in 2013 when the average import price decreased by -2.5% against the previous year. The import price peaked at $45 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($2.9 per unit), while the price for China ($0.6 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 States (-22.3%), while the prices for the other major suppliers experienced a decline.

Price for Knives with Cutting Blades in the Dominican Republic (FOB) - 2022

In 2022, the average knives with cutting blades export price amounted to $2.1 per unit, rising by 108% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 254% against the previous year. The export price peaked at $2.2 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Haiti ($4.2 per unit), while the average price for exports to Turks and Caicos Islands ($0.4 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 Uruguay (+42.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives with Cutting Blades in the Dominican Republic

For the fourth consecutive year, the Dominican Republic recorded growth in supplies from abroad of knives with cutting bladeses, which increased by 138% to 8.4M units in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, knives with cutting blades imports surged to $6.6M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Knives with Cutting Blades in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3731,2141,9123,97842.6%
United States19329846690067.1%
Brazil2741791853619.6%
Spain23996.11902754.8%
Mexico82.790.811318731.3%
Others32920821289939.8%
Total2,4912,0863,0776,59938.4%

Top Suppliers of Knives with Cutting Blades to the Dominican Republic in 2022:

  1. China (7.1M units)
  2. Brazil (0.4M units)
  3. United States (0.3M units)
  4. Mexico (0.2M units)
  5. Spain (0.2M units)

Exports of Knives with Cutting Blades in the Dominican Republic

In 2022, approx. 13K units of knives with cutting bladeses were exported from the Dominican Republic; dropping by -66% on the previous year. Over the period under review, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. The exports peaked at 44K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, knives with cutting blades exports contracted significantly to $28K in 2022. In general, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. The exports peaked at $96K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Knives with Cutting Blades in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba0.70.1N/A12.2159.3%
United States37.18.721.210.6-34.1%
Haiti13.317.613.24.2-31.9%
FranceN/AN/AN/A0.20%
Turks and Caicos IslandsN/AN/A0.10.10.0%
BelgiumN/AN/A0.4N/A0%
Mexico2.9N/A0.5N/A-58.5%
Philippines40.6N/AN/AN/A0%
Others1.23.54.40.9-9.1%
Total96.029.839.928.2-33.5%

Top Export Markets for Knives with Cutting Blades from the Dominican Republic in 2022:

  1. United States (7.1K units)
  2. Cuba (4.1K units)
  3. Haiti (1.0K units)
  4. France (0.5K units)
  5. Turks and Caicos Islands (0.3K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Knives; with cutting blades, serrated or not (including pruning knives), other than knives of heading no. 8208, and blades therefor - Dominican Republic