Price for Knives with Cutting Blades in the Philippines - 2023
Contents:
- Price for Knives with Cutting Blades in the Philippines (CIF) - 2022
- Price for Knives with Cutting Blades in the Philippines (FOB) - 2022
- Imports of Knives with Cutting Blades in the Philippines
- Exports of Knives with Cutting Blades in the Philippines
Price for Knives with Cutting Blades in the Philippines (CIF) - 2022
The average knives with cutting blades import price stood at $2 per unit in 2022, shrinking by -12.3% against the previous year. Over the period under review, the import price, however, enjoyed a significant increase. The growth pace was the most rapid in 2019 when the average import price increased by 146%. The import price peaked at $2.2 per unit in 2021, and then contracted in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($2.3 per unit) and Germany ($2.2 per unit), while the price for Malaysia ($1.6 per unit) and Taiwan (Chinese) ($1.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+48.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in the Philippines (FOB) - 2022
The average knives with cutting blades export price stood at $5.8 per unit in 2022, rising by 64% against the previous year. Over the period under review, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 137%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
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 Indonesia ($6.1 per unit), while the average price for exports to Guam ($3.5 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 Samoa (+452.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in the Philippines
In 2022, approx. 3.6M units of knives with cutting bladeses were imported into the Philippines; rising by 23% against 2021. Overall, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Over the period under review, imports attained the peak figure at 5.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, knives with cutting blades imports rose notably to $7.2M in 2022. In general, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked at $7.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Knives with Cutting Blades in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5,526 | 2,133 | 2,357 | 2,903 | -19.3% |
| Malaysia | 252 | 272 | 2,119 | 2,153 | 104.4% |
| Japan | 903 | 779 | 865 | 1,020 | 4.1% |
| United States | 213 | 131 | 194 | 227 | 2.1% |
| Germany | 109 | 76.1 | 220 | 176 | 17.3% |
| Singapore | 97.9 | 165 | 178 | 172 | 20.7% |
| Taiwan (Chinese) | 167 | 232 | 106 | 108 | -13.5% |
| Others | 566 | 349 | 619 | 424 | -9.2% |
| Total | 7,834 | 4,138 | 6,657 | 7,183 | -2.9% |
Top Suppliers of Knives with Cutting Blades to the Philippines in 2022:
- Malaysia (1312.6K units)
- China (1262.2K units)
- Japan (524.5K units)
- United States (121.3K units)
- Singapore (79.8K units)
- Germany (79.8K units)
- Taiwan (Chinese) (60.8K units)
Exports of Knives with Cutting Blades in the Philippines
In 2022, shipments abroad of knives with cutting bladeses increased by 38% to 4.8K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous slump. The exports peaked at 114K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, knives with cutting blades exports soared to $28K in 2022. In general, exports, however, showed a precipitous shrinkage. The exports peaked at $391K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Knives with Cutting Blades in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 6.8 | N/A | 4.0 | 25.9 | 56.2% |
| Guam | N/A | N/A | 0.5 | 1.2 | 140.0% |
| Palau | N/A | N/A | N/A | 0.4 | 0% |
| Fiji | 25.8 | 43.5 | 0.2 | 0.2 | -80.2% |
| Japan | 54.4 | 0.7 | 1.5 | N/A | -83.4% |
| American Samoa | 242 | 244 | 0.2 | N/A | -97.1% |
| Taiwan (Chinese) | N/A | 18.3 | N/A | N/A | 0% |
| Others | 61.6 | 33.3 | 6.1 | 0.4 | -81.3% |
| Total | 391 | 340 | 12.4 | 28.2 | -58.4% |
Top Export Markets for Knives with Cutting Blades from the Philippines in 2022:
- Indonesia (4231.0 units)
- Guam (354.0 units)
- Palau (76.0 units)
- Fiji (66.0 units)
554
This report provides an in-depth analysis of the knife and scissors market in the Philippines.
363
This report provides an in-depth analysis of the clasp knife market in the Philippines.
306
This report provides an in-depth analysis of the table knife market in the Philippines.
347
This report provides an in-depth analysis of the printed label market in the Philippines.
363
This report provides an in-depth analysis of the self-adhesive label market in the Philippines.
605
This report provides an in-depth analysis of the self-adhesive printed label market in the Philippines.
2124
This report provides an in-depth analysis of the global knife and scissors market.
603
This report provides an in-depth analysis of the global clasp knife market.
1321
This report provides an in-depth analysis of the global table knife market.
424
Global Printed Label Market Report 2018. This report provides an in-depth analysis of the global printed label market.
293
Explore the top import markets for knife and scissors worldwide, including key statistics and insights. Discover the largest importers of these cutting tools such as United States, Germany, Netherlands, and more.
2565
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...
3275
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...
709
In value terms, frames with clasps imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated som...
621
In value terms, frames with clasps exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
293
Explore the top import markets for knife and scissors worldwide, including key statistics and insights. Discover the largest importers of these cutting tools such as United States, Germany, Netherlands, and more.
2565
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...
3275
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...
709
In value terms, frames with clasps imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated som...
621
In value terms, frames with clasps exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
