Price for Knives with Cutting Blades in Vietnam - 2022
Contents:
- Price for Knives with Cutting Blades in Vietnam (FOB) - 2022
- Price for Knives with Cutting Blades in Vietnam (CIF) - 2022
- Exports of Knives with Cutting Blades in Vietnam
- Imports of Knives with Cutting Blades in Vietnam
Price for Knives with Cutting Blades in Vietnam (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $2.8 per unit, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2017 an increase of 22%. Over the period under review, the average export prices hit record highs at $3.4 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +7.1% per year.
Price for Knives with Cutting Blades in Vietnam (CIF) - 2022
The average knives with cutting blades import price stood at $2.2 per unit in 2022, increasing by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23%. As a result, import price reached the peak level of $2.3 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5.4 per unit), while the price for China totaled $2.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Knives with Cutting Blades in Vietnam
Knives with cutting blades exports from Vietnam reduced rapidly to 12M units in 2022, waning by -25.8% compared with 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 101% against the previous year. As a result, the exports reached the peak of 16M units, and then shrank dramatically in the following year.
In value terms, knives with cutting blades exports contracted markedly to $33M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $40M, and then contracted markedly in the following year.
| Export of Knives with Cutting Blades in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | N/A | 33.3 | 0% |
| Spain | 0.8 | 0.5 | 0.3 | N/A | -38.8% |
| Russia | 0.8 | 0.4 | 0.4 | N/A | -29.3% |
| Japan | 3.7 | 3.8 | 4.4 | N/A | 9.0% |
| Belgium | 1.5 | 1.0 | 0.9 | N/A | -22.5% |
| Germany | 8.0 | 5.4 | 5.4 | N/A | -17.8% |
| United Kingdom | 2.0 | 0.9 | 1.4 | N/A | -16.3% |
| France | 1.0 | 0.6 | 0.8 | N/A | -10.6% |
| United Arab Emirates | 0.9 | 0.2 | 0.5 | N/A | -25.5% |
| Italy | 2.6 | 1.3 | 1.3 | N/A | -29.3% |
| Netherlands | 0.8 | 0.6 | 0.8 | N/A | 0.0% |
| United States | 5.3 | 8.8 | 20.7 | N/A | 97.6% |
| Canada | 0.6 | 0.5 | 0.8 | N/A | 15.5% |
| Others | 3.8 | 2.4 | 2.5 | N/A | -18.9% |
| Total | 32.0 | 26.5 | 40.2 | 33.3 | 1.3% |
Top Export Markets for Knives with Cutting Blades from Vietnam in 2022:
- Myanmar (11.7M units)
Imports of Knives with Cutting Blades in Vietnam
In 2022, the amount of knives with cutting bladeses imported into Vietnam declined to 4.1M units, which is down by -8.2% against the year before. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. Imports peaked at 5.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, knives with cutting blades imports declined to $9.2M in 2022. Overall, imports saw a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by 14%. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Knives with Cutting Blades in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 6.9 | 8.1 | 8.2 | 7.5% |
| Japan | 0.7 | 0.3 | 0.2 | 0.4 | -17.0% |
| Thailand | 1.1 | 0.5 | 0.4 | N/A | -39.7% |
| Taiwan (Chinese) | 0.5 | 0.2 | 0.3 | N/A | -22.5% |
| Others | 1.3 | 0.7 | 0.9 | 0.6 | -22.7% |
| Total | 10.1 | 8.6 | 9.8 | 9.2 | -3.1% |
Top Suppliers of Knives with Cutting Blades to Vietnam in 2022:
- China (4.0M units)
- Japan (0.1M units)
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