Price for Knives; with Handles of Base Metal in India - 2023

Contents:

  1. Price for Knives; with Handles of Base Metal in India (CIF) - 2022
  2. Price for Knives; with Handles of Base Metal in India (FOB) - 2022
  3. Imports of Knives; with Handles of Base Metal in India
  4. Exports of Knives; with Handles of Base Metal in India

Price for Knives; with Handles of Base Metal in India (CIF) - 2022

The average import price for knives; with handles of base metals stood at $0.3 per unit in 2022, waning by -18% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. As a result, import price reached the peak level of $1.5 per unit. From 2016 to 2022, the average 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 Italy ($1.2 per unit), while the price for Turkey (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knives; with Handles of Base Metal in India (FOB) - 2022

The average export price for knives; with handles of base metals stood at $0.3 per unit in 2022, falling by -48% against the previous year. In general, the export price, however, saw a moderate increase. The growth pace was the most rapid in 2015 an increase of 112%. Over the period under review, the average export prices attained the maximum at $0.5 per unit in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($1.2 per unit), while the average price for exports to Democratic Republic of the Congo (less than $0.1 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 Syrian Arab Republic (+114.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives; with Handles of Base Metal in India

In 2022, imports of knives; with handles of base metals into India surged to 357K units, rising by 82% on the previous year's figure. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 180% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of knives; with handles of base metals surged to $92K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 108%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Knives; with Handles of Base Metal in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.420.343.774.929.6%
United Kingdom2.6N/A11.111.463.7%
TurkeyN/AN/AN/A3.60%
Others12.69.26.62.0-45.9%
Total49.529.561.592.022.9%

Top Suppliers of Knives; with Handles of Base Metal to India in 2022:

  1. China (260.1K units)
  2. Turkey (80.3K units)
  3. United Kingdom (11.0K units)

Exports of Knives; with Handles of Base Metal in India

After three years of growth, shipments abroad of knives; with handles of base metals decreased by -37.3% to 113K units in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 332% against the previous year. Over the period under review, the exports of hit record highs at 181K units in 2021, and then shrank significantly in the following year.

In value terms, exports of knives; with handles of base metals contracted sharply to $29K in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 277% against the previous year. The exports peaked at $89K in 2021, and then reduced rapidly in the following year.

Export of Knives; with Handles of Base Metal in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A14.236.013.4-2.9%
Nepal0.81.40.69.5128.1%
Bangladesh0.9N/AN/A2.030.5%
United Kingdom3.62.10.41.3-28.8%
Sri LankaN/AN/A6.80.1-98.5%
RwandaN/A24.541.0N/A67.3%
Democratic Republic of the CongoN/AN/AN/AN/A0%
Others6.73.13.82.5-28.0%
Total12.045.288.628.833.9%

Top Export Markets for Knives; with Handles of Base Metal from India in 2022:

  1. Nepal (69.8K units)
  2. Bangladesh (25.6K units)
  3. Saudi Arabia (10.8K units)
  4. United Kingdom (2.2K units)
  5. Democratic Republic of the Congo (2.0K units)
  6. Sri Lanka (0.3K units)

Source: IndexBox Market Intelligence Platform

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