Price for Knives; with Handles of Base Metal in Indonesia - 2022
Contents:
- Price for Knives; with Handles of Base Metal in Indonesia (CIF) - 2022
- Price for Knives; with Handles of Base Metal in Indonesia (FOB) - 2022
- Imports of Knives; with Handles of Base Metal in Indonesia
- Exports of Knives; with Handles of Base Metal in Indonesia
Price for Knives; with Handles of Base Metal in Indonesia (CIF) - 2022
In March 2022, the average import price for knives; with handles of base metals amounted to $504 per thousand units, rising by 49% against the previous month. In general, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 169% m-o-m. As a result, import price attained the peak level of $1.4 per unit. From August 2021 to March 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2.3 per unit), while the price for Singapore ($370 per thousand units) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives; with Handles of Base Metal in Indonesia (FOB) - 2022
In 2022, the average export price for knives; with handles of base metals amounted to $0.5 per unit, falling by -36.7% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth was the most pronounced in 2020 an increase of 13%. The export price peaked at $2.8 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1.8 per unit), while the average price for exports to Mozambique ($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 Germany (-3.6%), while the prices for the other major destinations experienced a decline.
Imports of Knives; with Handles of Base Metal in Indonesia
In 2022, overseas purchases of knives; with handles of base metals decreased by -16.4% to 2M units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 2.4M units, and then contracted remarkably in the following year.
In value terms, imports of knives; with handles of base metals rose sharply to $1.3M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 46%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Knives; with Handles of Base Metal in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 393 | 651 | 904 | 993 | 36.2% |
| Singapore | 121 | 49.4 | 66.3 | 123 | 0.5% |
| Others | 188 | 118 | 223 | 188 | 0.0% |
| Total | 703 | 818 | 1,193 | 1,304 | 22.9% |
Top Suppliers of Knives; with Handles of Base Metal to Indonesia in 2022:
- China (1757.1K units)
- Singapore (205.0K units)
Exports of Knives; with Handles of Base Metal in Indonesia
In 2022, exports of knives; with handles of base metals from Indonesia contracted markedly to 6.9K units, which is down by -94.7% against the year before. Over the period under review, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 602%. As a result, the exports reached the peak of 131K units, and then reduced sharply in the following year.
In value terms, exports of knives; with handles of base metals shrank rapidly to $3.4K in 2022. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 562% against the previous year. As a result, the exports attained the peak of $103K, and then declined significantly in the following year.
| Export of Knives; with Handles of Base Metal in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 3.6 | 13.8 | 2.4 | -18.4% |
| Germany | 11.4 | 2.8 | 9.6 | 0.7 | -60.5% |
| United Kingdom | N/A | 7.7 | N/A | 0.3 | -80.3% |
| Fiji | N/A | N/A | 0.2 | N/A | 0% |
| Mozambique | N/A | N/A | N/A | N/A | 0% |
| Timor-Leste | 8.6 | 1.0 | 0.9 | N/A | -67.7% |
| Poland | N/A | N/A | 0.6 | N/A | 0% |
| Others | 2.2 | 0.4 | 77.9 | N/A | 495.1% |
| Total | 22.2 | 15.6 | 103 | 3.4 | -46.5% |
Top Export Markets for Knives; with Handles of Base Metal from Indonesia in 2022:
- United States (5.8K units)
- Germany (0.4K units)
- United Kingdom (0.4K units)
- Mozambique (0.2K units)
- Timor-Leste (0.1K units)
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