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

Contents:

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

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

The average export price for knives; with handles of base metals stood at $0.7 per unit in 2022, dropping by -54.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 407% against the previous year. As a result, the export price attained the peak level of $1.6 per unit, and then contracted rapidly in the following year.

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 the UK ($2 per unit), while the average price for exports to South Africa ($0.2 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 Saudi Arabia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for knives; with handles of base metals amounted to $2.8 per unit, reducing by -31% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 102%. As a result, import price attained the peak level of $4.1 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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 Vietnam ($4.1 per unit), while the price for Spain ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Knives; with Handles of Base Metal in Italy

In 2022, overseas shipments of knives; with handles of base metals increased by 310% to 969K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at 983K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of knives; with handles of base metals soared to $700K in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 315%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Knives; with Handles of Base Metal in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia76.432.64.029456.7%
United States60.87.713883.211.0%
South Africa52.911.5N/A81.115.3%
Spain15.113.115.064.161.9%
Poland6.46.39.77.86.8%
LibyaN/AN/A43.7N/A0%
Angola27.6N/AN/AN/A0%
Others70.019.216417034.4%
Total30990.237470031.3%

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

  1. Saudi Arabia (440.0K units)
  2. South Africa (400.9K units)
  3. Spain (51.6K units)
  4. Poland (13.4K units)
  5. United States (8.4K units)

Imports of Knives; with Handles of Base Metal in Italy

In 2022, imports of knives; with handles of base metals into Italy soared to 151K units, jumping by 136% on the year before. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of knives; with handles of base metals skyrocketed to $424K in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 267%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Knives; with Handles of Base Metal in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.292.2225345125.2%
LithuaniaN/AN/AN/A22.70%
Belgium0.778.50.721.7214.1%
DenmarkN/AN/AN/A8.20%
Vietnam10.19.1N/A6.0-15.9%
NetherlandsN/A0.18.01.1231.7%
United Kingdom0.816.19.9N/A251.8%
Others17.722.616.019.83.8%
Total59.621926042492.3%

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

  1. China (125.3K units)
  2. Lithuania (8.3K units)
  3. Belgium (7.2K units)
  4. Denmark (4.8K units)
  5. Vietnam (1.5K units)
  6. Netherlands (0.7K units)

Source: IndexBox Market Intelligence Platform

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