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

Contents:

  1. Price for Knives; with Handles of Base Metal in Japan (CIF) - 2023
  2. Price for Knives; with Handles of Base Metal in Japan (FOB) - 2022
  3. Imports of Knives; with Handles of Base Metal in Japan
  4. Exports of Knives; with Handles of Base Metal in Japan

Price for Knives; with Handles of Base Metal in Japan (CIF) - 2023

In November 2023, the average import price for knives; with handles of base metals amounted to $4.0 per unit, falling by -3.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 17% against the previous month. As a result, import price attained the peak level of $4.5 per unit. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($4.0 per unit), while the price for Vietnam amounted to $3.7 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.2%).

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

In 2022, the average export price for knives; with handles of base metals amounted to $6 per unit, with an increase of 25% against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 34% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($17 per unit), while the average price for exports to China ($3 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 (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knives; with Handles of Base Metal in Japan

In 2022, the amount of knives; with handles of base metals imported into Japan rose markedly to 726K units, surging by 9.4% compared with 2021. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% 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 expanded sharply to $2.5M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Knives; with Handles of Base Metal in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6311,5492,0902,28411.9%
Vietnam17.035.411012493.9%
Others34.044.842.048.312.4%
Total1,6821,6292,2422,45513.4%

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

  1. China (685.1K units)
  2. Vietnam (35.9K units)

Exports of Knives; with Handles of Base Metal in Japan

In 2022, approx. 52K units of knives; with handles of base metals were exported from Japan; dropping by -15.2% against the previous year's figure. Over the period under review, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 104% against the previous year. As a result, the exports attained the peak of 62K units, and then contracted rapidly in the following year.

In value terms, exports of knives; with handles of base metals expanded sharply to $314K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 146%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Knives; with Handles of Base Metal in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom27.620.060.810053.6%
China70.351.313187.47.5%
IndiaN/AN/AN/A44.40%
Vietnam29.337.875.535.66.7%
Germany2.7N/AN/A11.361.2%
Others8.811.829.935.258.7%
Total13912129731431.2%

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

  1. China (28.7K units)
  2. Vietnam (7.9K units)
  3. India (7.2K units)
  4. United Kingdom (6.0K units)
  5. Germany (1.0K units)

Source: IndexBox Market Intelligence Platform

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