Price for Knives; with Handles of Base Metal in Kuwait - 2022
Contents:
- Price for Knives; with Handles of Base Metal in Kuwait (CIF) - 2022
- Price for Knives; with Handles of Base Metal in Kuwait (FOB) - 2022
- Imports of Knives; with Handles of Base Metal in Kuwait
- Exports of Knives; with Handles of Base Metal in Kuwait
Price for Knives; with Handles of Base Metal in Kuwait (CIF) - 2022
In 2022, the average import price for knives; with handles of base metals amounted to $0.7 per unit, waning by -7.8% against the previous year. In general, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $1.2 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
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 the UK ($4.2 per unit), while the price for the United Arab Emirates ($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 Taiwan (Chinese) (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives; with Handles of Base Metal in Kuwait (FOB) - 2022
The average export price for knives; with handles of base metals stood at $0.3 per unit in 2022, rising by 39% against the previous year. Overall, the export price saw a measured increase. The growth pace was the most rapid in 2015 when the average export price increased by 191% against the previous year. As a result, the export price reached the peak level of $0.4 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +46.9% per year.
Imports of Knives; with Handles of Base Metal in Kuwait
In 2022, overseas purchases of knives; with handles of base metals decreased by -71.7% to 36K units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 142%. As a result, imports attained the peak of 126K units, and then reduced markedly in the following year.
In value terms, imports of knives; with handles of base metals declined significantly to $25K in 2022. Over the period under review, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 142%. As a result, imports reached the peak of $95K, and then contracted notably in the following year.
| Import of Knives; with Handles of Base Metal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 11.3 | 14.9 | 19.6 | 11.5 | 0.6% |
| China | 14.6 | 2.0 | 30.7 | 3.0 | -41.0% |
| United Kingdom | 0.5 | 0.4 | 5.4 | 2.7 | 75.4% |
| Italy | 5.2 | 6.0 | 6.8 | 2.1 | -26.1% |
| Pakistan | 1.1 | 1.4 | 2.1 | 1.0 | -3.1% |
| Mexico | 0.6 | 0.6 | 0.7 | 0.4 | -12.6% |
| United Arab Emirates | 0.4 | 0.4 | 0.8 | 0.3 | -9.1% |
| Turkey | 0.6 | 8.7 | 18.8 | 0.1 | -45.0% |
| Others | 13.9 | 4.6 | 9.6 | 3.5 | -36.9% |
| Total | 48.3 | 39.0 | 94.5 | 24.7 | -20.0% |
Top Suppliers of Knives; with Handles of Base Metal to Kuwait in 2022:
- Philippines (13.1K units)
- China (9.5K units)
- Pakistan (4.1K units)
- Italy (3.4K units)
- United Arab Emirates (2.7K units)
- Mexico (0.6K units)
- United Kingdom (0.6K units)
- Turkey (0.1K units)
Exports of Knives; with Handles of Base Metal in Kuwait
In 2022, approx. 38K units of knives; with handles of base metals were exported from Kuwait; picking up by 266% on the previous year's figure. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 2,164%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of knives; with handles of base metals skyrocketed to $13K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 3,124%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Knives; with Handles of Base Metal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 1.3 | 2.6 | 13.2 | 218.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 1.3 | 2.6 | 13.2 | 218.7% |
Top Export Markets for Knives; with Handles of Base Metal from Kuwait in 2022:
- United Arab Emirates (37.8K units)
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