Price for Knives; with Handles of Base Metal in Panama - 2024

Contents:

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

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

In 2022, the average import price for knives; with handles of base metals amounted to $0.9 per unit, picking up by 31% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,194% against the previous year. As a result, import price attained the peak level of $4.9 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.2 per unit), while the price for Turkey ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for knives; with handles of base metals amounted to $0.3 per unit, with a decrease of -17.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 105% against the previous year. As a result, the export price attained the peak level of $0.5 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($0.7 per unit), while the average price for exports to Guyana ($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 Suriname (+50.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives; with Handles of Base Metal in Panama

Imports of knives; with handles of base metals into Panama declined dramatically to 86K units in 2022, which is down by -42.6% against the previous year's figure. Over the period under review, imports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. Over the period under review, imports of hit record highs at 1.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of knives; with handles of base metals declined rapidly to $80K in 2022. Overall, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked at $1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Knives; with Handles of Base Metal in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.012.335.851.742.1%
China99231.644.617.4-74.0%
Free Zones8.25.21.72.5-32.7%
TurkeyN/AN/AN/A0.70%
Others22.129.123.87.6-29.9%
Total1,04078.210679.9-57.5%

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

  1. United States (44.2K units)
  2. China (34.2K units)
  3. Free Zones (4.2K units)
  4. Turkey (1.4K units)

Exports of Knives; with Handles of Base Metal in Panama

In 2022, approx. 6.4K units of knives; with handles of base metals were exported from Panama; remaining stable against 2021 figures. Overall, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 27%. The exports peaked at 14K 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 reduced dramatically to $1.8K in 2022. In general, exports recorded a dramatic decrease. The smallest decline of -3.8% was in 2021. The exports peaked at $5.3K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Knives; with Handles of Base Metal in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Grenada1,0385281491,1754.2%
Guyana65.017962341785.8%
UruguayN/AN/AN/A1900%
Antigua and BarbudaN/A76.0N/A56.0-14.2%
Dominican RepublicN/A1,210N/AN/A0%
Trinidad and Tobago2,99767.090.0N/A-82.7%
BelizeN/A129684N/A430.2%
Jamaica1,16980.0232N/A-55.5%
OthersN/A87.0488N/A460.9%
Total5,2692,3562,2661,838-29.6%

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

  1. Guyana (3.2K units)
  2. Grenada (2.7K units)
  3. Uruguay (0.3K units)
  4. Antigua and Barbuda (0.2K units)

Source: IndexBox Market Intelligence Platform

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