Price for Knives; with Handles of Base Metal in Saudi Arabia - 2022

Contents:

  1. Price for Knives; with Handles of Base Metal in Saudi Arabia (FOB) - 2022
  2. Exports of Knives; with Handles of Base Metal in Saudi Arabia

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

In 2021, the average export price for knives; with handles of base metals amounted to $0.2 per unit, dropping by -35% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 93% against the previous year. Over the period under review, the average export prices hit record highs at $1.4 per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($0.8 per unit), while the average price for exports to Yemen amounted to $0.2 per unit.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-8.8%).

Exports of Knives; with Handles of Base Metal in Saudi Arabia

After three years of growth, shipments abroad of knives; with handles of base metals decreased by -90.7% to 45K units in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,137% against the previous year. The exports peaked at 481K units in 2021, and then contracted sharply in the following year.

In value terms, exports of knives; with handles of base metals shrank sharply to $11K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,537%. Over the period under review, the exports of attained the maximum at $117K in 2021, and then reduced sharply in the following year.

Export of Knives; with Handles of Base Metal in Saudi Arabia (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Yemen62.899.358.1%
Others-33.917.5-151.6%
Total28.9117304.8%

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

  1. Yemen (499.6K units)

Source: IndexBox Market Intelligence Platform

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