Price for Knives; with Handles of Base Metal in the Dominican Republic - 2023

Contents:

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

Price for Knives; with Handles of Base Metal in the Dominican Republic (CIF) - 2022

The average import price for knives; with handles of base metals stood at $2.2 per unit in 2022, declining by -32.1% against the previous year. Over the period under review, the import price, however, posted slight growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 58%. The import price peaked at $3.2 per unit in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2.7 per unit), while the price for China ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+30.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knives; with Handles of Base Metal in the Dominican Republic (FOB) - 2022

The average export price for knives; with handles of base metals stood at $0.4 per unit in 2022, rising by 50% against the previous year. In general, the export price, however, showed a deep downturn. The growth pace was the most rapid in 2019 when the average export price increased by 3,104% against the previous year. As a result, the export price attained the peak level of $3.4 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($0.4 per unit), while the average price for exports to Spain totaled $0.4 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives; with Handles of Base Metal in the Dominican Republic

In 2022, the amount of knives; with handles of base metals imported into the Dominican Republic soared to 378K units, increasing by 158% compared with the previous year. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 233% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of knives; with handles of base metals skyrocketed to $816K in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 218%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Knives; with Handles of Base Metal in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.2242370723247.7%
Spain21.616.457.548.330.8%
China36.214.827.435.9-0.3%
CanadaN/A61.4N/AN/A0%
Others36.720.810.59.1-37.2%
Total11235546681693.9%

Top Suppliers of Knives; with Handles of Base Metal to the Dominican Republic in 2022:

  1. United States (270.0K units)
  2. China (59.9K units)
  3. Spain (41.8K units)

Exports of Knives; with Handles of Base Metal in the Dominican Republic

Exports of knives; with handles of base metals from the Dominican Republic declined sharply to 2K units in 2022, waning by -95.6% against 2021 figures. Overall, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 659% against the previous year. As a result, the exports attained the peak of 45K units, and then shrank dramatically in the following year.

In value terms, exports of knives; with handles of base metals reduced dramatically to $817 in 2022. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 566% against the previous year. The exports peaked at $42K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Knives; with Handles of Base Metal in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.80.310.00.7-4.4%
Spain0.4N/AN/A0.1-37.0%
Russia0.20.8N/AN/A300.0%
ArubaN/AN/A0.1N/A0%
Philippines40.6N/AN/AN/A0%
Others0.10.82.3N/A379.6%
Total42.11.912.40.8-73.3%

Top Export Markets for Knives; with Handles of Base Metal from the Dominican Republic in 2022:

  1. United States (1644.0 units)
  2. Spain (305.0 units)

Source: IndexBox Market Intelligence Platform

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