Colombia - Table Knives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTable Knife Price in Colombia - 2022
Contents:
- Table Knife Price in Colombia (CIF) - 2022
- Table Knife Price in Colombia (FOB) - 2022
- Table Knife Imports in Colombia
- Table Knife Exports in Colombia
Table Knife Price in Colombia (CIF) - 2022
In February 2022, the average table knife import price amounted to $905 per thousand units, with a decrease of -31.3% against the previous month. Over the period under review, the import price, however, recorded a mild expansion. The pace of growth appeared the most rapid in May 2021 when the average import price increased by 167% m-o-m. Over the period under review, average import prices reached the maximum at $2.0 per unit in July 2021; however, from August 2021 to February 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($2.6 per unit), while the price for China ($575 per thousand units) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.9%), while the prices for the other major suppliers experienced a decline.
Table Knife Price in Colombia (FOB) - 2022
The average table knife export price stood at $3.4 per unit in 2022, increasing by 20% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $4.4 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($9.1 per unit), while the average price for exports to Peru ($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 the United States (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Table Knife Imports in Colombia
In 2022, approx. 906K units of table knives were imported into Colombia; which is down by -12.3% against the previous year. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked at 1.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, table knife imports contracted dramatically to $832K in 2022. In general, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of $1M, and then fell markedly in the following year.
| Import of Table Knife in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 314 | 204 | 412 | 305 | -1.0% |
| Panama | 420 | 327 | 395 | 278 | -12.9% |
| Brazil | 116 | 62.9 | 106 | 148 | 8.5% |
| Others | 88.9 | 43.2 | 114 | 100 | 4.0% |
| Total | 939 | 637 | 1,027 | 832 | -4.0% |
Top Suppliers of Table Knife to Colombia in 2022:
- China (538.2K units)
- Panama (189.4K units)
- Brazil (128.0K units)
Table Knife Exports in Colombia
In 2022, the amount of table knives exported from Colombia reduced remarkably to 5.5K units, waning by -46.7% compared with 2021 figures. Over the period under review, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 223% against the previous year. The exports peaked at 28K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, table knife exports plummeted to $19K in 2022. Overall, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 261% against the previous year. Over the period under review, the exports attained the maximum at $79K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Table Knife in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 1.9 | 1.1 | 10.1 | 6.5 | 50.7% |
| United States | 18.4 | 1.3 | 6.6 | 3.7 | -41.4% |
| Ecuador | 19.1 | 2.4 | 4.1 | 3.0 | -46.0% |
| Panama | 2.6 | 0.7 | 3.6 | 2.0 | -8.4% |
| Guatemala | 22.7 | 0.7 | 2.1 | 1.5 | -59.6% |
| Venezuela | 6.2 | 0.7 | 0.8 | 0.8 | -49.5% |
| Chile | 1.7 | 0.2 | 0.3 | 0.3 | -43.9% |
| Peru | 3.4 | 0.1 | 0.1 | 0.1 | -69.1% |
| Others | 3.0 | 0.9 | 1.7 | 0.9 | -33.1% |
| Total | 79.1 | 8.1 | 29.4 | 18.8 | -38.1% |
Top Export Markets for Table Knife from Colombia in 2022:
- Dominican Republic (2204.0 units)
- United States (1183.0 units)
- Panama (710.0 units)
- Ecuador (511.0 units)
- Guatemala (418.0 units)
- Venezuela (121.0 units)
- Chile (73.0 units)
- Peru (57.0 units)
This report provides an in-depth analysis of the table knife market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25711120 - Table knives having fixed blades of base metal, including handles (excluding butter knives and fish knives)
- Prodcom 25711115 -
- Prodcom 25711130 -
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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