Australia: Knife And Scissors Market 2024

Knife And Scissors Market Size in Australia

In 2023, the Australian knife and scissors market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a slight descent. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Knife And Scissors Exports

Exports from Australia

In 2023, shipments abroad of knives, scissors and blades increased by X% to X units, rising for the third year in a row after six years of decline. Over the period under review, exports showed a mild increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, knife and scissors exports skyrocketed to $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2012; afterwards, it flattened through to 2023.

Exports by Country

China (X units) was the main destination for knife and scissors exports from Australia, with a X% share of total exports. Moreover, knife and scissors exports to China exceeded the volume sent to the second major destination, New Zealand (X units), threefold. The United States (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and the United States (X% per year).

In value terms, China ($X), New Zealand ($X) and Sweden ($X) constituted the largest markets for knife and scissors exported from Australia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average knife and scissors export price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the export price recorded a mild setback. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2022, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Knife And Scissors Imports

Imports into Australia

In 2023, overseas purchases of knives, scissors and blades decreased by X% to X units, falling for the second consecutive year after four years of growth. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, knife and scissors imports dropped remarkably to $X in 2023. In general, total imports indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, China (X units) constituted the largest supplier of knife and scissors to Australia, with a X% share of total imports. Moreover, knife and scissors imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. Thailand (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of knives, scissors and blades to Australia, comprising X% of total imports. The second position in the ranking was taken by Switzerland ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Japan (X% per year).

Import Prices by Country

In 2023, the average knife and scissors import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price showed moderate growth. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform