Indonesia: Knife And Scissors Market 2024

Knife And Scissors Market Size in Indonesia

The Indonesian knife and scissors market dropped to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a remarkable increase. Over the period under review, the market reached the peak level at $X in 2021, and then fell in the following year.

Knife And Scissors Exports

Exports from Indonesia

In 2022, shipments abroad of knives, scissors and blades increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, knife and scissors exports skyrocketed to $X in 2022. Overall, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for knife and scissors exports from Indonesia, accounting for a X% share of total exports. Moreover, knife and scissors exports to Germany exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was taken by Slovakia (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X) remains the key foreign market for knives, scissors and blades exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Italy (X% per year).

Export Prices by Country

The average knife and scissors export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, 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 the United States ($X per unit), while the average price for exports to Timor-Leste ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Knife And Scissors Imports

Imports into Indonesia

Knife and scissors imports into Indonesia shrank to X units in 2022, waning by X% against the previous year. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2021, and then fell in the following year.

In value terms, knife and scissors imports reduced slightly to $X in 2022. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest knife and scissors supplier to Indonesia, with a X% share of total imports. Moreover, knife and scissors imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), tenfold.

From 2012 to 2022, 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: South Korea (X% per year) and Singapore (X% per year).

In value terms, China ($X) constituted the largest supplier of knives, scissors and blades to Indonesia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Singapore (X% per year).

Import Prices by Country

The average knife and scissors import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knife and scissors import price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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