Latin America and the Caribbean: Knife And Scissors Market 2024

Knife And Scissors Market Size in Latin America and the Caribbean

The Latin American knife and scissors market contracted modestly to $X in 2023, approximately mirroring the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Knife And Scissors Production in Latin America and the Caribbean

In value terms, knife and scissors production reached $X in 2023 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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Knife And Scissors Exports

Exports in Latin America and the Caribbean

In 2023, approx. X units of knives, scissors and blades were exported in Latin America and the Caribbean; reducing by X% on 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, knife and scissors exports fell to $X in 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Brazil represented the main exporting country with an export of about X units, which finished at X% of total exports. Mexico (X units) ranks second in terms of the total exports with a X% share, followed by Colombia (X%). Panama (X units) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of knives, scissors and blades. Colombia experienced a relatively flat trend pattern. Mexico (X%) and Panama (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest knife and scissors supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Brazil, knife and scissors exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per unit, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Panama ($X per unit) was amongst the lowest.

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

Knife And Scissors Imports

Imports in Latin America and the Caribbean

In 2023, the amount of knives, scissors and blades imported in Latin America and the Caribbean was estimated at X units, approximately equating the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, knife and scissors imports contracted to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, Brazil (X units), distantly followed by Mexico (X units), Colombia (X units), Chile (X units), Peru (X units), Argentina (X units) and Guatemala (X units) were the key importers of knives, scissors and blades, together constituting X% of total imports. The following importers - Ecuador (X units), El Salvador (X units), the Dominican Republic (X units), Paraguay (X units), Costa Rica (X units) and Venezuela (X units) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported knives, scissors and blades in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Mexico, knife and scissors imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Chile (X% per year).

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per unit), while El Salvador ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform