Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Libya - 2022

Contents:

  1. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Libya (CIF) - 2022
  2. Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Libya

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Libya (CIF) - 2022

The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.3 per unit in 2022, rising by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable downturn. The growth pace was the most rapid in 2019 when the average import price increased by 47%. Over the period under review, average import prices attained the maximum at $1.7 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($20 per unit), while the price for China ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Libya

In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s imported into Libya declined to 50K units, dropping by -8.7% on 2021. Overall, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,461%. As a result, imports reached the peak of 55K units, and then fell in the following year.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s surged to $64K in 2022. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 788% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.02.339.741.711.6%
FranceN/AN/AN/A3.10%
Others14.03.713.718.910.5%
Total44.06.053.463.713.1%

Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Libya in 2022:

  1. China (45.9K units)
  2. France (2.0K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Blades; cutting, serrated or not, excluding those of heading no. 8208 - Libya