Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland - 2024

Contents:

  1. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland (CIF) - 2024
  2. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland (FOB) - 2024
  3. Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland
  4. Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland (CIF) - 2024

The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.9 per unit in January 2024, reducing by -37.5% against the previous month. Over the period under review, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in September 2023 an increase of 200% month-to-month. Over the period under review, average import prices attained the peak figure at $5.0 per unit in July 2023; however, from August 2023 to January 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($6.7 per unit), while the price for China ($1.1 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the UK (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland (FOB) - 2024

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $3.3 per unit in January 2024, with an increase of 42% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $3.6 per unit in February 2023; however, from March 2023 to January 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Germany ($25.4 per unit), while the average price for exports to Slovenia ($1.9 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 770K units of blades; cutting, serrated or not, excluding those of heading no. 8208s were imported into Switzerland; rising by 7.3% on the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s reached $2.5M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany938889906862-2.8%
China4753866446259.6%
Japan20028626329614.0%
Austria16.849.09.2202129.1%
United Kingdom1231291541291.6%
Taiwan (Chinese)1081591101152.1%
Italy66.240.974.869.21.5%
Others253235240191-8.9%
Total2,1802,1742,4012,4914.5%

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

  1. China (338.3K units)
  2. Germany (143.3K units)
  3. Japan (108.4K units)
  4. Austria (52.8K units)
  5. United Kingdom (45.0K units)
  6. Taiwan (Chinese) (35.3K units)
  7. Italy (21.6K units)

Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland

In 2022, approx. 48K units of blades; cutting, serrated or not, excluding those of heading no. 8208s were exported from Switzerland; increasing by 102% compared with 2021 figures. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s fell to $379K in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, the exports attained the peak of $396K, and then reduced modestly in the following year.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12015915417814.0%
Sweden0.50.519.936.1316.4%
United States19.316.124.917.9-2.5%
Belgium1.30.225.817.1136.1%
France14.69.413.715.31.6%
Poland7.24.39.614.827.1%
PortugalN/A0.4N/A14.5502.1%
Netherlands13.89.117.913.4-1.0%
Italy12.74.46.28.5-12.5%
Indonesia6.08.811.12.3-27.4%
Israel12.88.026.81.9-47.1%
Bosnia and HerzegovinaN/AN/AN/A1.40%
China23.27.32.40.4-74.2%
Others65.984.983.857.1-4.7%
Total2983123963798.3%

Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Switzerland in 2022:

  1. Bosnia and Herzegovina (21.2K units)
  2. Germany (14.3K units)
  3. Italy (1.9K units)
  4. Poland (1.5K units)
  5. Sweden (1.3K units)
  6. France (1.0K units)
  7. Portugal (0.8K units)
  8. United States (0.7K units)
  9. Belgium (0.7K units)
  10. Netherlands (0.6K units)
  11. Indonesia (0.2K units)
  12. Israel (0.1K units)

Source: IndexBox Market Intelligence Platform

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