Price for Knives with Cutting Blades in Mexico - 2023

Contents:

  1. Price for Knives with Cutting Blades in Mexico (CIF) - 2022
  2. Price for Knives with Cutting Blades in Mexico (FOB) - 2022
  3. Imports of Knives with Cutting Blades in Mexico
  4. Exports of Knives with Cutting Blades in Mexico

Price for Knives with Cutting Blades in Mexico (CIF) - 2022

In 2022, the average knives with cutting blades import price amounted to $1.7 per unit, increasing by 15% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knives with cutting blades import price increased by +35.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 44%. As a result, import price attained the peak level of $1.8 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.7 per unit), while the price for Portugal ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knives with Cutting Blades in Mexico (FOB) - 2022

In 2022, the average knives with cutting blades export price amounted to $2.3 per unit, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2.1 per unit), while the average price for exports to Colombia totaled $2.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+2.0%).

Imports of Knives with Cutting Blades in Mexico

After three years of growth, purchases abroad of knives with cutting bladeses decreased by -9.3% to 45M units in 2022. The total import volume increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 28% against the previous year. Imports peaked at 49M units in 2021, and then shrank in the following year.

In value terms, knives with cutting blades imports rose to $74M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +46.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Knives with Cutting Blades in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.825.537.440.713.5%
United States9.38.610.311.47.0%
Brazil6.34.17.76.93.1%
Switzerland5.75.99.06.65.0%
Japan2.41.82.12.51.4%
Germany2.11.61.62.21.6%
Portugal0.50.40.50.66.3%
Others3.12.32.32.8-3.3%
Total57.250.470.873.78.8%

Top Suppliers of Knives with Cutting Blades to Mexico in 2022:

  1. China (24.6M units)
  2. United States (6.9M units)
  3. Brazil (4.2M units)
  4. Switzerland (4.0M units)
  5. Japan (1.5M units)
  6. Germany (1.3M units)
  7. Portugal (0.6M units)

Exports of Knives with Cutting Blades in Mexico

In 2022, shipments abroad of knives with cutting bladeses decreased by -17.8% to 8M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of 9.7M units, and then dropped markedly in the following year.

In value terms, knives with cutting blades exports fell modestly to $18M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 37%. As a result, the exports reached the peak of $19M, and then declined in the following year.

Export of Knives with Cutting Blades in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.611.916.715.710.6%
Colombia0.20.40.20.314.5%
Others1.91.72.22.36.6%
Total13.614.019.218.210.2%

Top Export Markets for Knives with Cutting Blades from Mexico in 2022:

  1. United States (7.4M units)
  2. Colombia (0.1M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Knives; with cutting blades, serrated or not (including pruning knives), other than knives of heading no. 8208, and blades therefor - Mexico