Price for Knives with Cutting Blades in Nepal - 2022
Contents:
- Price for Knives with Cutting Blades in Nepal (CIF) - 2022
- Price for Knives with Cutting Blades in Nepal (FOB) - 2022
- Imports of Knives with Cutting Blades in Nepal
- Exports of Knives with Cutting Blades in Nepal
Price for Knives with Cutting Blades in Nepal (CIF) - 2022
In 2022, the average knives with cutting blades import price amounted to $1.4 per unit, picking up by 23% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $2 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($3 per unit), while the price for India ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Knives with Cutting Blades in Nepal (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $0.3 per unit, declining by -95.6% against the previous year. In general, the export price faced a deep slump. The growth pace was the most rapid in 2014 when the average export price increased by 114% against the previous year. The export price peaked at $6.3 per unit in 2021, and then dropped remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for the Czech Republic.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +52.8% per year.
Imports of Knives with Cutting Blades in Nepal
In 2022, the amount of knives with cutting bladeses imported into Nepal surged to 351K units, rising by 19% against the year before. The total import volume increased at an average annual rate of +15.2% 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 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, knives with cutting blades imports soared to $502K in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Knives with Cutting Blades in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 146 | 123 | 167 | 246 | 19.0% |
| India | 139 | 159 | 82.4 | 169 | 6.7% |
| Thailand | 38.8 | 4.8 | 34.4 | 74.6 | 24.3% |
| Others | 121 | 2.3 | 58.8 | 13.0 | -52.5% |
| Total | 445 | 289 | 342 | 502 | 4.1% |
Top Suppliers of Knives with Cutting Blades to Nepal in 2022:
- India (172.2K units)
- China (152.9K units)
- Thailand (25.1K units)
Exports of Knives with Cutting Blades in Nepal
In 2022, approx. 6K units of knives with cutting bladeses were exported from Nepal; falling by -63.4% on the previous year's figure. Overall, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 93%. Over the period under review, the exports hit record highs at 19K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, knives with cutting blades exports declined sharply to $1.7K in 2022. In general, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 123% against the previous year. As a result, the exports attained the peak of $104K, and then fell remarkably in the following year.
| Export of Knives with Cutting Blades in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1.0 | 0.9 | 2.0 | 1.7 | 19.3% |
| China | 51.8 | N/A | N/A | N/A | 0% |
| Germany | 4.0 | 7.7 | 19.9 | N/A | 123.0% |
| United States | N/A | 7.6 | 30.8 | N/A | 305.3% |
| Others | 17.1 | 30.3 | 51.0 | N/A | 72.7% |
| Total | 73.8 | 46.6 | 104 | 1.7 | -71.5% |
Top Export Markets for Knives with Cutting Blades from Nepal in 2022:
- Czech Republic (0.6K units)
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