Price for Knives with Cutting Blades in the UK - 2023
Contents:
- Price for Knives with Cutting Blades in the UK (CIF) - 2022
- Price for Knives with Cutting Blades in the UK (FOB) - 2022
- Imports of Knives with Cutting Blades in the UK
- Exports of Knives with Cutting Blades in the UK
Price for Knives with Cutting Blades in the UK (CIF) - 2022
In 2022, the average knives with cutting blades import price amounted to $1.6 per unit, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($5 per unit), while the price for Turkey ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in the UK (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $1.9 per unit, growing by 11% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $1.9 per unit in 2015; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($3.4 per unit), while the average price for exports to Belgium ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in the UK
After three years of growth, purchases abroad of knives with cutting bladeses decreased by -6.4% to 61M units in 2022. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. As a result, imports attained the peak of 65M units, and then shrank in the following year.
In value terms, knives with cutting blades imports rose markedly to $96M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 17%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Knives with Cutting Blades in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.7 | 32.8 | 50.2 | 56.9 | 15.7% |
| Germany | 9.2 | 10.0 | 4.8 | 5.8 | -14.3% |
| Taiwan (Chinese) | 3.0 | 2.4 | 4.5 | 4.4 | 13.6% |
| Vietnam | 1.8 | 1.2 | 1.3 | 3.7 | 27.1% |
| United States | 3.4 | 3.0 | 3.7 | 3.6 | 1.9% |
| France | 3.1 | 7.0 | 5.6 | 3.0 | -1.1% |
| Turkey | 1.7 | 1.3 | 1.9 | 1.7 | 0.0% |
| Netherlands | 2.9 | 2.0 | 2.8 | 0.2 | -59.0% |
| Others | 14.2 | 17.6 | 15.9 | 16.3 | 4.7% |
| Total | 76.1 | 77.5 | 90.7 | 95.6 | 7.9% |
Top Suppliers of Knives with Cutting Blades to the UK in 2022:
- China (46.0M units)
- France (2.5M units)
- Vietnam (2.0M units)
- Taiwan (Chinese) (1.8M units)
- Turkey (1.7M units)
- Germany (1.2M units)
- United States (1.1M units)
- Netherlands (0.1M units)
Exports of Knives with Cutting Blades in the UK
In 2022, approx. 14M units of knives with cutting bladeses were exported from the UK; falling by -24.5% on 2021. In general, exports saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 1.8% against the previous year. Over the period under review, the exports reached the maximum at 20M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, knives with cutting blades exports declined markedly to $26M in 2022. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 5.5% against the previous year. Over the period under review, the exports reached the maximum at $33M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Knives with Cutting Blades in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.3 | 5.1 | 6.3 | 6.7 | 8.1% |
| Belgium | 5.5 | 4.8 | 5.8 | 4.6 | -5.8% |
| Ireland | 3.8 | 4.0 | 3.2 | 3.1 | -6.6% |
| Poland | 2.8 | 2.5 | 2.5 | 1.4 | -20.6% |
| Netherlands | 1.2 | 0.9 | 1.8 | 1.2 | 0.0% |
| France | 1.7 | 1.4 | 0.9 | 1.1 | -13.5% |
| Australia | 0.8 | 0.6 | 0.9 | 0.8 | 0.0% |
| Sweden | 1.4 | 1.0 | 1.7 | 0.8 | -17.0% |
| Germany | 2.2 | 2.3 | 1.5 | 0.8 | -28.6% |
| Thailand | 0.5 | 0.2 | 0.5 | 0.5 | 0.0% |
| Italy | 1.2 | 1.1 | 0.3 | 0.2 | -45.0% |
| Spain | 0.6 | 0.6 | 0.4 | 0.2 | -30.7% |
| Others | 5.4 | 4.4 | 5.0 | 4.4 | -6.6% |
| Total | 32.6 | 29.0 | 30.5 | 25.7 | -7.6% |
Top Export Markets for Knives with Cutting Blades from the UK in 2022:
- Spain (undefinedM units)
- Belgium (4.2M units)
- United States (2.5M units)
- Ireland (1.5M units)
- Poland (1.2M units)
- Sweden (0.5M units)
- Australia (0.4M units)
- France (0.4M units)
- Netherlands (0.4M units)
- Germany (0.3M units)
- Thailand (0.3M units)
- Italy (0.1M units)
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