Price for Knives; with Handles of Base Metal in Guatemala - 2023

Contents:

  1. Price for Knives; with Handles of Base Metal in Guatemala (CIF) - 2022
  2. Price for Knives; with Handles of Base Metal in Guatemala (FOB) - 2022
  3. Imports of Knives; with Handles of Base Metal in Guatemala
  4. Exports of Knives; with Handles of Base Metal in Guatemala

Price for Knives; with Handles of Base Metal in Guatemala (CIF) - 2022

The average import price for knives; with handles of base metals stood at $0.7 per unit in 2022, jumping by 23% against the previous year. Over the period under review, the import price saw a resilient increase. The growth pace was the most rapid in 2015 an increase of 48%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 China ($0.6 per unit), while the price for the United States stood at $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knives; with Handles of Base Metal in Guatemala (FOB) - 2022

The average export price for knives; with handles of base metals stood at $4.4 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +91.7% per year.

Imports of Knives; with Handles of Base Metal in Guatemala

For the third consecutive year, Guatemala recorded decline in overseas purchases of knives; with handles of base metals, which decreased by -38.3% to 2.7K units in 2022. In general, imports recorded a precipitous curtailment. The smallest decline of -2.9% was in 2020. Imports peaked at 7.7K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of knives; with handles of base metals dropped dramatically to $1.8K in 2022. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of $3.2K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Knives; with Handles of Base Metal in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,3911,9751,2401,600-12.5%
United States14785736437.0-36.9%
MexicoN/A23.0469N/A1939.1%
NetherlandsN/A301N/AN/A0%
Others9.01.0350196179.3%
Total2,5473,1572,4231,833-10.4%

Top Suppliers of Knives; with Handles of Base Metal to Guatemala in 2022:

  1. China (2640.0 units)
  2. United States (96.0 units)

Exports of Knives; with Handles of Base Metal in Guatemala

Exports of knives; with handles of base metals from Guatemala totaled 50 units in 2022, flattening at 2021. In general, exports continue to indicate a dramatic downturn. The smallest decline of 99.9% was in 2021. The exports peaked at 161 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of knives; with handles of base metals stood at $219 in 2022. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Knives; with Handles of Base Metal in Guatemala (USD)
COUNTRY202020212022CAGR,
2020-2022
El SalvadorN/AN/A2190%
Honduras28.0N/AN/A0%
OthersN/AN/AN/A0%
Total28.0N/A219179.7%

Top Export Markets for Knives; with Handles of Base Metal from Guatemala in 2022:

  1. El Salvador (50.0 units)

Source: IndexBox Market Intelligence Platform

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