Price for Knives with Cutting Blades in the United States - 2023
Contents:
- Price for Knives with Cutting Blades in the United States (CIF) - 2022
- Price for Knives with Cutting Blades in the United States (FOB) - 2022
- Imports of Knives with Cutting Blades in the United States
- Exports of Knives with Cutting Blades in the United States
Price for Knives with Cutting Blades in the United States (CIF) - 2022
The average knives with cutting blades import price stood at $2.4 per unit in 2022, approximately equating the previous year. Over the period under review, the import price showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4.4%. The import price peaked at $311 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($7.7 per unit), while the price for Vietnam ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-29.9%), while the prices for the other major suppliers experienced a decline.
Price for Knives with Cutting Blades in the United States (FOB) - 2022
The average knives with cutting blades export price stood at $4.7 per unit in 2022, with an increase of 14% against the previous year. Overall, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 26%. The export price peaked at $28 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($9.6 per unit), while the average price for exports to South Korea ($1.2 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 Canada (-13.7%), while the prices for the other major destinations experienced a decline.
Imports of Knives with Cutting Blades in the United States
In 2022, after three years of growth, there was decline in overseas purchases of knives with cutting bladeses, when their volume decreased by -3.4% to 433M units. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 188% against the previous year. Over the period under review, imports attained the peak figure at 448M units in 2021, and then declined modestly in the following year.
In value terms, knives with cutting blades imports dropped to $1B in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports reached the peak of $1.1B, and then declined modestly in the following year.
| Import of Knives with Cutting Blades in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 561 | 605 | 695 | 631 | 4.0% |
| Taiwan (Chinese) | 37.2 | 46.0 | 74.9 | 79.5 | 28.8% |
| Germany | 54.8 | 51.0 | 70.6 | 72.9 | 10.0% |
| Japan | 55.4 | 55.1 | 57.5 | 57.3 | 1.1% |
| Vietnam | 6.1 | 7.8 | 21.0 | 38.2 | 84.3% |
| Switzerland | 26.1 | 20.8 | 35.7 | 37.9 | 13.2% |
| Others | 68.6 | 71.1 | 105 | 104 | 14.9% |
| Total | 809 | 857 | 1,059 | 1,021 | 8.1% |
Top Suppliers of Knives with Cutting Blades to the United States in 2022:
- China (292.3M units)
- Taiwan (Chinese) (38.8M units)
- Vietnam (38.0M units)
- Japan (14.4M units)
- Germany (9.5M units)
- Switzerland (7.1M units)
Exports of Knives with Cutting Blades in the United States
In 2022, shipments abroad of knives with cutting bladeses decreased by -2.4% to 35M 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 +11.8% 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 2020 when exports increased by 32%. Over the period under review, the exports reached the peak figure at 36M units in 2021, and then shrank slightly in the following year.
In value terms, knives with cutting blades exports totaled $162M in 2022. The total export value increased at an average annual rate of +11.2% 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 with an increase of 19%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Knives with Cutting Blades in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 58.6 | 60.6 | 59.5 | 57.7 | -0.5% |
| Germany | 3.6 | 5.3 | 9.7 | 13.1 | 53.8% |
| Mexico | 11.8 | 12.0 | 14.5 | 12.9 | 3.0% |
| Australia | 3.7 | 4.4 | 5.1 | 10.0 | 39.3% |
| United Kingdom | 3.7 | 4.2 | 6.4 | 6.3 | 19.4% |
| Netherlands | 3.8 | 4.7 | 5.5 | 5.6 | 13.8% |
| France | 2.0 | 2.5 | 4.3 | 5.2 | 37.5% |
| China | 1.7 | 1.4 | 3.5 | 4.4 | 37.3% |
| Ukraine | 0.7 | 0.7 | 1.2 | 3.2 | 66.0% |
| Latvia | 0.7 | 1.9 | 2.6 | 2.3 | 48.7% |
| Spain | 0.3 | 0.3 | 1.2 | 2.2 | 94.3% |
| South Korea | 1.9 | 1.2 | 1.4 | 1.5 | -7.6% |
| Taiwan (Chinese) | 0.9 | 1.1 | 1.4 | 1.1 | 6.9% |
| Others | 24.7 | 22.6 | 29.6 | 37.0 | 14.4% |
| Total | 118 | 123 | 146 | 162 | 11.1% |
Top Export Markets for Knives with Cutting Blades from the United States in 2022:
- Canada (10.6M units)
- Mexico (4.8M units)
- Australia (2.5M units)
- Netherlands (1.7M units)
- Germany (1.6M units)
- China (1.4M units)
- Spain (1.4M units)
- United Kingdom (1.3M units)
- South Korea (1.2M units)
- Latvia (1.1M units)
- Ukraine (0.8M units)
- Taiwan (Chinese) (0.6M units)
- France (0.5M units)
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