Price for Knives; with Handles of Base Metal in Thailand - 2024

Contents:

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

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

In 2022, the average export price for knives; with handles of base metals amounted to $0.8 per unit, reducing by -16% against the previous year. Overall, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the maximum at $1 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3.5 per unit), while the average price for exports to Maldives ($0.2 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 Hong Kong SAR (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for knives; with handles of base metals amounted to $1.4 per unit, surging by 27% against the previous year. Overall, the import price showed a noticeable increase. The growth pace was the most rapid in 2017 an increase of 240%. As a result, import price attained the peak level of $1.6 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($12 per unit), while the price for China ($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 China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Knives; with Handles of Base Metal in Thailand

Exports of knives; with handles of base metals from Thailand dropped significantly to 287K units in 2022, shrinking by -21.5% on 2021 figures. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 39%. The exports peaked at 368K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of knives; with handles of base metals dropped notably to $231K in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports reached the peak of $351K, and then shrank markedly in the following year.

Export of Knives; with Handles of Base Metal in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam226142162125-17.9%
Hong Kong SAR13.877.814578.278.3%
Japan13.914.220.814.51.4%
United States0.6N/A2.75.2105.4%
MaldivesN/AN/A1.11.972.7%
BangladeshN/AN/A2.3N/A0%
Others35.116.716.96.4-43.3%
Total289251351231-7.2%

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

  1. Vietnam (224.7K units)
  2. Hong Kong SAR (22.1K units)
  3. Japan (19.7K units)
  4. United States (8.3K units)
  5. Maldives (7.7K units)

Imports of Knives; with Handles of Base Metal in Thailand

In 2022, the amount of knives; with handles of base metals imported into Thailand shrank notably to 71K units, declining by -50.5% against 2021. In general, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. As a result, imports attained the peak of 143K units, and then shrank significantly in the following year.

In value terms, imports of knives; with handles of base metals declined markedly to $99K in 2022. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 170% against the previous year. As a result, imports reached the peak of $159K, and then contracted markedly in the following year.

Import of Knives; with Handles of Base Metal in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China57.127.899.672.98.5%
Hong Kong SAR0.70.5N/A2.246.5%
TurkeyN/A0.1N/A1.8324.3%
Others58.930.459.022.3-27.7%
Total11758.815999.2-5.4%

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

  1. China (65.6K units)
  2. Hong Kong SAR (1.3K units)
  3. Turkey (1.2K units)

Source: IndexBox Market Intelligence Platform

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