Pakistan - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCutting Blade Price in Pakistan - 2023
Contents:
- Cutting Blade Price in Pakistan (CIF) - 2023
- Cutting Blade Price in Pakistan (FOB) - 2023
- Cutting Blade Imports in Pakistan
- Cutting Blade Exports in Pakistan
Cutting Blade Price in Pakistan (CIF) - 2023
In February 2023, the average cutting blade import price amounted to $20,335 per ton, increasing by 25% against the previous month. Over the period under review, the import price enjoyed a resilient expansion. The pace of growth appeared the most rapid in November 2022 an increase of 51% month-to-month. As a result, import price attained the peak level of $24,906 per ton. From December 2022 to February 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Germany ($32,050 per ton), while the price for the UK ($11,975 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cutting Blade Price in Pakistan (FOB) - 2023
The average cutting blade export price stood at $41,065 per ton in February 2023, increasing by 178% against the previous month. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 777% against the previous month. Over the period under review, the average export prices hit record highs at $127K per ton in December 2022; however, from January 2023 to February 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($62,557 per ton), while the average price for exports to Kuwait ($13,402 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cutting Blade Imports in Pakistan
For the fourth year in a row, Pakistan recorded growth in overseas purchases of knives and cutting blades (for machines or for mechanical appliances), which increased by 23% to 1.3K tons in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 87%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, cutting blade imports surged to $8.8M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cutting Blade in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,590 | 3,395 | 3,276 | 3,697 | 12.6% |
Germany | 1,155 | 1,384 | 1,200 | 1,342 | 5.1% |
United Arab Emirates | 104 | 310 | 541 | 611 | 80.4% |
United Kingdom | 347 | 294 | 368 | 415 | 6.1% |
Italy | 378 | 267 | 342 | 386 | 0.7% |
United States | 503 | 316 | 248 | 380 | -8.9% |
Japan | 199 | 154 | 231 | 260 | 9.3% |
Switzerland | 221 | 30.2 | 214 | 241 | 2.9% |
Sweden | 132 | 114 | 171 | 193 | 13.5% |
Taiwan (Chinese) | 124 | 49.2 | 119 | 135 | 2.9% |
Others | 1,427 | 867 | 948 | 1,178 | -6.2% |
Total | 7,180 | 7,180 | 7,658 | 8,838 | 7.2% |
Top Suppliers of Cutting Blade to Pakistan in 2022:
- China (400.3 tons)
- United Arab Emirates (240.9 tons)
- Germany (175.9 tons)
- United States (56.5 tons)
- United Kingdom (51.5 tons)
- Italy (44.6 tons)
- Sweden (34.3 tons)
- Japan (28.5 tons)
- Switzerland (20.7 tons)
- Taiwan (Chinese) (20.1 tons)
Cutting Blade Exports in Pakistan
In 2022, the amount of knives and cutting blades (for machines or for mechanical appliances) exported from Pakistan surged to 96 tons, jumping by 53% against the previous year's figure. Overall, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.8% against 2020 indices.
In value terms, cutting blade exports skyrocketed to $810K in 2022. In general, exports showed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cutting Blade in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 140 | 168 | 110 | 226 | 17.3% |
United States | 59.2 | 47.4 | 101 | 175 | 43.5% |
Romania | 161 | 68.5 | 70.5 | 163 | 0.4% |
United Kingdom | 47.2 | 28.5 | 67.5 | 117 | 35.3% |
Turkey | 42.3 | 41.1 | 40.5 | 70.0 | 18.3% |
Canada | 0.3 | 11.8 | 11.0 | 19.0 | 298.6% |
United Arab Emirates | 4.0 | 7.7 | 4.8 | 8.9 | 30.5% |
Oman | 2.5 | 12.8 | 0.8 | 8.4 | 49.8% |
Thailand | N/A | N/A | 7.0 | N/A | 0% |
Others | 18.5 | 38.3 | 19.6 | 23.4 | 8.1% |
Total | 475 | 424 | 433 | 810 | 19.5% |
Top Export Markets for Cutting Blade from Pakistan in 2022:
- Germany (26.2 tons)
- Romania (22.2 tons)
- United Kingdom (11.7 tons)
- United States (11.2 tons)
- Oman (7.1 tons)
- United Arab Emirates (6.0 tons)
- Canada (4.2 tons)
- Turkey (1.9 tons)
This report provides an in-depth analysis of the cutting blade market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25736043 - Knives and cutting blades for machines or for mechanical appliances for working metal
- Prodcom 25736045 - Knives and cutting blades for machines or for mechanical appliances for working wood
- Prodcom 25736053 -
- Prodcom 25736055 -
- Prodcom 25736063 - Knives and cutting blades for agricultural, horticultural or forestry machines (excluding coulters for ploughs, discs for harrows)
- Prodcom 25736065 - Knives and cutting blades, for machines or for mechanical appliances
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cutting blade market in Pakistan.
This report provides an in-depth analysis of the global cutting blade market.
This report provides an in-depth analysis of the cutting blade market in Pakistan.
This report provides an in-depth analysis of the global cutting blade market.
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...