Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia - 2024

Contents:

  1. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia (CIF) - 2022
  2. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia (FOB) - 2022
  3. Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia
  4. Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia (CIF) - 2022

In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $2 per unit, with a decrease of -5.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 54%. Over the period under review, average import prices reached the peak figure at $2.3 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($2 per unit) and the United States ($2 per unit), while the price for China ($2 per unit) and the UK ($2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia (FOB) - 2022

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.9 per unit in 2022, increasing by 39% against the previous year. In general, the export price, however, showed a abrupt curtailment. The export price peaked at $7.9 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were New Caledonia ($2.9 per unit) and the United Arab Emirates ($2.9 per unit), while the average price for exports to Papua New Guinea ($2.9 per unit) and Germany ($2.9 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia

For the fourth consecutive year, Australia recorded growth in purchases abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s, which increased by 29% to 2M units in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s skyrocketed to $4M in 2022. The total import value increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0179961,1101,61216.6%
United States38949555365018.7%
United Kingdom32535839346412.6%
Germany3525134504236.3%
Japan3163854514209.9%
Taiwan (Chinese)12898.511617110.1%
Mexico11022.762.91130.9%
Others84.812712013717.3%
Total2,7212,9963,2553,99013.6%

Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Australia in 2022:

  1. China (810.9K units)
  2. United States (327.1K units)
  3. United Kingdom (233.3K units)
  4. Germany (212.9K units)
  5. Japan (211.3K units)
  6. Taiwan (Chinese) (86.3K units)
  7. Mexico (56.6K units)

Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia

In 2022, shipments abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -20.7% to 195K 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 +5.2% over the period 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 when exports increased by 34% against the previous year. As a result, the exports reached the peak of 245K units, and then fell dramatically in the following year.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s expanded significantly to $565K in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, the exports reached the peak of $568K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1782091762237.8%
Papua New Guinea54.543.823.511026.4%
Indonesia5.90.812.640.790.4%
United States95.810395.537.2-27.0%
United Arab EmiratesN/AN/A19.632.264.3%
EgyptN/A2.4N/A23.8214.9%
BrazilN/AN/AN/A22.10%
Canada3.52.144.221.683.4%
Germany12.21.62.513.02.1%
New Caledonia0.613.52.49.9154.6%
Singapore6.241.10.50.7-51.7%
Vietnam67.172.0N/AN/A7.3%
Italy8.1N/A41.9N/A127.4%
Others74.278.594.532.0-24.4%
Total5065685135653.7%

Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Australia in 2022:

  1. New Zealand (76.6K units)
  2. Papua New Guinea (37.8K units)
  3. Indonesia (14.0K units)
  4. United States (12.8K units)
  5. United Arab Emirates (11.1K units)
  6. Egypt (8.2K units)
  7. Brazil (7.6K units)
  8. Canada (7.4K units)
  9. Germany (4.5K units)
  10. New Caledonia (3.4K units)
  11. Singapore (0.2K units)

Source: IndexBox Market Intelligence Platform

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