Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bulgaria - 2023

Contents:

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

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

In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.6 per unit, approximately mirroring the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for blades; cutting, serrated or not, excluding those of heading no. 8208s increased by +77.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 76%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4 per unit), while the price for China ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.2 per unit in 2022, waning by -11.7% against the previous year. In general, the export price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2021 an increase of 72%. As a result, the export price attained the peak level of $1.4 per unit, and then fell in the following year.

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 North Macedonia ($3.8 per unit), while the average price for exports to Hungary ($0.8 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 Serbia (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Bulgaria surged to 413K units in 2022, picking up by 30% on the previous year's figure. The total import volume increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 $652K in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan14.335.375.9169127.8%
China11111611916614.4%
Austria28.833.113513266.1%
Germany19.834.544.959.844.5%
Czech Republic14.420.722.235.835.5%
Poland26.524.433.433.78.3%
Turkey8.114.533.617.429.0%
Others48.146.031.939.0-6.8%
Total27132449665234.0%

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

  1. China (200.4K units)
  2. Japan (66.0K units)
  3. Austria (44.6K units)
  4. Poland (33.2K units)
  5. Czech Republic (31.4K units)
  6. Germany (15.1K units)
  7. Turkey (7.6K units)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s, when their volume increased by 122% to 22K units. Over the period under review, exports saw perceptible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $27K in 2022. Overall, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia1.60.30.98.171.7%
Romania7.98.84.07.90.0%
Greece0.71.62.43.571.0%
Slovenia0.21.03.12.1119.0%
North Macedonia1.61.92.01.5-2.1%
GeorgiaN/A0.3N/A1.082.6%
HungaryN/AN/AN/A0.80%
MontenegroN/AN/AN/A0.50%
KosovoN/A0.30.30.415.5%
United States10.1N/AN/AN/A0%
Others0.30.81.10.944.2%
Total22.514.913.726.86.0%

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

  1. Romania (9.4K units)
  2. Serbia (5.2K units)
  3. Greece (2.0K units)
  4. Slovenia (1.6K units)
  5. Hungary (1.0K units)
  6. Georgia (0.7K units)
  7. Montenegro (0.5K units)
  8. Kosovo (0.4K units)
  9. North Macedonia (0.4K units)

Source: IndexBox Market Intelligence Platform

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