Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark (CIF) - 2023
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark (CIF) - 2023
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.7 per unit in December 2023, waning by -21.9% against the previous month. Over the period under review, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 29% against the previous month. The import price peaked at $3.2 per unit in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1.8 per unit), while the price for China stood at $1.1 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), 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 Denmark (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $5.8 per unit, growing by 56% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for blades; cutting, serrated or not, excluding those of heading no. 8208s increased by +75.4% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($12 per unit), while the average price for exports to Faroe Islands ($1.6 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 Norway (+12.8%), 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 Denmark
In 2022, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Denmark expanded markedly to 1M units, surging by 9.6% compared with the previous year. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. 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 rose modestly to $2.3M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9.9%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 765 | 912 | 1,054 | 1,108 | 13.1% |
| Sweden | 510 | 502 | 491 | 387 | -8.8% |
| China | 267 | 271 | 323 | 353 | 9.8% |
| Netherlands | 8.3 | 8.5 | 7.3 | 134 | 152.7% |
| Japan | 280 | 179 | 150 | 83.2 | -33.3% |
| Portugal | N/A | N/A | N/A | 65.0 | 0% |
| Others | 89.7 | 150 | 198 | 178 | 25.7% |
| Total | 1,921 | 2,023 | 2,223 | 2,308 | 6.3% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Denmark in 2022:
- Germany (375.6K units)
- China (280.8K units)
- Sweden (182.7K units)
- Netherlands (82.2K units)
- Japan (26.2K units)
- Portugal (24.8K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark
In 2022, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Denmark shrank rapidly to 43K units, which is down by -72.2% against the previous year. Over the period under review, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports attained the peak of 154K units, and then contracted notably in the following year.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s fell notably to $248K in 2022. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 46%. The exports peaked at $573K in 2021, and then contracted sharply in the following year.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 69.2 | 92.2 | 129 | 116 | 18.8% |
| Sweden | 44.9 | 39.2 | 52.2 | 57.9 | 8.8% |
| France | 4.5 | 3.2 | 4.1 | 10.7 | 33.5% |
| Germany | 26.4 | 41.2 | 114 | 9.5 | -28.9% |
| United Kingdom | 1.5 | 1.0 | 15.1 | 7.7 | 72.5% |
| Netherlands | 4.6 | 3.9 | 5.1 | 3.9 | -5.4% |
| Greenland | 1.6 | 2.4 | 2.5 | 3.6 | 31.0% |
| Finland | 4.5 | 3.8 | 7.9 | 3.3 | -9.8% |
| Faroe Islands | 35.1 | 7.9 | 1.8 | 1.1 | -68.5% |
| Belgium | 0.9 | 32.3 | 0.9 | 1.0 | 3.6% |
| Latvia | N/A | N/A | 7.8 | 0.6 | -92.3% |
| Hungary | 6.5 | 0.9 | 31.7 | 0.1 | -75.1% |
| Australia | 82.5 | 144 | 145 | N/A | 32.6% |
| Others | 47.7 | 111 | 55.1 | 31.8 | -12.6% |
| Total | 330 | 483 | 573 | 248 | -9.1% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Denmark in 2022:
- Sweden (13.3K units)
- Norway (10.1K units)
- Germany (3.9K units)
- United Kingdom (3.1K units)
- Netherlands (2.4K units)
- France (2.4K units)
- Greenland (1.4K units)
- Finland (1.1K units)
- Faroe Islands (0.7K units)
- Latvia (0.7K units)
- Belgium (0.2K units)
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