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

Contents:

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

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

In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $2.5 per unit, dropping by -4.9% against the previous year. In general, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 an increase of 42%. As a result, import price reached the peak level of $3.8 per unit. From 2019 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 ($6.2 per unit), while the price for China ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.5%), 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 Estonia (FOB) - 2022

In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $4.7 per unit, with a decrease of -11.2% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 59%. The export price peaked at $5.3 per unit in 2021, and then shrank in the following year.

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 Russia ($15 per unit), while the average price for exports to Finland ($2.6 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 Russia (+11.2%), 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 Estonia

Imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Estonia shrank to 226K units in 2022, which is down by -13.5% compared with 2021 figures. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Over the period under review, imports of hit record highs at 309K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s dropped dramatically to $558K in 2022. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked at $964K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.912816717084.9%
France37.817626813954.4%
China20721.135.658.2-34.5%
Finland59765.159.553.2-55.3%
Latvia3.323.531.731.4111.9%
Poland16.634.241.923.111.6%
Japan39.710.85.311.9-33.1%
Denmark0.32.62.57.7195.0%
Others34.929.167.163.922.3%
Total964491679558-16.7%

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

  1. China (67.0K units)
  2. Germany (48.7K units)
  3. France (39.5K units)
  4. Latvia (25.6K units)
  5. Finland (10.4K units)
  6. Poland (8.6K units)
  7. Denmark (5.9K units)
  8. Japan (1.9K units)

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

In 2022, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Estonia stood at 26K units, increasing by 15% compared with 2021 figures. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s rose slightly to $122K in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania29.529.452.757.424.8%
Latvia28.044.352.447.919.6%
Finland4.55.08.89.026.0%
Norway2.23.02.64.829.7%
Russia3.70.90.81.2-31.3%
Others2.12.52.72.10.0%
Total70.185.012012220.3%

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

  1. Lithuania (11.0K units)
  2. Latvia (10.0K units)
  3. Finland (3.5K units)
  4. Norway (0.8K units)
  5. Russia (0.1K units)

Source: IndexBox Market Intelligence Platform

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