Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.7 per unit, falling by -17.7% against the previous year. Over the period under review, the import price saw a mild contraction. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. As a result, import price reached the peak level of $2 per unit, and then dropped significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($4.1 per unit), while the price for China ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.7%), 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 Italy (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $5.1 per unit in 2022, surging by 21% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +88.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($24 per unit), while the average price for exports to Morocco ($1.1 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 the United States (+19.6%), 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 Italy
Imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Italy contracted to 2.9M units in 2022, with a decrease of -5.6% against the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year. As a result, imports reached the peak of 3M units, and then reduced in the following year.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s declined markedly to $4.7M in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 118%. As a result, imports attained the peak of $6.1M, and then contracted dramatically in the following year.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,678 | 998 | 1,704 | 1,875 | 3.8% |
| Germany | 617 | 441 | 936 | 758 | 7.1% |
| Belgium | 51.9 | 121 | 557 | 455 | 106.2% |
| Japan | 363 | 339 | 431 | 408 | 4.0% |
| Portugal | 4.9 | 0.2 | 3.8 | 278 | 284.3% |
| Taiwan (Chinese) | 100 | 89.9 | 100 | 235 | 33.0% |
| France | 91.3 | 81.1 | 694 | 231 | 36.3% |
| United Kingdom | 462 | 397 | 99.9 | 38.8 | -56.2% |
| Others | 379 | 322 | 1,559 | 448 | 5.7% |
| Total | 3,748 | 2,789 | 6,084 | 4,727 | 8.0% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Italy in 2022:
- China (1507.1K units)
- Germany (389.5K units)
- Belgium (243.1K units)
- Taiwan (Chinese) (147.7K units)
- Japan (131.4K units)
- France (130.3K units)
- Portugal (118.0K units)
- United Kingdom (9.3K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy
Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Italy shrank to 861K units in 2022, waning by -2.8% against the previous year's figure. Overall, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. The exports peaked at 936K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $4.4M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +92.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 674 | 479 | 681 | 604 | -3.6% |
| United States | 84.4 | 87.2 | 121 | 537 | 85.3% |
| Spain | 322 | 285 | 576 | 481 | 14.3% |
| Germany | 249 | 322 | 465 | 444 | 21.3% |
| Sweden | 135 | 132 | 241 | 392 | 42.7% |
| France | 265 | 245 | 306 | 357 | 10.4% |
| Portugal | 8.7 | 13.5 | 17.6 | 115 | 136.4% |
| Switzerland | 161 | 62.8 | 60.6 | 107 | -12.7% |
| Romania | 26.3 | 46.6 | 38.6 | 51.3 | 24.9% |
| Turkey | 75.1 | 2.4 | 95.9 | 17.4 | -38.6% |
| Others | 913 | 585 | 1,112 | 1,254 | 11.2% |
| Total | 2,914 | 2,260 | 3,715 | 4,361 | 14.4% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Italy in 2022:
- Morocco (529.2K units)
- Spain (49.5K units)
- France (48.3K units)
- Sweden (30.6K units)
- Germany (26.0K units)
- United States (22.0K units)
- Switzerland (21.5K units)
- Romania (20.7K units)
- Portugal (20.5K units)
- Turkey (5.9K units)
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