Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kenya - 2022

Contents:

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

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

The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.2 per unit in 2022, with an increase of 9.2% against the previous year. Overall, the import price posted slight growth. The growth pace was the most rapid in 2017 an increase of 52%. As a result, import price reached the peak level of $2.1 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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 Italy ($3.3 per unit), while the price for Austria ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.6%), 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 Kenya (FOB) - 2022

In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.8 per unit, jumping by 27% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 119% against the previous year. As a result, the export price attained the peak level of $1.1 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($6 per unit), while the average price for exports to Rwanda ($0.3 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 Democratic Republic of the Congo (+9.8%), 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 Kenya

In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s imported into Kenya dropped remarkably to 58K units, which is down by -55.1% compared with 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 177% against the previous year. As a result, imports attained the peak of 129K units, and then declined dramatically in the following year.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s fell dramatically to $72K in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 133%. As a result, imports reached the peak of $147K, and then fell markedly in the following year.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea12.315.956.529.834.3%
China9.17.019.712.410.9%
Italy6.20.61.05.1-6.3%
United Kingdom6.01.57.33.8-14.1%
India12.21.52.11.9-46.2%
Austria2.02.05.41.4-11.2%
Turkey0.10.92.60.791.3%
South Africa0.81.26.00.2-37.0%
Others49.632.646.917.0-30.0%
Total98.363.214772.4-9.7%

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

  1. China (27.4K units)
  2. South Korea (18.2K units)
  3. Austria (4.5K units)
  4. Italy (1.5K units)
  5. United Kingdom (1.2K units)
  6. Turkey (1.1K units)
  7. India (0.7K units)
  8. South Africa (0.2K units)

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

Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Kenya surged to 2.9K units in 2022, growing by 374% on the year before. In general, exports, however, showed a abrupt downturn. The exports peaked at 3.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $2.2K in 2022. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports of reached the maximum at $2.6K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Somalia978142178931-1.6%
Tanzania86.018.068.051281.2%
Rwanda45060.070.0336-9.3%
South Sudan75356.021.0253-30.5%
Democratic Republic of the Congo32827.014.0122-28.1%
Others11.016.017.054.070.0%
Total2,6063193682,208-5.4%

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

  1. Rwanda (1237.0 units)
  2. Tanzania (880.0 units)
  3. Democratic Republic of the Congo (327.0 units)
  4. South Sudan (314.0 units)
  5. Somalia (156.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Blades; cutting, serrated or not, excluding those of heading no. 8208 - Kenya