Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait (CIF) - 2022
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.1 per unit in 2022, shrinking by -2.6% against the previous year. Overall, import price indicated a moderate 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, import price for blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -8.4% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 53% against the previous year. The import price peaked at $2.3 per unit in 2019; however, from 2020 to 2022, 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 Japan ($6 per unit), while the price for Mexico ($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 (+14.5%), 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 Kuwait (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $2 per unit, dropping by -60.3% against the previous year. Overall, the export price, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2016 an increase of 99%. Over the period under review, the average export prices reached the maximum at $6.4 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4.9 per unit), while the average price for exports to Germany stood at $1.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.5%).
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait
In 2022, purchases abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -32.4% to 72K units, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 340% against the previous year. As a result, imports reached the peak of 137K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s declined dramatically to $155K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 242%. As a result, imports reached the peak of $250K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 35.1 | 101 | 66.6 | 74.6 | 28.6% |
Japan | 5.1 | 39.6 | 67.0 | 35.5 | 90.9% |
China | 2.4 | 15.3 | 29.5 | 11.2 | 67.1% |
United Kingdom | 12.1 | 31.0 | 36.7 | 10.4 | -4.9% |
United States | 3.6 | 4.6 | 1.5 | 5.9 | 17.9% |
Mexico | 3.3 | 7.1 | 7.0 | 2.4 | -10.1% |
Others | 11.5 | 51.2 | 27.4 | 15.1 | 9.5% |
Total | 73.0 | 250 | 236 | 155 | 28.5% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Kuwait in 2022:
- United Arab Emirates (51.5K units)
- China (8.0K units)
- Japan (5.9K units)
- Mexico (1.9K units)
- United Kingdom (1.7K units)
- United States (1.5K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait
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 142% to 174 units. In general, exports, however, recorded a sharp slump. The exports peaked at 434 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 dropped to $340 in 2022. Over the period under review, exports, however, continue to indicate a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 11%. As a result, the exports attained the peak of $1.7K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Kuwait (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,558 | 446 | 204 | 181 | -51.2% |
Germany | N/A | N/A | N/A | 159 | 0% |
Qatar | N/A | N/A | 150 | N/A | 0% |
Canada | N/A | 1,283 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,558 | 1,729 | 354 | 340 | -39.8% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Kuwait in 2022:
- Germany (137.0 units)
- United States (37.0 units)
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