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

Contents:

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

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

The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2 per unit in 2022, surging by 4.3% against the previous year. Overall, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure at $3.7 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5.9 per unit), while the price for Belgium ($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 Netherlands (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $5.8 per unit in 2022, reducing by -4.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 124% against the previous year. As a result, the export price reached the peak level of $12 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($20 per unit), while the average price for exports to the UK ($3.3 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 Sweden (+295.6%), 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 Luxembourg

In 2022, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Luxembourg dropped to 274K units, which is down by -3.4% against 2021 figures. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 107%. As a result, imports attained the peak of 284K units, and then contracted in the following year.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s totaled $544K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 102%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10712320227236.5%
Netherlands0.20.5196165837.9%
Belgium41.068.982.482.426.2%
France81.655.150.121.9-35.5%
Others32.119.110.22.3-58.5%
Total26226754054427.6%

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

  1. Germany (174.0K units)
  2. Belgium (67.2K units)
  3. Netherlands (28.5K units)
  4. France (3.7K units)

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

For the fourth year in a row, Luxembourg recorded growth in shipments abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s, which increased by 71% to 74K units in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 259% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s skyrocketed to $430K in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 321% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France32.051.089.216673.1%
NetherlandsN/AN/A39.056.945.9%
DenmarkN/AN/A7.231.1331.9%
Germany0.80.115.921.4199.1%
SwedenN/AN/A12.719.251.2%
Belgium5.38.014.714.740.5%
NorwayN/AN/A11.313.015.0%
SwitzerlandN/A0.18.910.7934.4%
United KingdomN/AN/A3.59.0157.1%
Others13.43.260.387.887.1%
Total51.662.4263430102.7%

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

  1. France (41.1K units)
  2. Belgium (4.1K units)
  3. Netherlands (2.8K units)
  4. United Kingdom (2.7K units)
  5. Germany (2.0K units)
  6. Denmark (1.8K units)
  7. Norway (1.3K units)
  8. Sweden (1.2K units)
  9. Switzerland (1.1K units)

Source: IndexBox Market Intelligence Platform

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