Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $2.2 per unit, with an increase of 6.8% against the previous year. Over the period under review, the import price, however, showed a slight decrease. The import price peaked at $2.7 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2.2 per unit) and Japan ($2.2 per unit), while the price for China ($2.2 per unit) and Germany ($2.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.9%), while the prices for the other major suppliers experienced a decline.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.9 per unit, with a decrease of -5.1% against the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of 23% against the previous year. As a result, the export price attained the peak level of $3.5 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.6% per year.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico
In 2022, approx. 4.6M units of blades; cutting, serrated or not, excluding those of heading no. 8208s were imported into Mexico; increasing by 18% on the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s skyrocketed to $10M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +52.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.4 | 3.7 | 4.5 | 5.2 | 15.2% |
| China | 1.8 | 1.7 | 2.1 | 3.1 | 19.9% |
| Japan | 0.9 | 0.6 | 0.8 | 0.9 | 0.0% |
| Germany | 0.7 | 0.5 | 0.5 | 0.8 | 4.6% |
| Others | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Total | 7.2 | 6.8 | 8.3 | 10.4 | 13.0% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Mexico in 2022:
- United States (2320.5K units)
- China (1398.9K units)
- Japan (390.3K units)
- Germany (378.1K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico
In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s exported from Mexico rose slightly to 3.3M units, increasing by 1.6% on 2021 figures. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 +64.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 62%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s contracted slightly to $6.4M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports attained the peak of $6.7M, and then contracted in the following year.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 5.6 | 6.6 | 6.3 | 0.5% |
| Others | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Total | 6.5 | 5.9 | 6.7 | 6.4 | -0.5% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Mexico in 2022:
- United States (3.2M units)
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