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

Contents:

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

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

In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.9 per unit, with a decrease of -39.2% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 7.3%. Over the period under review, average import prices attained the peak figure at $2.7 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1 per unit), while the price for Taiwan (Chinese) ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-9.7%), 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 Nepal (FOB) - 2022

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.5 per unit in 2022, waning by -16.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 55%. As a result, the export price attained the peak level of $4.6 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($2.8 per unit), while the average price for exports to Austria ($0.2 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 Denmark (-4.6%), while the prices for the other major destinations experienced a decline.

Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Nepal

In 2022, after two years of decline, there was significant growth in overseas purchases of blades; cutting, serrated or not, excluding those of heading no. 8208s, when their volume increased by 829% to 125K units. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s surged to $114K in 2022. Overall, imports enjoyed a resilient increase. 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 Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India53.644.916.983.515.9%
China14.210.13.021.915.5%
Others1.01.20.38.6104.9%
Total68.756.220.211418.4%

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

  1. India (103.3K units)
  2. China (21.2K units)

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

In 2022, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Nepal surged to 518 units, rising by 255% on 2021 figures. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 340% 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.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s surged to $791 in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark58.0157253696128.9%
PhilippinesN/AN/AN/A39.00%
France2.04.08.018.0108.0%
AustriaN/AN/AN/A15.00%
Thailand1.02.03.06.081.7%
OthersN/AN/A3.017.0466.7%
Total61.0163267791134.9%

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

  1. Denmark (248.0 units)
  2. Philippines (128.0 units)
  3. Austria (69.0 units)
  4. France (49.0 units)
  5. Thailand (20.0 units)

Source: IndexBox Market Intelligence Platform

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