Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Serbia - 2024

Contents:

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

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

In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.9 per unit, increasing by 3.2% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.6% 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 -11.0% against 2013 indices. The most prominent rate of growth was recorded in 2013 an increase of 114% against the previous year. As a result, import price attained the peak level of $2.1 per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 Germany ($10 per unit), while the price for Russia ($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 China (+9.1%), 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 Serbia (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, jumping by 15% against the previous year. Overall, the export price showed a resilient increase. The growth pace was the most rapid in 2013 when the average export price increased by 246% against the previous year. Over the period under review, the average export prices hit record highs at $2.6 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Denmark ($3.8 per unit), while the average price for exports to the United Arab Emirates ($1 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 Russia (+29.2%), 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 Serbia

After three years of growth, supplies from abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -0.2% to 197K units in 2022. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 198K units, leveling off in the following year.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s rose slightly to $371K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +58.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China97.915215615717.1%
Germany57.649.392.276.29.8%
Japan8.220.249.869.5103.9%
Italy24.743.715.519.6-7.4%
United Kingdom10.011.516.612.57.7%
Turkey1.93.39.33.522.6%
RussiaN/AN/AN/A3.10%
Others33.421.020.729.8-3.7%
Total23430136137116.6%

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

  1. China (148.2K units)
  2. Japan (20.0K units)
  3. Germany (7.3K units)
  4. Italy (5.3K units)
  5. United Kingdom (4.4K units)
  6. Russia (3.7K units)
  7. Turkey (3.1K units)

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

Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Serbia contracted to 91K units in 2022, with a decrease of -9.1% against the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 9.2% against the previous year. As a result, the exports attained the peak of 100K units, and then declined in the following year.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $173K in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.9%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark11510410465.8-17.0%
Hungary2.62.33.130.5127.2%
Bosnia and Herzegovina16.013.119.624.014.5%
RussiaN/AN/AN/A23.30%
Moldova9.55.910.310.22.4%
Montenegro6.212.59.25.4-4.5%
North Macedonia4.75.55.74.0-5.2%
United Arab Emirates5.41.74.92.9-18.7%
Others4.25.48.47.320.2%
Total1641511651731.8%

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

  1. Hungary (28.2K units)
  2. Denmark (17.4K units)
  3. Bosnia and Herzegovina (14.9K units)
  4. Moldova (8.4K units)
  5. Russia (6.2K units)
  6. Montenegro (4.4K units)
  7. North Macedonia (3.2K units)
  8. United Arab Emirates (2.8K units)

Source: IndexBox Market Intelligence Platform

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