Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.4 per unit, picking up by 63% against the previous year. In general, the import price, however, saw a slight shrinkage. Over the period under review, average import prices hit record highs at $1.8 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Taiwan (Chinese) ($12 per unit), while the price for South Korea ($0.1 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) (+15.7%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $4.3 per unit, surging by 14% against the previous year. Over the period under review, the export price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 78% against the previous year. Over the period under review, the average export prices reached the peak figure at $4.8 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($15 per unit), while the average price for exports to Seychelles ($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 Ethiopia (+17.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka
In 2022, overseas purchases of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -72.1% to 30K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp decline. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of 152K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s dropped significantly to $42K in 2022. Over the period under review, imports saw a sharp setback. The pace of growth appeared the most rapid in 2020 when imports increased by 21%. As a result, imports attained the peak of $125K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 8.8 | 12.0 | 8.8 | 6.6 | -9.1% |
| China | 18.5 | 37.0 | 32.3 | 5.4 | -33.7% |
| India | 11.4 | 18.8 | 15.9 | 5.3 | -22.5% |
| Japan | 7.2 | 6.0 | 10.7 | 1.6 | -39.4% |
| Malaysia | 1.2 | 0.3 | 0.5 | 1.5 | 7.7% |
| Thailand | 0.3 | 0.6 | 0.7 | 1.5 | 71.0% |
| United Kingdom | 22.8 | 1.6 | 1.5 | 1.3 | -61.5% |
| South Korea | 0.9 | 1.1 | 0.8 | 0.5 | -17.8% |
| Taiwan (Chinese) | 0.7 | 21.0 | 0.4 | 0.4 | -17.0% |
| Others | 31.9 | 26.6 | 21.7 | 18.3 | -16.9% |
| Total | 104 | 125 | 93.2 | 42.5 | -25.8% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Sri Lanka in 2022:
- Hong Kong SAR (9.7K units)
- China (9.2K units)
- South Korea (3.8K units)
- India (2.4K units)
- Malaysia (0.7K units)
- Japan (0.5K units)
- United Kingdom (0.5K units)
- Thailand (0.5K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Sri Lanka
In 2022, overseas shipments of blades; cutting, serrated or not, excluding those of heading no. 8208s were finally on the rise to reach 1.1K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt setback. Over the period under review, the exports of attained the peak figure at 1.3K 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 soared to $4.8K in 2022. Over the period under review, exports showed resilient growth. As a result, the exports attained 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 Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 913 | 724 | 104 | 1,697 | 23.0% |
| United States | N/A | N/A | N/A | 1,407 | 0% |
| Kenya | N/A | N/A | 11.0 | 1,055 | 9490.9% |
| Ethiopia | 1,726 | 580 | 52.0 | 345 | -41.5% |
| Maldives | 343 | 190 | 2.0 | 68.0 | -41.7% |
| Seychelles | 2.0 | 58.0 | 4.0 | 26.0 | 135.1% |
| Thailand | 927 | 189 | 2.0 | 17.0 | -73.6% |
| Tanzania | N/A | 487 | N/A | N/A | 0% |
| Others | N/A | 65.0 | N/A | 223 | 85.2% |
| Total | 3,911 | 2,293 | 175 | 4,838 | 7.3% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Sri Lanka in 2022:
- United States (523.0 units)
- India (317.0 units)
- Seychelles (104.0 units)
- Kenya (100.0 units)
- Thailand (40.0 units)
- Maldives (23.0 units)
- Ethiopia (23.0 units)
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