Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand - 2024
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand (CIF) - 2024
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand (CIF) - 2024
In January 2024, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.2 per unit, jumping by 30% against the previous month. In general, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in August 2023 an increase of 83% m-o-m. Over the period under review, average import prices attained the maximum at $2.9 per unit in May 2023; however, from June 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($19.7 per unit), while the price for China ($625 per thousand units) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), 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 Thailand (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2 per unit in 2022, surging by 3.5% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $5.9 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($23 per unit), while the average price for exports to Malaysia ($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 Japan (+7.9%), 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 Thailand
In 2022, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Thailand rose modestly to 4M units, increasing by 2.3% against 2021. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s reduced to $7.6M in 2022. Over the period under review, imports, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 8.5%. Over the period under review, imports of attained the maximum at $8.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.1 | 0.5 | 1.0 | 2.6 | 33.2% |
| Japan | 2.4 | 3.1 | 3.6 | 2.1 | -4.4% |
| China | 3.2 | 1.8 | 1.4 | 1.4 | -24.1% |
| United Kingdom | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| United States | 0.6 | 0.3 | 0.2 | 0.2 | -30.7% |
| Others | 1.1 | 1.1 | 1.1 | 0.9 | -6.5% |
| Total | 8.8 | 7.1 | 7.8 | 7.6 | -4.8% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Thailand in 2022:
- China (2420.4K units)
- Taiwan (Chinese) (761.9K units)
- Japan (399.9K units)
- United Kingdom (300.0K units)
- United States (45.8K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand
Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Thailand contracted slightly to 321K units in 2022, which is down by -4.2% on the year before. In general, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 6.3% against the previous year. Over the period under review, the exports of hit record highs at 610K 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 contracted to $640K in 2022. Over the period under review, exports saw a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 5.1%. The exports peaked at $1.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 205 | 107 | 109 | 121 | -16.1% |
| Portugal | 121 | 127 | 136 | 106 | -4.3% |
| Myanmar | 151 | 49.6 | 87.9 | 73.0 | -21.5% |
| Indonesia | 28.4 | 5.1 | 7.4 | 46.2 | 17.6% |
| Lao People's Democratic Republic | 32.1 | 36.5 | 58.4 | 45.2 | 12.1% |
| United States | 11.8 | 2.5 | 88.0 | 29.6 | 35.9% |
| Vietnam | 21.8 | 21.5 | 24.5 | 29.2 | 10.2% |
| Taiwan (Chinese) | 0.1 | 0.6 | 3.4 | 27.5 | 550.3% |
| Philippines | 13.8 | 22.9 | 12.1 | 24.9 | 21.7% |
| Canada | N/A | 0.3 | 0.1 | 9.1 | 450.8% |
| Cambodia | 82.8 | 6.6 | 2.5 | 5.4 | -59.7% |
| Sri Lanka | 43.6 | 20.9 | N/A | 2.6 | -60.9% |
| Sweden | 258 | N/A | N/A | N/A | 0% |
| Others | 295 | 213 | 116 | 121 | -25.7% |
| Total | 1,265 | 614 | 645 | 640 | -20.3% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Thailand in 2022:
- Malaysia (115.6K units)
- Myanmar (57.6K units)
- Lao People's Democratic Republic (41.6K units)
- Portugal (29.7K units)
- Indonesia (13.8K units)
- Vietnam (13.8K units)
- United States (7.5K units)
- Philippines (6.3K units)
- Taiwan (Chinese) (5.9K units)
- Canada (5.8K units)
- Cambodia (4.2K units)
- Sri Lanka (0.7K units)
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