Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates (CIF) - 2022
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.3 per unit in 2022, with an increase of 14% against the previous year. In general, the import price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 207% against the previous year. The import price peaked at $1.9 per unit in 2012; however, from 2013 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 Germany ($5 per unit), while the price for Ghana (less than $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 Bahrain (+5.1%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.7 per unit, increasing by 88% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. Over the period under review, the average export prices reached the maximum at $1.9 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Oman ($1.6 per unit), while the average price for exports to Angola ($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 Rwanda (+2.7%), 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 the United Arab Emirates
In 2022, purchases abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -7.2% to 1.6M units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports attained the peak of 2.1M units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s rose notably to $2.1M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 7.9%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 351 | 417 | 654 | 781 | 30.6% |
| Japan | 655 | 294 | 804 | 475 | -10.2% |
| Belgium | 160 | 203 | 79.5 | 302 | 23.6% |
| Germany | 190 | 145 | 194 | 167 | -4.2% |
| United States | 213 | 35.2 | 43.3 | 155 | -10.1% |
| South Korea | 340 | 467 | 78.8 | 88.6 | -36.1% |
| Ghana | N/A | N/A | N/A | 2.6 | 0% |
| Saudi Arabia | N/A | N/A | 14.8 | N/A | 0% |
| Others | 109 | 285 | 126 | 133 | 6.9% |
| Total | 2,017 | 1,848 | 1,994 | 2,105 | 1.4% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to the United Arab Emirates in 2022:
- China (812.7K units)
- Japan (240.7K units)
- Belgium (155.7K units)
- South Korea (136.4K units)
- Ghana (117.9K units)
- United States (53.3K units)
- Germany (33.0K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates
In 2022, overseas shipments of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -78% to 200K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 166%. As a result, the exports attained the peak of 912K units, and then reduced dramatically in the following year.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s shrank markedly to $139K in 2022. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 125% against the previous year. As a result, the exports attained the peak of $336K, and then declined markedly in the following year.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 22.8 | 16.3 | 37.3 | 67.9 | 43.9% |
| Kenya | 6.1 | 1.7 | 1.1 | 36.1 | 80.9% |
| Mozambique | N/A | 0.1 | N/A | 8.0 | 794.4% |
| Angola | 19.2 | 4.9 | 33.1 | 5.5 | -34.1% |
| Ethiopia | 3.3 | N/A | 2.1 | 5.1 | 15.6% |
| Rwanda | 5.1 | 2.0 | 9.8 | 2.6 | -20.1% |
| Ghana | 17.0 | N/A | 8.2 | 1.1 | -59.9% |
| Nigeria | N/A | N/A | 34.9 | N/A | 0% |
| Iran | 14.5 | 108 | 190 | N/A | 262.0% |
| Others | 18.6 | 16.2 | 19.1 | 12.3 | -12.9% |
| Total | 107 | 149 | 336 | 139 | 9.1% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from the United Arab Emirates in 2022:
- Kenya (90.7K units)
- Oman (42.5K units)
- Angola (28.8K units)
- Mozambique (15.6K units)
- Rwanda (7.1K units)
- Ethiopia (4.9K units)
- Ghana (3.9K units)
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