Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine - 2023

Contents:

  1. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine (CIF) - 2023
  2. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine (FOB) - 2022
  3. Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine
  4. Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine (CIF) - 2023

The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.3 per unit in December 2023, shrinking by -18.4% against the previous month. Overall, the import price, however, enjoyed resilient growth. The growth pace was the most rapid in November 2023 an increase of 139% month-to-month. As a result, import price reached the peak level of $1.6 per unit, and then reduced sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($2.6 per unit), while the price for China stood at $967 per thousand units.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+5.0%).

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

The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $0.9 per unit in 2022, with a decrease of -18.4% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 436%. As a result, the export price reached the peak level of $6.8 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($2.5 per unit), while the average price for exports to Moldova ($0.6 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 Moldova (+1.9%), 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 Ukraine

In 2022, overseas purchases of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -29.8% to 1.2M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 13%. Imports peaked at 1.8M units in 2021, and then contracted notably in the following year.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s dropped markedly to $866K in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $1.2M, and then declined remarkably in the following year.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6718099467051.7%
United Kingdom89.498.511776.3-5.1%
Others11412817284.2-9.6%
Total8741,0351,234866-0.3%

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

  1. China (1178.6K units)
  2. United Kingdom (36.8K units)

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

Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Ukraine reduced notably to 8.7K units in 2022, falling by -22.7% on the year before. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1.1% against the previous year. The exports peaked at 38K 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 declined sharply to $7.5K in 2022. Over the period under review, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. Over the period under review, the exports of hit record highs at $29K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova1.22.12.33.542.9%
Poland0.40.20.41.555.4%
LatviaN/AN/AN/A1.00%
GeorgiaN/AN/AN/A0.40%
ArmeniaN/AN/A1.10.4-63.6%
Belarus27.22.21.70.3-77.7%
AzerbaijanN/A1.00.50.2-55.3%
Russia0.10.71.1N/A231.7%
Others0.10.24.90.344.2%
Total29.06.412.07.5-36.3%

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

  1. Moldova (6.1K units)
  2. Poland (1.0K units)
  3. Belarus (0.4K units)
  4. Latvia (0.4K units)
  5. Azerbaijan (0.2K units)
  6. Georgia (0.2K units)
  7. Armenia (0.1K units)

Source: IndexBox Market Intelligence Platform

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