Price for Knives with Cutting Blades in Azerbaijan - 2023
Contents:
- Price for Knives with Cutting Blades in Azerbaijan (CIF) - 2022
- Price for Knives with Cutting Blades in Azerbaijan (FOB) - 2022
- Imports of Knives with Cutting Blades in Azerbaijan
- Exports of Knives with Cutting Blades in Azerbaijan
Price for Knives with Cutting Blades in Azerbaijan (CIF) - 2022
The average knives with cutting blades import price stood at $0.6 per unit in 2022, growing by 9.6% against the previous year. In general, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 40%. The import price peaked at $4 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1 per unit), while the price for China totaled $0.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-11.3%).
Price for Knives with Cutting Blades in Azerbaijan (FOB) - 2022
The average knives with cutting blades export price stood at $0.5 per unit in 2022, with a decrease of -41.4% against the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 233%. The export price peaked at $13 per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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 Norway ($8.1 per unit), while the average price for exports to Russia ($0.4 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 Norway (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Azerbaijan
In 2022, the amount of knives with cutting bladeses imported into Azerbaijan contracted to 2.5M units, falling by -9.8% on the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% 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 +37.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of 2.8M units, and then shrank in the following year.
In value terms, knives with cutting blades imports shrank slightly to $1.5M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of $1.5M, and then dropped slightly in the following year.
| Import of Knives with Cutting Blades in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 866 | 691 | 904 | 916 | 1.9% |
| Turkey | 244 | 140 | 309 | 294 | 6.4% |
| Others | 173 | 146 | 294 | 280 | 17.4% |
| Total | 1,283 | 977 | 1,508 | 1,490 | 5.1% |
Top Suppliers of Knives with Cutting Blades to Azerbaijan in 2022:
- China (2133.5K units)
- Turkey (296.2K units)
Exports of Knives with Cutting Blades in Azerbaijan
In 2022, knives with cutting blades exports from Azerbaijan soared to 13K units, rising by 127% against the previous year's figure. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 218%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, knives with cutting blades exports surged to $5.9K in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Knives with Cutting Blades in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 2.0 | 5.5 | 175.0% |
| Turkey | N/A | 5.0 | N/A | 0.1 | -85.9% |
| Austria | N/A | N/A | 0.2 | N/A | 0% |
| United Kingdom | 4.2 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 0.4 | 2.2 | 0.3 | -38.7% |
| Total | 5.5 | 5.5 | 4.5 | 5.9 | 2.4% |
Top Export Markets for Knives with Cutting Blades from Azerbaijan in 2022:
- United Kingdom (undefinedK units)
- Russia (12.4K units)
- Turkey (0.1K units)
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