Price for Knives with Cutting Blades in Indonesia - 2022

Contents:

  1. Price for Knives with Cutting Blades in Indonesia (CIF) - 2022
  2. Price for Knives with Cutting Blades in Indonesia (FOB) - 2022
  3. Imports of Knives with Cutting Blades in Indonesia
  4. Exports of Knives with Cutting Blades in Indonesia

Price for Knives with Cutting Blades in Indonesia (CIF) - 2022

In 2022, the average knives with cutting blades import price amounted to $0.7 per unit, with an increase of 84% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Singapore ($3.1 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knives with Cutting Blades in Indonesia (FOB) - 2022

In 2022, the average knives with cutting blades export price amounted to $1.6 per unit, rising by 6.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 38%. Over the period under review, the average export prices reached the maximum at $2 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2.6 per unit), while the average price for exports to Slovakia ($0.8 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 the United States (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives with Cutting Blades in Indonesia

After three years of growth, purchases abroad of knives with cutting bladeses decreased by -16.6% to 54M units in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +44.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports attained the peak of 65M units, and then dropped significantly in the following year.

In value terms, knives with cutting blades imports skyrocketed to $37M in 2022. In general, imports, however, enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Knives with Cutting Blades in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.410.716.224.829.6%
South Korea3.83.84.67.022.6%
Others2.02.92.94.733.0%
Total17.217.523.736.528.5%

Top Suppliers of Knives with Cutting Blades to Indonesia in 2022:

  1. China (46.7M units)
  2. South Korea (5.5M units)

Exports of Knives with Cutting Blades in Indonesia

In 2022, overseas shipments of knives with cutting bladeses decreased by -8.8% to 509K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 558K units, and then declined in the following year.

In value terms, knives with cutting blades exports fell slightly to $825K in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $846K, and then declined in the following year.

Export of Knives with Cutting Blades in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30.2105269249102.0%
Italy10014920118623.0%
Switzerland82.821185.211110.3%
United States62.042.972.066.62.4%
Slovakia7.97.056.051.787.0%
China1254.40.537.9-32.8%
Costa Rica50.918.728.528.9-17.2%
Czech Republic96.8N/AN/AN/A0%
Others86.912413394.02.7%
Total6426628468258.7%

Top Export Markets for Knives with Cutting Blades from Indonesia in 2022:

  1. Germany (131.0K units)
  2. Italy (129.8K units)
  3. Switzerland (80.2K units)
  4. Slovakia (62.9K units)
  5. United States (25.8K units)
  6. Costa Rica (19.7K units)
  7. China (15.3K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Knives; with cutting blades, serrated or not (including pruning knives), other than knives of heading no. 8208, and blades therefor - Indonesia