Price for Knives with Cutting Blades in Myanmar - 2022
Contents:
- Price for Knives with Cutting Blades in Myanmar (CIF) - 2022
- Price for Knives with Cutting Blades in Myanmar (FOB) - 2022
- Imports of Knives with Cutting Blades in Myanmar
- Exports of Knives with Cutting Blades in Myanmar
Price for Knives with Cutting Blades in Myanmar (CIF) - 2022
In 2022, the average knives with cutting blades import price amounted to $0.4 per unit, waning by -33.5% against the previous year. Over the period under review, the import price recorded a dramatic decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 317% against the previous year. The import price peaked at $3.8 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($0.4 per unit), while the price for China ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-9.6%), while the prices for the other major suppliers experienced a decline.
Price for Knives with Cutting Blades in Myanmar (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $0.1 per unit, which is down by -97.6% against the previous year. In general, the export price showed a sharp decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 58%. Over the period under review, the average export prices hit record highs at $2.9 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -9.3% per year.
Imports of Knives with Cutting Blades in Myanmar
In 2022, after two years of decline, there was significant growth in overseas purchases of knives with cutting bladeses, when their volume increased by 127% to 1.2M units. Overall, imports, however, showed a slight slump. Imports peaked at 1.2M units in 2019; afterwards, it flattened through to 2022.
In value terms, knives with cutting blades imports surged to $434K in 2022. Over the period under review, imports, however, showed a noticeable downturn. Imports peaked at $492K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Knives with Cutting Blades in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 279 | 133 | 189 | 322 | 4.9% |
| Thailand | 43.4 | 73.7 | 61.4 | 92.9 | 28.9% |
| India | 82.3 | 41.5 | 27.3 | 7.2 | -55.6% |
| Others | 87.2 | 169 | 10.0 | 11.7 | -48.8% |
| Total | 492 | 417 | 288 | 434 | -4.1% |
Top Suppliers of Knives with Cutting Blades to Myanmar in 2022:
- China (881.3K units)
- Thailand (252.8K units)
- India (16.7K units)
Exports of Knives with Cutting Blades in Myanmar
In 2022, shipments abroad of knives with cutting bladeses increased by 6,465% to 38K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt setback. Over the period under review, the exports hit record highs at 50K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, knives with cutting blades exports surged to $2K in 2022. In general, exports, however, faced a precipitous slump. The exports peaked at $54K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Knives with Cutting Blades in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 2.0 | 0% |
| Thailand | 54.1 | 0.7 | N/A | N/A | -98.7% |
| Others | N/A | 1.1 | 1.3 | N/A | 18.2% |
| Total | 54.2 | 1.8 | 1.3 | 2.0 | -66.7% |
Top Export Markets for Knives with Cutting Blades from Myanmar in 2022:
- South Korea (37.6K units)
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