Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador - 2022

Contents:

  1. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador (CIF) - 2022
  2. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador (FOB) - 2022
  3. Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador
  4. Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador (CIF) - 2022

In 2022, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $11 per unit, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2020 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($18 per unit), while the price for China ($5.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador (FOB) - 2022

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $2.6 per unit, declining by -24.9% against the previous year. Over the period under review, the export price saw a abrupt descent. The growth pace was the most rapid in 2019 when the average export price increased by 10%. The export price peaked at $12 per unit in 2012; however, from 2013 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 Peru ($6.7 per unit), while the average price for exports to Costa Rica ($1.1 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 Costa Rica (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador

In 2022, the amount of knives with cutting blades, serrated or not (including pruning knives)s imported into Ecuador dropped notably to 80K units, falling by -25.9% compared with the previous year. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 146%. As a result, imports attained the peak of 108K units, and then contracted rapidly in the following year.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s fell markedly to $857K in 2022. Overall, imports, however, saw a noticeable increase. The growth pace was the most rapid in 2021 with an increase of 136%. As a result, imports reached the peak of $1M, and then contracted dramatically in the following year.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4652226005213.9%
China2351493442674.3%
Mexico9.310.713.215.719.1%
Spain1.02.619.312.4131.5%
Others44.849.847.640.9-3.0%
Total7554351,0248574.3%

Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Ecuador in 2022:

  1. China (44.9K units)
  2. Brazil (29.6K units)
  3. Mexico (1.5K units)
  4. Spain (1.4K units)

Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador

For the fourth consecutive year, Ecuador recorded growth in shipments abroad of knives with cutting blades, serrated or not (including pruning knives)s, which increased by 907% to 1.1K units in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s skyrocketed to $2.8K in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 676% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuatemalaN/AN/AN/A1,5960%
Peru35.0242309942199.7%
Costa Rica1.018.055.0212496.3%
Others1.027.0N/AN/A2600.0%
Total37.02873642,750320.4%

Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Ecuador in 2022:

  1. Guatemala (731.0 units)
  2. Costa Rica (195.0 units)
  3. Peru (141.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Knives; with cutting blades, serrated or not (including pruning knives), sets of assorted articles, excluding knives and blades of heading no. 8208 - Ecuador