Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Myanmar - 2023
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Myanmar (CIF) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Myanmar
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Myanmar (CIF) - 2022
In 2022, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $13 per unit, surging by 9.6% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for knives with cutting blades, serrated or not (including pruning knives)s increased by +17.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 65%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Spain ($39 per unit), while the price for Singapore ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Myanmar
In 2022, supplies from abroad of knives with cutting blades, serrated or not (including pruning knives)s was finally on the rise to reach 3K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a drastic downturn. Over the period under review, imports of attained the maximum at 3.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s surged to $38K in 2022. Over the period under review, imports, however, saw a mild contraction. Imports peaked at $39K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 29.0 | 17.9 | 14.7 | 28.9 | -0.1% |
India | 2.7 | 2.6 | 2.6 | 3.1 | 4.7% |
Spain | 4.1 | 3.3 | 2.9 | 3.0 | -9.9% |
Vietnam | 1.1 | 0.9 | 0.7 | 1.8 | 17.8% |
Singapore | 0.8 | 0.6 | 0.5 | 0.5 | -14.5% |
Others | 1.6 | 0.6 | 0.6 | 0.4 | -37.0% |
Total | 39.3 | 25.9 | 22.1 | 37.8 | -1.3% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Myanmar in 2022:
- China (2402.0 units)
- India (251.0 units)
- Vietnam (129.0 units)
- Spain (77.0 units)
- Singapore (66.0 units)
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