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

Contents:

  1. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Saudi Arabia (FOB) - 2022
  2. Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Saudi Arabia

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

In 2021, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $4.9 per unit, shrinking by -27.5% against the previous year. Overall, the export price faced a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of 31% against the previous year. As a result, the export price reached the peak level of $11 per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($13 per unit), while the average price for exports to Kuwait ($2.6 per unit) was amongst the lowest.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+116.2%).

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

In 2022, shipments abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -3.4% to 1.9K units, falling for the second year in a row after two years of growth. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 400%. As a result, the exports reached the peak of 2.7K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s shrank notably to $7.1K in 2022. In general, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 208% against the previous year. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Saudi Arabia (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
KuwaitN/A6.90%
United Arab EmiratesN/A2.40%
Bahrain18.20.5-97.3%
OthersN/AN/A0%
Total18.29.9-45.6%

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

  1. Kuwait (2.7K units)
  2. United Arab Emirates (0.5K units)

Source: IndexBox Market Intelligence Platform

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