Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka - 2022
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka (CIF) - 2022
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka (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, rising by 13% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.6% 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 +4.4% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 86% against the previous year. Over the period under review, average import prices attained the peak figure 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 India ($38 per unit), while the price for Hungary ($1.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+57.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka (FOB) - 2022
In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $11 per unit, dropping by -32% against the previous year. Over the period under review, the export price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2015 an increase of 46% against the previous year. Over the period under review, the average export prices attained the maximum at $17 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($25 per unit), while the average price for exports to Ireland ($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 the Netherlands (+93.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in supplies from abroad of knives with cutting blades, serrated or not (including pruning knives)s, which decreased by -64.7% to 185 units in 2022. Over the period under review, imports faced a precipitous decline. The smallest decline of -32.6% was in 2021. Imports peaked at 1.6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s fell remarkably to $2.4K in 2022. In general, imports showed a dramatic decline. The smallest decline of -37.5% was in 2021. Imports peaked at $17K 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 Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 6.9 | 5.3 | 2.8 | 2.0 | -33.8% |
| Brazil | 0.9 | 0.2 | N/A | 0.1 | -51.9% |
| China | 3.8 | 0.6 | 2.8 | 0.1 | -70.3% |
| Hong Kong SAR | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Hungary | 0.6 | 0.5 | 0.1 | N/A | -59.2% |
| Swaziland | N/A | 0.8 | N/A | N/A | 0% |
| United Kingdom | 2.9 | 1.1 | N/A | N/A | -62.1% |
| United States | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Turkey | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Others | 1.1 | 0.6 | 0.2 | 0.1 | -55.0% |
| Total | 17.3 | 9.5 | 5.9 | 2.4 | -48.2% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Sri Lanka in 2022:
- Switzerland (110.0 units)
- Brazil (20.0 units)
- China (13.0 units)
- Hungary (12.0 units)
- Turkey (8.0 units)
- Hong Kong SAR (4.0 units)
- United States (3.0 units)
- United Kingdom (1.0 units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka
In 2022, approx. 5 units of knives with cutting blades, serrated or not (including pruning knives)s were exported from Sri Lanka; with a decrease of -44.4% on the previous year's figure. In general, exports showed a dramatic curtailment. The smallest decline of -35.7% was in 2021. The exports peaked at 25 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s declined dramatically to $54 in 2022. Overall, exports faced a precipitous slump. The smallest decline of -39.4% was in 2021. The exports peaked at $392 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 209 | 102 | 4.0 | 25.0 | -50.7% |
| Canada | 21.0 | 60.0 | 3.0 | 24.0 | 4.6% |
| Seychelles | N/A | N/A | N/A | 3.0 | 0% |
| Ireland | N/A | N/A | N/A | 1.0 | 0% |
| Maldives | 6.0 | 4.0 | 2.0 | 1.0 | -45.0% |
| Netherlands | 112 | N/A | N/A | N/A | 0% |
| South Africa | 39.0 | N/A | N/A | N/A | 0% |
| Singapore | N/A | 70.0 | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 134 | N/A | 0% |
| Others | 5.0 | N/A | N/A | N/A | 0% |
| Total | 392 | 236 | 143 | 54.0 | -48.4% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Sri Lanka in 2022:
- United Kingdom (1.0 units)
- Canada (1.0 units)
- Maldives (1.0 units)
- Ireland (1.0 units)
- Seychelles (1.0 units)
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