Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Dominican Republic - 2023

Contents:

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

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

The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $8.9 per unit in 2022, surging by 33% against the previous year. In general, the import price, however, saw a slight shrinkage. The import price peaked at $10 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($21 per unit), while the price for Panama ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), 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 the Dominican Republic (FOB) - 2022

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $1.9 per unit, dropping by -48.7% against the previous year. Over the period under review, the export price saw a mild setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 118%. Over the period under review, the average export prices attained the maximum at $9.7 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($14 per unit), while the average price for exports to Cuba ($0.5 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 (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Dominican Republic

After three years of growth, supplies from abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -4.7% to 70K units in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 111%. Over the period under review, imports of attained the peak figure at 73K units in 2021, and then declined slightly in the following year.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s soared to $624K in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 71%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14227835840842.2%
Colombia2.76.817.1118252.2%
Spain29.243.775.434.15.3%
Belgium2.11.010.210.973.1%
Sweden4.65.56.610.230.4%
Brazil11.310.47.58.1-10.5%
Panama0.85.15.01.626.0%
Others16.17.513.432.826.8%
Total20935849362444.0%

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

  1. China (47.4K units)
  2. Colombia (11.6K units)
  3. Spain (4.2K units)
  4. Sweden (2.1K units)
  5. Belgium (1.3K units)
  6. Panama (0.9K units)
  7. Brazil (0.8K units)

Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Dominican Republic

In 2022, exports of knives with cutting blades, serrated or not (including pruning knives)s from the Dominican Republic dropped dramatically to 12 units, which is down by -78.9% on the previous year's figure. Over the period under review, exports faced a sharp decline. The growth pace was the most rapid in 2021 with an increase of 470%. The exports peaked at 138 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 fell rapidly to $23 in 2022. Overall, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 395% against the previous year. Over the period under review, the exports of attained the maximum at $651 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti57836.018514.0-71.1%
Cuba62.04.020.02.0-68.2%
JamaicaN/AN/AN/A1.00%
Czech RepublicN/AN/AN/A1.00%
Costa Rica4.01.01.01.0-37.0%
United States5.01.01.01.0-41.5%
GuatemalaN/AN/AN/A1.00%
Peru2.01.01.01.0-20.6%
Turks and Caicos IslandsN/AN/AN/A1.00%
SwedenN/AN/A4.0N/A0%
OthersN/AN/A1.0N/A0%
Total65143.021323.0-67.2%

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

  1. Cuba (4.0 units)
  2. Jamaica (1.0 units)
  3. Czech Republic (1.0 units)
  4. Costa Rica (1.0 units)
  5. United States (1.0 units)
  6. Guatemala (1.0 units)
  7. Peru (1.0 units)
  8. Haiti (1.0 units)
  9. Turks and Caicos Islands (1.0 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 - Dominican Republic