Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines - 2023
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines (CIF) - 2022
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines (CIF) - 2022
The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $12 per unit in 2022, rising by 4.5% against the previous year. Overall, the import price saw a prominent increase. The growth pace was the most rapid in 2016 when the average import price increased by 67%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($12 per unit) and Germany ($12 per unit), while the price for the United States ($12 per unit) and Japan ($12 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+76.3%), 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 the Philippines (FOB) - 2022
The average export price for knives with cutting blades, serrated or not (including pruning knives)s stood at $15 per unit in 2022, declining by -7.9% against the previous year. In general, the export price, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 127% against the previous year. Over the period under review, the average export prices reached the peak figure at $31 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($15 per unit), while the average price for exports to Singapore ($15 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 American Samoa (+13.6%), while the prices for the other major destinations experienced a decline.
Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines
In 2022, imports of knives with cutting blades, serrated or not (including pruning knives)s into the Philippines soared to 33K units, growing by 45% against the previous year's figure. Overall, imports, however, showed a abrupt decrease. Over the period under review, imports of attained the peak figure at 47K 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 $414K in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 274 | 159 | 195 | 363 | 9.8% |
| Japan | 47.7 | 9.8 | 13.3 | 12.9 | -35.3% |
| Brazil | 4.1 | 0.8 | 2.5 | 11.2 | 39.8% |
| Germany | 28.9 | 10.2 | 22.4 | 10.0 | -29.8% |
| United States | 19.9 | 6.9 | 32.3 | 8.0 | -26.2% |
| Others | 38.0 | 6.6 | 8.0 | 8.5 | -39.3% |
| Total | 413 | 193 | 273 | 414 | 0.1% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to the Philippines in 2022:
- China (29.2K units)
- Japan (1.0K units)
- Brazil (0.9K units)
- Germany (0.8K units)
- United States (0.6K units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines
Exports of knives with cutting blades, serrated or not (including pruning knives)s from the Philippines soared to 104 units in 2022, picking up by 395% compared with the year before. Overall, exports, however, showed a sharp setback. Over the period under review, the exports of reached the peak figure at 9.7K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s soared to $1.5K in 2022. Over the period under review, exports, however, showed a dramatic shrinkage. Over the period under review, the exports of reached the peak figure at $288K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guam | N/A | N/A | N/A | 1.2 | 0% |
| Fiji | 23.3 | 43.5 | 0.2 | 0.2 | -79.5% |
| Singapore | N/A | N/A | N/A | 0.1 | 0% |
| American Samoa | 219 | 244 | 0.2 | N/A | -97.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 242 | 288 | 0.3 | 1.5 | -81.6% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from the Philippines in 2022:
- Guam (84.0 units)
- Fiji (15.0 units)
- Singapore (5.0 units)
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