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

Contents:

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

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

The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $13 per unit in 2022, almost unchanged from the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.5% 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 +29.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($13 per unit) and Germany ($13 per unit), while the price for the Czech Republic ($12 per unit) and Italy ($12 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.4%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $15 per unit, which is down by -13.1% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for knives with cutting blades, serrated or not (including pruning knives)s increased by +6.4% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 66%. As a result, the export price attained the peak level of $21 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($48 per unit), while the average price for exports to Australia ($5.4 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 France (+15.9%), 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 Vietnam

In 2022, the amount of knives with cutting blades, serrated or not (including pruning knives)s imported into Vietnam surged to 424K units, growing by 74% compared with the previous year's figure. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 278%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s surged to $5.4M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 292%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5594742,8125,286111.5%
Czech Republic29.928.311042.112.1%
Germany45.140.996.513.2-33.6%
Italy27.31869.82.8-53.2%
Others14655.650.528.8-41.8%
Total8087853,0795,37388.0%

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

  1. China (416.9K units)
  2. Czech Republic (3.4K units)
  3. Germany (1.0K units)
  4. Italy (0.2K units)

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

In 2022, approx. 69K units of knives with cutting blades, serrated or not (including pruning knives)s were exported from Vietnam; falling by -18% against 2021 figures. In general, exports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 121%. As a result, the exports reached the peak of 84K units, and then shrank notably in the following year.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s contracted dramatically to $1M in 2022. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 185% against the previous year. As a result, the exports attained the peak of $1.4M, and then contracted significantly in the following year.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands64.966.611140183.5%
AustraliaN/A1.3N/A146959.8%
Germany45.70.247.010431.5%
China11079.127079.4-10.3%
France18.0N/A16.267.855.6%
New Zealand0.20.525839.8483.8%
DenmarkN/AN/A12338.1-69.0%
Czech Republic0.10.34.227.5550.3%
United Kingdom31.617066.921.8-11.6%
Canada13410.485.010.2-57.6%
United States45.512.01364.5-53.8%
Spain60.246.11033.2-62.4%
Norway153N/AN/A0.3-87.5%
Others87.010819361.1-11.1%
Total7494951,4121,00510.3%

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

  1. Australia (26.9K units)
  2. Netherlands (23.6K units)
  3. Germany (4.4K units)
  4. China (2.6K units)
  5. New Zealand (2.0K units)
  6. Denmark (1.9K units)
  7. Czech Republic (1.5K units)
  8. France (1.4K units)
  9. United Kingdom (0.6K units)
  10. Canada (0.5K units)
  11. Spain (0.3K units)
  12. United States (0.2K units)

Source: IndexBox Market Intelligence Platform

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