Price for Knives; with Handles of Base Metal in Finland - 2023

Contents:

  1. Price for Knives; with Handles of Base Metal in Finland (FOB) - 2022
  2. Price for Knives; with Handles of Base Metal in Finland (CIF) - 2022
  3. Exports of Knives; with Handles of Base Metal in Finland
  4. Imports of Knives; with Handles of Base Metal in Finland

Price for Knives; with Handles of Base Metal in Finland (FOB) - 2022

The average export price for knives; with handles of base metals stood at $7.6 per unit in 2022, with an increase of 44% against the previous year. Over the period under review, the export price posted a tangible increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 489%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Brazil ($55 per unit), while the average price for exports to Sweden ($2.5 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 Brazil (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Knives; with Handles of Base Metal in Finland (CIF) - 2022

In 2022, the average import price for knives; with handles of base metals amounted to $3.5 per unit, declining by -29% against the previous year. Overall, the import price, however, continues to indicate a noticeable increase. The growth pace was the most rapid in 2016 when the average import price increased by 138%. The import price peaked at $5 per unit in 2021, and then contracted remarkably in the following year.

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 ($30 per unit), while the price for Poland ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Knives; with Handles of Base Metal in Finland

For the fourth year in a row, Finland recorded growth in shipments abroad of knives; with handles of base metals, which increased by 18% to 6.9K units in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 310% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of knives; with handles of base metals surged to $52K in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 273%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Knives; with Handles of Base Metal in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.74.49.819.6125.9%
JapanN/AN/AN/A13.70%
Estonia0.36.19.36.1172.9%
Latvia0.32.72.44.2141.0%
LithuaniaN/A1.22.22.852.8%
Norway0.91.71.70.8-3.9%
Sweden0.30.40.50.410.1%
Others1.62.54.64.339.0%
Total5.118.930.651.9116.7%

Top Export Markets for Knives; with Handles of Base Metal from Finland in 2022:

  1. Estonia (1967.0 units)
  2. United States (1424.0 units)
  3. Latvia (1312.0 units)
  4. Lithuania (851.0 units)
  5. Japan (605.0 units)
  6. Norway (154.0 units)
  7. Sweden (144.0 units)

Imports of Knives; with Handles of Base Metal in Finland

In 2022, approx. 11K units of knives; with handles of base metals were imported into Finland; which is down by -29.6% against the previous year's figure. Over the period under review, imports saw a significant decline. The smallest decline of -20.6% was in 2021. Imports peaked at 31K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of knives; with handles of base metals dropped significantly to $40K in 2022. In general, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked at $81K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Knives; with Handles of Base Metal in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.97.746.216.8165.3%
PolandN/A3.16.64.925.7%
China26.70.210.14.0-46.9%
Italy2.81.51.72.2-7.7%
Sweden2.71.72.21.8-12.6%
Switzerland5.9N/A1.7N/A-46.3%
Pakistan40.339.1N/AN/A-3.0%
Others2.23.111.310.367.3%
Total81.456.579.940.0-21.1%

Top Suppliers of Knives; with Handles of Base Metal to Finland in 2022:

  1. Poland (5.5K units)
  2. China (3.4K units)
  3. Sweden (0.8K units)
  4. Italy (0.6K units)
  5. United States (0.6K units)

Source: IndexBox Market Intelligence Platform

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