Price for Knives; with Handles of Base Metal in Kenya - 2022
Contents:
- Price for Knives; with Handles of Base Metal in Kenya (CIF) - 2022
- Price for Knives; with Handles of Base Metal in Kenya (FOB) - 2022
- Imports of Knives; with Handles of Base Metal in Kenya
- Exports of Knives; with Handles of Base Metal in Kenya
Price for Knives; with Handles of Base Metal in Kenya (CIF) - 2022
The average import price for knives; with handles of base metals stood at $0.8 per unit in 2022, rising by 5.9% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 handles of base metals increased by +25.5% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 116%. As a result, import price reached the peak level of $1.2 per unit. From 2014 to 2022, the average import prices remained 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 India ($1.5 per unit), while the price for China totaled $0.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%).
Price for Knives; with Handles of Base Metal in Kenya (FOB) - 2022
The average export price for knives; with handles of base metals stood at $1.2 per unit in 2022, which is down by -5.5% against the previous year. Over the period under review, the export price, however, posted a modest increase. The growth pace was the most rapid in 2019 when the average export price increased by 122%. Over the period under review, the average export prices attained the maximum at $1.4 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($1.5 per unit), while the average price for exports to Uganda ($0.2 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 Uganda (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Knives; with Handles of Base Metal in Kenya
Imports of knives; with handles of base metals into Kenya fell sharply to 35K units in 2022, shrinking by -43.3% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 132%. As a result, imports reached the peak of 61K units, and then contracted markedly in the following year.
In value terms, imports of knives; with handles of base metals shrank notably to $29K in 2022. In general, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 165%. As a result, imports reached the peak of $48K, and then dropped dramatically in the following year.
| Import of Knives; with Handles of Base Metal in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.2 | 10.2 | 37.2 | 20.9 | 27.0% |
| India | 1.8 | 0.8 | 0.5 | 0.1 | -61.8% |
| Taiwan (Chinese) | 0.6 | 0.8 | 0.7 | 0.1 | -45.0% |
| Others | 10.3 | 6.5 | 10.0 | 8.0 | -8.1% |
| Total | 22.9 | 18.3 | 48.5 | 29.1 | 8.3% |
Top Suppliers of Knives; with Handles of Base Metal to Kenya in 2022:
- China (33.7K units)
- Taiwan (Chinese) (0.1K units)
Exports of Knives; with Handles of Base Metal in Kenya
In 2022, overseas shipments of knives; with handles of base metals decreased by -68.1% to 172 units, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,007% against the previous year. As a result, the exports attained the peak of 808 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of knives; with handles of base metals shrank remarkably to $202 in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,363% against the previous year. As a result, the exports attained the peak of $1.1K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Knives; with Handles of Base Metal in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 25.0 | 817 | 589 | 195 | 98.3% |
| Rwanda | 44.0 | 120 | 35.0 | 3.0 | -59.1% |
| Uganda | 3.0 | 9.0 | 5.0 | 1.0 | -30.7% |
| Democratic Republic of the Congo | N/A | N/A | 38.0 | N/A | 0% |
| Others | 3.0 | 151 | 4.0 | 3.0 | 0.0% |
| Total | 75.0 | 1,097 | 671 | 202 | 39.1% |
Top Export Markets for Knives; with Handles of Base Metal from Kenya in 2022:
- South Sudan (162.0 units)
- Uganda (6.0 units)
- Rwanda (2.0 units)
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