Price for Knives; with Handles of Base Metal in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for knives; with handles of base metals amounted to $0.5 per unit, jumping by 34% against the previous year. Overall, the import price, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 201%. The import price peaked at $1 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2.7 per unit), while the price for China ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for knives; with handles of base metals stood at $1.3 per unit in 2022, growing by 6.6% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 88%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2.4 per unit), while the average price for exports to Brazil ($1 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 Singapore (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knives; with Handles of Base Metal in Malaysia

In 2022, purchases abroad of knives; with handles of base metals decreased by -47.4% to 422K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 103%. As a result, imports attained the peak of 3.9M units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of knives; with handles of base metals shrank notably to $192K in 2022. In general, imports saw a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 104%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Knives; with Handles of Base Metal in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7241,53322099.3-48.4%
GermanyN/A1.43.724.5318.3%
Japan10.22.710.123.732.4%
Singapore10.370.118.618.120.7%
Thailand79.167.1N/A9.8-50.1%
Taiwan (Chinese)4.42.811.18.122.6%
Others7.527.99.18.54.3%
Total8361,705273192-38.8%

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

  1. China (353.5K units)
  2. Taiwan (Chinese) (18.3K units)
  3. Japan (17.1K units)
  4. Thailand (10.4K units)
  5. Germany (9.2K units)
  6. Singapore (7.4K units)

Exports of Knives; with Handles of Base Metal in Malaysia

In 2022, shipments abroad of knives; with handles of base metals decreased by -94.2% to 3.3K units, falling for the second consecutive year after two years of growth. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. As a result, the exports attained the peak of 76K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of knives; with handles of base metals dropped markedly to $4.3K in 2022. Over the period under review, exports showed a dramatic descent. The pace of growth was the most pronounced in 2020 when exports increased by 55% against the previous year. Over the period under review, the exports of attained the peak figure at $69K in 2021, and then shrank sharply in the following year.

Export of Knives; with Handles of Base Metal in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A1.70%
Germany0.7N/A3.41.528.9%
Brunei DarussalamN/AN/AN/A1.10%
Thailand15.8N/AN/AN/A0%
Indonesia4.51.2N/AN/A-73.3%
SingaporeN/A47.365.7N/A38.9%
Others10.2N/AN/AN/A0%
Total31.248.569.14.3-48.3%

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

  1. Brazil (1.7K units)
  2. Brunei Darussalam (1.0K units)
  3. Germany (0.6K units)

Source: IndexBox Market Intelligence Platform

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