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

Contents:

  1. Price for Knives; with Handles of Base Metal in Myanmar (CIF) - 2022
  2. Imports of Knives; with Handles of Base Metal in Myanmar

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

The average import price for knives; with handles of base metals stood at $0.1 per unit in 2022, reducing by -40.2% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 151% against the previous year. The import price peaked at $0.7 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($0.4 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-14.2%), while the prices for the other major suppliers experienced a decline.

Imports of Knives; with Handles of Base Metal in Myanmar

In 2022, approx. 274K units of knives; with handles of base metals were imported into Myanmar; falling by -18.5% on 2021 figures. Over the period under review, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Imports peaked at 357K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of knives; with handles of base metals contracted notably to $33K in 2022. In general, imports faced a precipitous curtailment. The smallest decline of -1.9% was in 2020. Over the period under review, imports of hit record highs at $77K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Knives; with Handles of Base Metal in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48.326.931.815.8-31.1%
Thailand0.82.98.18.9123.2%
India22.638.026.76.6-33.7%
Others5.37.61.41.8-30.2%
Total76.975.468.033.1-24.5%

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

  1. China (169.3K units)
  2. Thailand (80.4K units)
  3. India (18.9K units)

Source: IndexBox Market Intelligence Platform

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