Price for Knives; with Handles of Base Metal in Nepal - 2022
Contents:
- Price for Knives; with Handles of Base Metal in Nepal (CIF) - 2022
- Price for Knives; with Handles of Base Metal in Nepal (FOB) - 2022
- Imports of Knives; with Handles of Base Metal in Nepal
- Exports of Knives; with Handles of Base Metal in Nepal
Price for Knives; with Handles of Base Metal in Nepal (CIF) - 2022
In 2022, the average import price for knives; with handles of base metals amounted to $2 per unit, surging by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $2.2 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($8.2 per unit), while the price for Thailand ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives; with Handles of Base Metal in Nepal (FOB) - 2022
In 2022, the average export price for knives; with handles of base metals amounted to $2.6 per unit, picking up by 3.5% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 handles of base metals increased by +7.2% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 68% against the previous year. As a result, the export price attained the peak level of $3.4 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($2.6 per unit), while the average price for exports to China ($2.6 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 Hong Kong SAR (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives; with Handles of Base Metal in Nepal
In 2022, the amount of knives; with handles of base metals imported into Nepal shrank significantly to 26K units, falling by -52.5% against the year before. In general, imports recorded a noticeable setback. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of 56K units, and then declined notably in the following year.
In value terms, imports of knives; with handles of base metals dropped significantly to $54K in 2022. Over the period under review, imports, however, saw slight growth. The pace of growth appeared the most rapid in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of $111K, and then fell rapidly in the following year.
| Import of Knives; with Handles of Base Metal in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.8 | 48.0 | 95.2 | 45.2 | -0.4% |
| India | 4.0 | 1.9 | 6.3 | 4.7 | 5.5% |
| Italy | 1.7 | 2.0 | 3.0 | 2.8 | 18.1% |
| Others | 0.8 | 0.9 | 6.2 | 1.2 | 14.5% |
| Total | 52.4 | 52.8 | 111 | 53.9 | 0.9% |
Top Suppliers of Knives; with Handles of Base Metal to Nepal in 2022:
- China (24.2K units)
- Italy (1.4K units)
- India (0.6K units)
Exports of Knives; with Handles of Base Metal in Nepal
For the fourth year in a row, Nepal recorded growth in shipments abroad of knives; with handles of base metals, which increased by 13% to 1.1K units in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of knives; with handles of base metals skyrocketed to $2.9K in 2022. The total export value increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Knives; with Handles of Base Metal in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,343 | 1,425 | 1,562 | 1,734 | 8.9% |
| China | 504 | 619 | 810 | 1,073 | 28.6% |
| Sweden | 76.0 | 80.0 | 88.0 | 99.0 | 9.2% |
| Others | 153 | N/A | 23.0 | N/A | -61.2% |
| Total | 2,076 | 2,124 | 2,483 | 2,906 | 11.9% |
Top Export Markets for Knives; with Handles of Base Metal from Nepal in 2022:
- United States (667.0 units)
- China (414.0 units)
- Sweden (38.0 units)
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