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

Contents:

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

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

In 2022, the average import price for knives; with handles of base metals amounted to $1.3 per unit, jumping by 39% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The import price peaked at $1.3 per unit in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($13 per unit), while the price for Turkey ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for knives; with handles of base metals stood at $2.7 per unit in 2022, waning by -14.6% against the previous year. In general, the export price continues to indicate a noticeable descent. The growth pace was the most rapid in 2020 an increase of 73%. The export price peaked at $3.7 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the United States ($7.3 per unit), while the average price for exports to Mauritius ($0.6 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 Trinidad and Tobago (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives; with Handles of Base Metal in the UK

Imports of knives; with handles of base metals into the UK declined sharply to 3.3M units in 2022, with a decrease of -37.5% on 2021 figures. Overall, imports, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of 5.2M units, and then reduced dramatically in the following year.

In value terms, imports of knives; with handles of base metals contracted to $4.4M in 2022. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of $5M, and then shrank in the following year.

Import of Knives; with Handles of Base Metal in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,2471,1381,7871,6088.8%
Japan49167484577416.4%
China2962241,51265030.0%
United States509299451464-3.0%
Taiwan (Chinese)49.562.971.320660.8%
Denmark1.43.41.8206427.9%
Vietnam4.956.05.168.9141.4%
Others3622583443801.6%
Total2,9602,7155,0174,35713.8%

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

  1. Turkey (1919.0K units)
  2. China (618.8K units)
  3. United States (303.3K units)
  4. Taiwan (Chinese) (142.0K units)
  5. Denmark (89.4K units)
  6. Japan (60.5K units)
  7. Vietnam (52.2K units)

Exports of Knives; with Handles of Base Metal in the UK

Exports of knives; with handles of base metals from the UK skyrocketed to 327K units in 2022, picking up by 21% compared with 2021. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of knives; with handles of base metals stood at $879K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Knives; with Handles of Base Metal in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17.117.5298330168.2%
United States72.214210212419.8%
Sweden0.52.0144115512.7%
Thailand57.943.844.847.6-6.3%
Ireland69.559.716.821.1-32.8%
Germany3.70.921.919.874.9%
Spain6.61.322.619.142.5%
IcelandN/AN/AN/A14.20%
China18.2101N/A11.1-15.2%
Trinidad and TobagoN/AN/A12.011.0-8.3%
MauritiusN/AN/AN/A6.60%
Netherlands1.30.16.64.146.6%
Gabon1.9N/AN/AN/A0%
Others11112518215612.0%
Total36049285087934.7%

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

  1. France (120.3K units)
  2. Sweden (44.2K units)
  3. Thailand (29.4K units)
  4. Spain (17.5K units)
  5. United States (17.1K units)
  6. Mauritius (11.0K units)
  7. Iceland (6.8K units)
  8. Ireland (6.4K units)
  9. Trinidad and Tobago (6.1K units)
  10. Germany (5.9K units)
  11. Netherlands (5.1K units)
  12. China (4.3K units)

Source: IndexBox Market Intelligence Platform

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