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Hong Kong SAR, China - Table Knives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTable Knife Price in Hong Kong SAR - 2023
Contents:
- Table Knife Price in Hong Kong SAR (CIF) - 2022
- Table Knife Price in Hong Kong SAR (FOB) - 2022
- Table Knife Imports in Hong Kong SAR
- Table Knife Exports in Hong Kong SAR
Table Knife Price in Hong Kong SAR (CIF) - 2022
The average table knife import price stood at $2.8 per unit in 2022, shrinking by -3% against the previous year. In general, the import price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 18% against the previous year. The import price peaked at $3.4 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($2.8 per unit) and Japan ($2.8 per unit), while the price for China ($2.8 per unit) and France ($2.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.4%), while the prices for the other major suppliers experienced a decline.
Table Knife Price in Hong Kong SAR (FOB) - 2022
The average table knife export price stood at $4.3 per unit in 2022, declining by -20.9% against the previous year. Overall, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 24%. The export price peaked at $5.9 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($4.3 per unit) and Japan ($4.3 per unit), while the average price for exports to Singapore ($4.3 per unit) and the UK ($4.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.6%), while the prices for the other major destinations experienced a decline.
Table Knife Imports in Hong Kong SAR
In 2022, table knife imports into Hong Kong SAR dropped rapidly to 285K units, reducing by -58.8% on the previous year. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Imports peaked at 736K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, table knife imports reduced sharply to $806K in 2022. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $2M, and then contracted notably in the following year.
Import of Table Knife in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,153 | 1,111 | 1,599 | 450 | -26.9% |
France | 35.7 | 68.3 | 124 | 110 | 45.5% |
Japan | 203 | 225 | 118 | 92.9 | -22.9% |
Italy | 163 | 89.3 | 125 | 79.0 | -21.4% |
Vietnam | 78.4 | 20.6 | 19.8 | 28.8 | -28.4% |
Germany | 14.7 | 13.5 | 5.0 | 12.4 | -5.5% |
Others | 24.4 | 21.7 | 29.0 | 32.7 | 10.3% |
Total | 1,672 | 1,549 | 2,019 | 806 | -21.6% |
Top Suppliers of Table Knife to Hong Kong SAR in 2022:
- China (159.1K units)
- France (39.0K units)
- Japan (32.8K units)
- Italy (27.9K units)
- Vietnam (10.2K units)
- Germany (4.4K units)
Table Knife Exports in Hong Kong SAR
In 2022, shipments abroad of table knives was finally on the rise to reach 284K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a noticeable downturn. The exports peaked at 327K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, table knife exports shrank to $1.2M in 2022. Overall, exports, however, continue to indicate a abrupt decrease. The exports peaked at $1.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Table Knife in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 446 | 517 | 565 | 386 | -4.7% |
Japan | 139 | 266 | 368 | 301 | 29.4% |
France | 14.4 | 27.9 | 52.5 | 164 | 125.0% |
China | 133 | 208 | 20.8 | 84.4 | -14.1% |
Singapore | 55.8 | 32.0 | 51.7 | 77.7 | 11.7% |
United Kingdom | 65.9 | 37.7 | 20.1 | 62.6 | -1.7% |
Philippines | 25.9 | 6.8 | 2.1 | 29.4 | 4.3% |
Spain | 125 | 10.0 | 12.9 | 24.8 | -41.7% |
Norway | 233 | 84.6 | 23.7 | 1.1 | -83.2% |
Others | 379 | 227 | 92.7 | 77.3 | -41.1% |
Total | 1,617 | 1,418 | 1,210 | 1,209 | -9.2% |
Top Export Markets for Table Knife from Hong Kong SAR in 2022:
- United States (90.8K units)
- Japan (70.7K units)
- France (38.7K units)
- China (19.8K units)
- Singapore (18.3K units)
- United Kingdom (14.7K units)
- Philippines (6.9K units)
- Spain (5.8K units)
- Norway (0.3K units)
This report provides an in-depth analysis of the table knife market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25711120 - Table knives having fixed blades of base metal, including handles (excluding butter knives and fish knives)
- Prodcom 25711115 -
- Prodcom 25711130 -
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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