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Puerto Rico - Knives, Scissors and Blades - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Knife And Scissors Market 2024
Knife And Scissors Market Size in Puerto Rico
After two years of decline, the Puerto Rican knife and scissors market increased by 18% to $X in 2021. Over the period under review, consumption saw a slight expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Knife And Scissors Production in Puerto Rico
In value terms, knife and scissors production soared to $X in 2021 estimated in export price. Overall, production enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2017 with an increase of 49% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.
Knife And Scissors Exports
Exports from Puerto Rico
In 2021, exports of knives, scissors and blades from Puerto Rico amounted to less than X kg, leveling off at the year before. Over the period under review, exports saw a relatively flat trend pattern.
In value terms, knife and scissors exports totaled less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.
Exports by Country
China dominates exports structure, resulting at X tons, which was near 77% of total exports in 2021. Germany (X tons), the Netherlands (X tons) and South Africa (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to knife and scissors exports from China stood at +3.9%. At the same time, the Netherlands (+7.3%) and Germany (+2.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +7.3% from 2012-2021. By contrast, South Africa (-36.9%) illustrated a downward trend over the same period. While the share of China (+4.8 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of South Africa (-6.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest knife and scissors supplier from Puerto Rico, comprising 54% of global exports. The second position in the ranking was held by Germany ($X), with a 9.8% share of global exports. It was followed by the Netherlands, with a 3.1% share.
From 2012 to 2021, the average annual growth rate of value in China totaled +7.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+4.6% per year) and the Netherlands (+3.2% per year).
Export Prices by Country
The export price in Puerto Rico stood at less than $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price showed a relatively flat trend pattern.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+52.3%), while the other leaders experienced more modest paces of growth.
Knife And Scissors Imports
Imports into Puerto Rico
In 2021, the amount of knives, scissors and blades imported into Puerto Rico amounted to less than X kg, almost unchanged from the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern.
In value terms, knife and scissors imports totaled less than $X in 2021. Overall, imports showed a relatively flat trend pattern.
Imports by Country
The United States (X tons) and South Africa (X tons) were the major importers of knives, scissors and blades in 2021, accounting for near 42% and 0.5% of total imports, respectively. The following importers - Germany (X tons), Russia (X tons), the Netherlands (X tons), Indonesia (X tons), France (X tons), Canada (X tons), the UK (X tons), Thailand (X tons), India (X tons), Brazil (X tons) and Australia (X tons) - together made up 26% of total imports.
From 2012 to 2021, average annual rates of growth with regard to knives, scissors and blades imports into the United States and South Africa stood at +14.6% and -41.9%, respectively. At the same time, India (+23.6%), Thailand (+16.2%), Indonesia (+15.1%), the Netherlands (+6.8%), Russia (+3.9%), Canada (+2.4%) and France (+1.9%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +23.6% from 2012-2021. Germany, the UK and Australia experienced a relatively flat trend pattern. By contrast, Brazil (-1.6%) illustrated a downward trend over the same period. While the share of the United States (+32 p.p.), Indonesia (+2 p.p.), India (+1.8 p.p.), Thailand (+1.7 p.p.) and the Netherlands (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of South Africa (-53.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported knives, scissors and blades into Puerto Rico, comprising 28% of global imports. The second position in the ranking was held by Germany ($X), with an 8.8% share of global imports. It was followed by the Netherlands, with a 4.6% share.
In the United States, knife and scissors imports increased at an average annual rate of +5.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+4.2% per year) and the Netherlands (+8.5% per year).
Import Prices by Country
In 2021, the import price in Puerto Rico amounted to less than $X per ton, approximately equating the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while Thailand ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+77.8%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the knife and scissors market in Puerto Rico. 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 25711115 -
- Prodcom 25711130 -
- Prodcom 25711145 - Knives with fixed blades of base metal including pruning knives (excluding fish, butter/ table knives with fixed blades, k nives and cutting blades for machines/mechanical appliances)
- Prodcom 25711160 - Clasp knives
- Prodcom 25711175 - Blades and handles of base metal for table knives, pocket knives, including pruning knives (excluding fish and butter knives, knives/cutting blades for machines or mechanical appliances)
- Prodcom 25711190 - Scissors, tailors
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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
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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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