Price for Knives with Cutting Blades in Australia - 2023
Contents:
- Price for Knives with Cutting Blades in Australia (CIF) - 2022
- Price for Knives with Cutting Blades in Australia (FOB) - 2022
- Imports of Knives with Cutting Blades in Australia
- Exports of Knives with Cutting Blades in Australia
Price for Knives with Cutting Blades in Australia (CIF) - 2022
The average knives with cutting blades import price stood at $2.6 per unit in 2022, with an increase of 4.9% against the previous year. Overall, the import price showed a prominent increase. The growth pace was the most rapid in 2018 when the average import price increased by 85%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($3.8 per unit), while the price for Japan ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in Australia (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $4 per unit, increasing by 75% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6.3 per unit), while the average price for exports to China ($1.6 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 the United States (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Australia
In 2022, after three years of growth, there was significant decline in overseas purchases of knives with cutting bladeses, when their volume decreased by -28.6% to 29M units. In general, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of 40M units, and then dropped significantly in the following year.
In value terms, knives with cutting blades imports contracted significantly to $75M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports reached the peak of $100M, and then reduced notably in the following year.
| Import of Knives with Cutting Blades in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.8 | 41.5 | 65.6 | 42.8 | 14.1% |
| Japan | 6.2 | 7.4 | 10.6 | 8.6 | 11.5% |
| Switzerland | 3.0 | 3.8 | 5.0 | 4.9 | 17.8% |
| United States | 2.8 | 3.2 | 3.5 | 4.5 | 17.1% |
| Germany | 2.7 | 4.0 | 5.3 | 4.1 | 14.9% |
| Taiwan (Chinese) | 1.4 | 1.3 | 2.1 | 1.8 | 8.7% |
| Vietnam | 0.5 | 0.5 | 0.7 | 1.2 | 33.9% |
| India | 0.5 | 0.6 | 0.9 | 1.0 | 26.0% |
| Others | 5.3 | 4.7 | 6.4 | 5.9 | 3.6% |
| Total | 51.3 | 67.1 | 100 | 74.9 | 13.4% |
Top Suppliers of Knives with Cutting Blades to Australia in 2022:
- China (15.6M units)
- Japan (4.8M units)
- Germany (1.9M units)
- United States (1.5M units)
- Switzerland (1.3M units)
- Vietnam (0.6M units)
- Taiwan (Chinese) (0.5M units)
- India (0.5M units)
Exports of Knives with Cutting Blades in Australia
In 2022, the amount of knives with cutting bladeses exported from Australia soared to 780K units, growing by 24% on the previous year's figure. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 +55.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, knives with cutting blades exports surged to $3.1M in 2022. Over the period under review, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Knives with Cutting Blades in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 312 | 8.1 | 28.0 | 1,313 | 61.4% |
| New Zealand | 478 | 660 | 630 | 787 | 18.1% |
| Germany | 38.6 | 30.0 | 12.7 | 223 | 79.4% |
| Papua New Guinea | 99.7 | 341 | 73.7 | 140 | 12.0% |
| United States | 512 | 172 | 242 | 99.8 | -42.0% |
| Fiji | 4.7 | 0.8 | 45.0 | 88.7 | 166.2% |
| China | 12.6 | 41.3 | 4.6 | 70.2 | 77.3% |
| Singapore | 11.4 | 66.5 | 8.5 | 54.7 | 68.7% |
| Indonesia | 11.8 | 7.6 | 22.5 | 46.7 | 58.2% |
| Canada | 4.2 | 2.6 | 47.7 | 41.4 | 114.4% |
| Vietnam | 79.8 | 82.5 | 0.1 | 13.4 | -44.8% |
| Others | 257 | 160 | 324 | 242 | -2.0% |
| Total | 1,822 | 1,572 | 1,439 | 3,119 | 19.6% |
Top Export Markets for Knives with Cutting Blades from Australia in 2022:
- New Zealand (230.0K units)
- Netherlands (208.0K units)
- Papua New Guinea (52.5K units)
- China (44.4K units)
- Germany (44.3K units)
- Fiji (34.3K units)
- United States (30.3K units)
- Indonesia (17.9K units)
- Singapore (16.2K units)
- Canada (14.8K units)
- Vietnam (3.6K units)
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