Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia - 2023
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia (CIF) - 2022
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia (CIF) - 2022
The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $20 per unit in 2022, jumping by 58% against the previous year. Overall, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2016 an increase of 260% against the previous year. As a result, import price reached the peak level of $25 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
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 Finland ($59 per unit), while the price for Poland ($8.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia (FOB) - 2022
The average export price for knives with cutting blades, serrated or not (including pruning knives)s stood at $24 per unit in 2022, picking up by 85% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 85% against the previous year. As a result, the export price reached the peak level of $33 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($55 per unit), while the average price for exports to Ukraine ($8.1 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 Moldova (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia
In 2022, supplies from abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -43.4% to 30K units, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, imports attained the peak of 55K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s dropped to $590K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +54.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42%. Imports peaked at $662K in 2021, and then fell in the following year.
| Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 123 | 362 | 473 | 283 | 32.0% |
| Finland | 6.9 | 8.0 | 38.8 | 82.0 | 128.2% |
| Germany | 22.1 | 23.0 | 26.5 | 54.8 | 35.4% |
| Lithuania | 22.6 | 19.0 | 25.3 | 48.2 | 28.7% |
| Poland | 39.3 | 35.7 | 36.3 | 46.3 | 5.6% |
| Netherlands | 1.9 | 2.7 | 1.5 | 5.9 | 45.9% |
| Estonia | 0.2 | 45.6 | 7.6 | 1.9 | 111.8% |
| United Kingdom | 22.2 | 20.2 | 1.9 | 1.6 | -58.4% |
| Spain | 116 | 0.4 | 1.0 | 1.5 | -76.5% |
| Others | 27.1 | 25.9 | 50.1 | 64.9 | 33.8% |
| Total | 381 | 543 | 662 | 590 | 15.7% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Latvia in 2022:
- China (14.5K units)
- Poland (5.7K units)
- Germany (4.0K units)
- Lithuania (2.2K units)
- Finland (1.4K units)
- Netherlands (0.5K units)
- Estonia (0.1K units)
- United Kingdom (0.1K units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia
In 2022, shipments abroad of knives with cutting blades, serrated or not (including pruning knives)s decreased by -20.2% to 15K units, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, the exports attained the peak of 23K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s surged to $371K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 4.7 | 11.9 | 12.3 | 67.1 | 142.6% |
| Lithuania | 10.0 | 10.3 | 14.8 | 43.5 | 63.2% |
| Turkmenistan | N/A | 21.1 | 32.8 | 35.0 | 28.8% |
| France | 0.1 | N/A | N/A | 28.6 | 558.9% |
| Czech Republic | N/A | N/A | N/A | 18.9 | 0% |
| Poland | N/A | N/A | 0.6 | 18.6 | 3000.0% |
| Sweden | N/A | N/A | 0.1 | 17.6 | 17500.0% |
| Italy | N/A | N/A | N/A | 17.1 | 0% |
| Israel | N/A | 15.5 | 11.6 | 13.7 | -6.0% |
| Moldova | 0.9 | 1.6 | 6.0 | 13.1 | 144.2% |
| Russia | 28.6 | 23.0 | 20.2 | 9.6 | -30.5% |
| Belarus | 45.2 | 23.0 | 8.6 | 9.0 | -41.6% |
| Ukraine | 13.7 | 80.6 | 58.7 | 8.8 | -13.7% |
| Others | 16.4 | 34.3 | 86.1 | 70.4 | 62.5% |
| Total | 120 | 221 | 252 | 371 | 45.7% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Latvia in 2022:
- Lithuania (3.8K units)
- Estonia (3.2K units)
- Ukraine (1.1K units)
- Belarus (1.1K units)
- Poland (0.7K units)
- Turkmenistan (0.7K units)
- Sweden (0.6K units)
- France (0.6K units)
- Russia (0.6K units)
- Czech Republic (0.4K units)
- Moldova (0.4K units)
- Israel (0.3K units)
- Italy (0.3K units)
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