Price for Knives with Cutting Blades in Finland - 2023
Contents:
- Price for Knives with Cutting Blades in Finland (CIF) - 2023
- Price for Knives with Cutting Blades in Finland (FOB) - 2023
- Imports of Knives with Cutting Blades in Finland
- Exports of Knives with Cutting Blades in Finland
Price for Knives with Cutting Blades in Finland (CIF) - 2023
In August 2023, the average knives with cutting blades import price amounted to $4.1 per unit, with an increase of 34% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in December 2022 an increase of 50% month-to-month. As a result, import price attained the peak level of $4.3 per unit. From January 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($28.8 per unit), while the price for the Netherlands ($2.4 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knives with Cutting Blades in Finland (FOB) - 2023
The average knives with cutting blades export price stood at $5.1 per unit in August 2023, declining by -6.8% against the previous month. Over the period under review, export price indicated a moderate increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, knives with cutting blades export price increased by +48.1% against June 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 87% against the previous month. The export price peaked at $6.1 per unit in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Lithuania ($6.9 per unit), while the average price for exports to the Netherlands ($3.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knives with Cutting Blades in Finland
In 2022, the amount of knives with cutting bladeses imported into Finland declined to 7.7M units, which is down by -9.7% against the year before. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 8.5M units, and then dropped in the following year.
In value terms, knives with cutting blades imports reduced to $23M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports attained the peak of $26M, and then contracted in the following year.
| Import of Knives with Cutting Blades in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.2 | 9.8 | 13.3 | 12.5 | 7.0% |
| Germany | 1.1 | 1.0 | 1.0 | 1.2 | 2.9% |
| Switzerland | 1.2 | 0.9 | 1.5 | 1.2 | 0.0% |
| Japan | 0.8 | 1.1 | 1.3 | 1.1 | 11.2% |
| Sweden | 1.1 | 1.1 | 1.5 | 1.0 | -3.1% |
| Taiwan (Chinese) | 0.9 | 1.0 | 1.0 | 0.7 | -8.0% |
| Netherlands | 0.2 | N/A | 0.1 | 0.5 | 35.7% |
| Others | 4.8 | 5.2 | 6.1 | 5.1 | 2.0% |
| Total | 20.4 | 20.2 | 25.7 | 23.3 | 4.5% |
Top Suppliers of Knives with Cutting Blades to Finland in 2022:
- China (6101.1K units)
- Netherlands (245.9K units)
- Sweden (232.4K units)
- Taiwan (Chinese) (180.9K units)
- Germany (178.3K units)
- Switzerland (121.9K units)
- Japan (85.5K units)
Exports of Knives with Cutting Blades in Finland
For the third consecutive year, Finland recorded decline in overseas shipments of knives with cutting bladeses, which decreased by -17% to 2.6M units in 2022. Overall, exports saw a deep contraction. The smallest decline of -2.5% was in 2020. Over the period under review, the exports reached the peak figure at 3.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, knives with cutting blades exports dropped remarkably to $12M in 2022. Over the period under review, exports showed a slight curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 13%. As a result, the exports reached the peak of $14M, and then shrank significantly in the following year.
| Export of Knives with Cutting Blades in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.2 | 2.8 | 2.9 | 2.3 | 1.5% |
| Sweden | 1.8 | 1.7 | 1.9 | 1.8 | 0.0% |
| Estonia | 2.2 | 1.6 | 1.6 | 1.5 | -12.0% |
| Denmark | 1.7 | 1.9 | 2.2 | 1.3 | -8.6% |
| Lithuania | 0.9 | 0.5 | 0.7 | 0.7 | -8.0% |
| Norway | 0.3 | 0.5 | 0.7 | 0.5 | 18.6% |
| Latvia | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Russia | 1.1 | 0.7 | 0.8 | 0.2 | -43.3% |
| Others | 1.8 | 2.6 | 2.9 | 3.1 | 19.9% |
| Total | 12.3 | 12.5 | 14.1 | 11.9 | -1.1% |
Top Export Markets for Knives with Cutting Blades from Finland in 2022:
- Sweden (829.8K units)
- Netherlands (718.5K units)
- Denmark (276.4K units)
- Estonia (230.1K units)
- Norway (100.0K units)
- Lithuania (98.3K units)
- Latvia (55.2K units)
- Russia (37.0K units)
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