Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand - 2024

Contents:

1. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand (FOB) - 2022
2. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand (CIF) - 2022
3. Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand
4. Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand (FOB) - 2022

The average export price for knives with cutting blades, serrated or not (including pruning knives)s stood at $8.8 per unit in 2022, shrinking by -35.7% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $65 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($157 per unit), while the average price for exports to the United States ($4.7 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 Singapore (+21.6%), while the prices for the other major destinations experienced a decline.

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand (CIF) - 2022

In 2022, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $3 per unit, shrinking by -31.8% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 53%. The import price peaked at $11 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($14 per unit), while the price for China stood at $2.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%).

Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand

For the fourth year in a row, Thailand recorded growth in overseas shipments of knives with cutting blades, serrated or not (including pruning knives)s, which increased by 26% to 238K units in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 96%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s reduced markedly to $2.1M in 2022. In general, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 4.2% against the previous year. The exports peaked at $2.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Thailand in 2022:

1. Hong Kong SAR (227.7K units)
2. United States (7.8K units)

Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Thailand

In 2022, imports of knives with cutting blades, serrated or not (including pruning knives)s into Thailand surged to 611K units, growing by 106% on 2021 figures. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s surged to $1.9M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +72.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Thailand in 2022:

1. China (571.8K units)
2. United States (13.5K units)
3. Germany (6.9K units)

Source: IndexBox Market Intelligence Platform