Price for Knives with Cutting Blades in Thailand - 2023

Contents:

  1. Price for Knives with Cutting Blades in Thailand (FOB) - 2022
  2. Price for Knives with Cutting Blades in Thailand (CIF) - 2022
  3. Exports of Knives with Cutting Blades in Thailand
  4. Imports of Knives with Cutting Blades in Thailand

Price for Knives with Cutting Blades in Thailand (FOB) - 2022

In 2022, the average knives with cutting blades export price amounted to $1.5 per unit, stabilizing at the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 14%. The export price peaked at $4 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($4.1 per unit), while the average price for exports to Bahrain ($0.6 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 Myanmar (+3.4%), while the prices for the other major destinations experienced a decline.

Price for Knives with Cutting Blades in Thailand (CIF) - 2022

The average knives with cutting blades import price stood at $0.6 per unit in 2022, with a decrease of -13.4% against the previous year. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2014 an increase of 19%. As a result, import price attained the peak level of $4.7 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4.2 per unit), while the price for China ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-7.0%), while the prices for the other major suppliers experienced a decline.

Exports of Knives with Cutting Blades in Thailand

In 2022, shipments abroad of knives with cutting bladeses decreased by -15.4% to 14M units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. Over the period under review, the exports reached the peak figure at 17M units in 2021, and then declined dramatically in the following year.

In value terms, knives with cutting blades exports reduced notably to $21M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of $25M, and then fell rapidly in the following year.

Export of Knives with Cutting Blades in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia1.14.85.16.076.0%
United States6.35.55.44.0-14.1%
Hong Kong SAR2.72.42.72.1-8.0%
Vietnam1.81.31.11.4-8.0%
Australia1.31.31.61.30.0%
Belgium1.71.73.31.2-11.0%
Canada0.91.01.00.7-8.0%
MyanmarN/A0.30.40.30.0%
NepalN/AN/AN/A0.30%
Malaysia0.50.40.20.3-15.7%
Bahrain0.20.10.30.20.0%
Others3.33.04.03.52.0%
Total19.821.925.121.22.3%

Top Export Markets for Knives with Cutting Blades from Thailand in 2022:

  1. Cambodia (6.1M units)
  2. United States (1.8M units)
  3. Vietnam (1.1M units)
  4. Australia (0.7M units)
  5. Belgium (0.7M units)
  6. Hong Kong SAR (0.5M units)
  7. Malaysia (0.4M units)
  8. Bahrain (0.3M units)
  9. Myanmar (0.3M units)
  10. Canada (0.2M units)
  11. Nepal (0.2M units)

Imports of Knives with Cutting Blades in Thailand

In 2022, the amount of knives with cutting bladeses imported into Thailand skyrocketed to 35M units, increasing by 27% against the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, knives with cutting blades imports expanded notably to $19M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Knives with Cutting Blades in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.47.88.29.60.7%
Japan3.64.45.33.92.7%
Taiwan (Chinese)1.20.71.22.731.0%
Others3.53.02.93.2-2.9%
Total17.716.017.719.43.1%

Top Suppliers of Knives with Cutting Blades to Thailand in 2022:

  1. China (31.4M units)
  2. Taiwan (Chinese) (1.6M units)
  3. Japan (0.9M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Knives; with cutting blades, serrated or not (including pruning knives), other than knives of heading no. 8208, and blades therefor - Thailand