Price for Knives; with Handles of Base Metal in Bahrain - 2022

Contents:

  1. Price for Knives; with Handles of Base Metal in Bahrain (CIF) - 2022
  2. Price for Knives; with Handles of Base Metal in Bahrain (FOB) - 2022
  3. Imports of Knives; with Handles of Base Metal in Bahrain
  4. Exports of Knives; with Handles of Base Metal in Bahrain

Price for Knives; with Handles of Base Metal in Bahrain (CIF) - 2022

In 2022, the average import price for knives; with handles of base metals amounted to $0.7 per unit, growing by 3.4% against the previous year. Overall, the import price, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $1.6 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($1.2 per unit), while the price for Italy ($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 Canada (+93.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knives; with Handles of Base Metal in Bahrain (FOB) - 2022

The average export price for knives; with handles of base metals stood at $1.2 per unit in 2022, which is down by -50.5% against the previous year. In general, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2018 an increase of 369% against the previous year. As a result, the export price reached the peak level of $3 per unit. From 2019 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 Austria ($2.7 per unit), while the average price for exports to the United Arab Emirates ($0.8 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 Saudi Arabia (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives; with Handles of Base Metal in Bahrain

In 2022, imports of knives; with handles of base metals into Bahrain skyrocketed to 53K units, growing by 15% on 2021 figures. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of knives; with handles of base metals skyrocketed to $37K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Knives; with Handles of Base Metal in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia0.90.83.118.6174.4%
China7.18.05.14.5-14.1%
Pakistan0.90.95.12.947.7%
Turkey0.10.13.71.8162.1%
India0.21.43.51.8108.0%
Italy0.20.20.70.426.0%
United Arab Emirates1.92.94.40.2-52.8%
Canada7.08.8N/AN/A25.7%
Others5.32.95.67.09.7%
Total23.726.231.237.116.1%

Top Suppliers of Knives; with Handles of Base Metal to Bahrain in 2022:

  1. Saudi Arabia (27.0K units)
  2. China (12.3K units)
  3. Turkey (4.9K units)
  4. India (2.9K units)
  5. Pakistan (2.5K units)
  6. Italy (1.4K units)
  7. United Arab Emirates (0.2K units)

Exports of Knives; with Handles of Base Metal in Bahrain

In 2022, overseas shipments of knives; with handles of base metals increased by 2.8% to 633 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic curtailment. The exports peaked at 2.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of knives; with handles of base metals contracted dramatically to $784 in 2022. Over the period under review, exports, however, faced a precipitous curtailment. Over the period under review, the exports of hit record highs at $6K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Knives; with Handles of Base Metal in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A4740%
United Arab Emirates967296260165-44.5%
Austria788412318145-43.1%
Nigeria4,216N/AN/AN/A0%
SwitzerlandN/AN/A964N/A0%
GreeceN/A2,326N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5,9713,0341,542784-49.2%

Top Export Markets for Knives; with Handles of Base Metal from Bahrain in 2022:

  1. Pakistan (372.0 units)
  2. United Arab Emirates (208.0 units)
  3. Austria (53.0 units)

Source: IndexBox Market Intelligence Platform

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