Price for Knives; with Handles of Base Metal in Sri Lanka - 2022
Contents:
- Price for Knives; with Handles of Base Metal in Sri Lanka (CIF) - 2022
- Price for Knives; with Handles of Base Metal in Sri Lanka (FOB) - 2022
- Imports of Knives; with Handles of Base Metal in Sri Lanka
- Exports of Knives; with Handles of Base Metal in Sri Lanka
Price for Knives; with Handles of Base Metal in Sri Lanka (CIF) - 2022
The average import price for knives; with handles of base metals stood at $3 per unit in 2022, increasing by 123% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 142% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Singapore ($4.9 per unit), while the price for Thailand ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Knives; with Handles of Base Metal in Sri Lanka (FOB) - 2022
In 2022, the average export price for knives; with handles of base metals amounted to $2.1 per unit, rising by 205% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($2.5 per unit), while the average price for exports to Maldives stood at $0.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (-3.8%), while the prices for the other major destinations experienced a decline.
Imports of Knives; with Handles of Base Metal in Sri Lanka
In 2022, the amount of knives; with handles of base metals imported into Sri Lanka contracted dramatically to 4K units, declining by -44.3% compared with the year before. Overall, imports continue to indicate a sharp descent. The smallest decline of -31.3% was in 2020. Imports peaked at 18K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of knives; with handles of base metals surged to $12K in 2022. In general, imports recorded a deep downturn. Imports peaked at $18K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Knives; with Handles of Base Metal in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.6 | 3.2 | 4.1 | 6.1 | 116.6% |
| Switzerland | 2.0 | 2.4 | 1.8 | 2.2 | 3.2% |
| United States | 0.4 | 0.1 | 0.1 | 0.4 | 0.0% |
| Italy | 4.5 | 0.3 | 0.2 | 0.3 | -59.5% |
| Taiwan (Chinese) | N/A | N/A | 0.1 | 0.1 | 0.0% |
| China | 8.3 | 1.9 | 1.2 | 0.1 | -77.1% |
| Thailand | 0.1 | 0.4 | 0.1 | 0.1 | 0.0% |
| South Korea | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| India | N/A | 2.1 | 0.7 | N/A | -66.7% |
| Others | 2.5 | 3.1 | 1.5 | 2.6 | 1.3% |
| Total | 18.5 | 13.6 | 9.7 | 12.0 | -13.4% |
Top Suppliers of Knives; with Handles of Base Metal to Sri Lanka in 2022:
- Singapore (1230.0 units)
- Thailand (774.0 units)
- Switzerland (545.0 units)
- China (389.0 units)
- South Korea (297.0 units)
- United States (133.0 units)
- Taiwan (Chinese) (130.0 units)
- Italy (93.0 units)
- India (87.0 units)
Exports of Knives; with Handles of Base Metal in Sri Lanka
In 2022, overseas shipments of knives; with handles of base metals decreased by -92.8% to 171 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant decrease. The growth pace was the most rapid in 2020 with an increase of 207% against the previous year. As a result, the exports attained the peak of 3.9K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of knives; with handles of base metals declined remarkably to $356 in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 381%. As a result, the exports reached the peak of $2.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Knives; with Handles of Base Metal in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 530 | 105 | 485 | 324 | -15.1% |
| Maldives | 28.0 | 759 | 23.0 | 9.0 | -31.5% |
| United Kingdom | N/A | 13.0 | N/A | N/A | 0% |
| Papua New Guinea | 24.0 | N/A | N/A | N/A | 0% |
| Oman | N/A | N/A | 880 | N/A | 0% |
| United States | N/A | 1,825 | N/A | N/A | 0% |
| Others | 16.0 | 172 | 227 | 23.0 | 12.9% |
| Total | 598 | 2,874 | 1,615 | 356 | -15.9% |
Top Export Markets for Knives; with Handles of Base Metal from Sri Lanka in 2022:
- Ethiopia (132.0 units)
- Maldives (38.0 units)
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