Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Lithuania - 2023

Contents:

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

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

The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $14 per unit in 2022, falling by -2.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 75% against the previous year. As a result, import price attained the peak level of $16 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 Belgium ($63 per unit), while the price for Latvia ($7.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $32 per unit, picking up by 30% against the previous year. Overall, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($47 per unit), while the average price for exports to Poland ($5.5 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 Russia (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of knives with cutting blades, serrated or not (including pruning knives)s into Lithuania stood at 88K units, growing by 14% on the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 63%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s rose markedly to $1.3M in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland17.524.2111325164.8%
Spain30.7103549280108.9%
China79.010991.218833.5%
Hungary0.444.128.9170651.8%
Germany82.474.471.41027.4%
Latvia19.729.852.975.656.6%
Poland49.643.916871.212.8%
Others52.013460.348.2-2.5%
Total3315621,1331,25956.1%

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

  1. Hungary (21.0K units)
  2. China (18.9K units)
  3. Latvia (10.6K units)
  4. Spain (10.4K units)
  5. Poland (9.0K units)
  6. Germany (8.9K units)
  7. Finland (7.8K units)

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

In 2022, overseas shipments of knives with cutting blades, serrated or not (including pruning knives)s decreased by -65% to 12K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 95% against the previous year. The exports peaked at 35K units in 2021, and then reduced remarkably in the following year.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s declined sharply to $394K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 143% against the previous year. As a result, the exports reached the peak of $870K, and then declined dramatically in the following year.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10420066630142.5%
Latvia23.523.891.226.23.7%
SpainN/A43.7N/A21.4-30.0%
Estonia7.729.520.310.811.9%
Belarus4.95.73.87.615.8%
Uzbekistan2.43.05.07.445.5%
PolandN/A1.129.92.138.2%
Others15.350.953.317.64.8%
Total15835787039435.6%

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

  1. Russia (6.4K units)
  2. Latvia (1.4K units)
  3. Uzbekistan (1.2K units)
  4. Estonia (0.9K units)
  5. Spain (0.7K units)
  6. Poland (0.4K units)
  7. Belarus (0.3K units)

Source: IndexBox Market Intelligence Platform

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