Latin America and the Caribbean: Knife And Scissors Market 2025

Knife And Scissors Market Size in Latin America and the Caribbean

In 2021, the Latin American knife and scissors market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Knife And Scissors Production in Latin America and the Caribbean

In value terms, knife and scissors production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 19%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Knife And Scissors Exports

Exports in Latin America and the Caribbean

In 2021, the amount of knives, scissors and blades exported in Latin America and the Caribbean surged to X tons, jumping by 46% against 2020 figures. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, knife and scissors exports soared to $X in 2021. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil dominates exports structure, amounting to X tons, which was near 83% of total exports in 2021. It was distantly followed by Mexico (X tons), making up a 9.2% share of total exports. The following exporters - Colombia (X tons) and Guatemala (X tons) - each finished at a 3.7% share of total exports.

Exports from Brazil increased at an average annual rate of +5.8% from 2012 to 2021. At the same time, Guatemala (+6.4%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +6.4% from 2012-2021. Mexico experienced a relatively flat trend pattern. By contrast, Colombia (-2.9%) illustrated a downward trend over the same period. Brazil (+27 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest knife and scissors supplier in Latin America and the Caribbean, comprising 73% of total exports. The second position in the ranking was taken by Mexico ($X), with a 20% share of total exports. It was followed by Colombia, with a 2% share.

In Brazil, knife and scissors exports expanded at an average annual rate of +3.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+2.6% per year) and Colombia (-3.5% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 14%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+1.8%), while the other leaders experienced a decline in the export price figures.

Knife And Scissors Imports

Imports in Latin America and the Caribbean

After two years of decline, overseas purchases of knives, scissors and blades increased by 40% to X tons in 2021. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, knife and scissors imports surged to $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons) and Mexico (X tons) were the largest importers of knives, scissors and blades in 2021, accounting for approx. 22% and 18% of total imports, respectively. Chile (X tons) ranks next in terms of the total imports with a 10% share, followed by Bolivia (8.4%), Colombia (8%) and Peru (6.5%). Argentina (X tons), Guatemala (X tons), Ecuador (X tons), El Salvador (X tons), Costa Rica (X tons) and the Dominican Republic (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Bolivia (with a CAGR of +15.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported knives, scissors and blades in Latin America and the Caribbean, comprising 32% of total imports. The second position in the ranking was held by Brazil ($X), with a 14% share of total imports. It was followed by Chile, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Mexico totaled +2.7%. In the other countries, the average annual rates were as follows: Brazil (+0.4% per year) and Chile (+7.0% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, growing by 3.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2013 an increase of 12%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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