Pakistan: Clasp Knife Market 2025

Clasp Knife Market Size in Pakistan

The Pakistani clasp knife market fell to $X in 2022, with a decrease of -3.6% against the previous year. Overall, consumption showed a relatively flat trend pattern. Clasp knife consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Clasp Knife Production in Pakistan

In value terms, clasp knife production fell modestly to $X in 2022 estimated in export price. Overall, production saw a mild slump. The most prominent rate of growth was recorded in 2015 with an increase of 24%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Clasp Knife Exports

Exports from Pakistan

In 2022, clasp knife exports from Pakistan skyrocketed to X units, with an increase of 47% on the previous year's figure. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 84% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, clasp knife exports surged to $X in 2022. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 98% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for clasp knife exports from Pakistan, accounting for a 68% share of total exports. Moreover, clasp knife exports to the United States exceeded the volume sent to the second major destination, Germany (X units), ninefold. France (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.2% per year) and France (+8.5% per year).

In value terms, the United States ($X) remains the key foreign market for clasp knives exports from Pakistan, comprising 71% of total exports. The second position in the ranking was held by Germany ($X), with a 7.5% share of total exports. It was followed by France, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-6.5% per year) and France (+3.7% per year).

Export Prices by Country

In 2022, the average clasp knife export price amounted to $X per unit, falling by -18% against the previous year. In general, the export price saw a noticeable slump. The growth pace was the most rapid in 2018 an increase of 61% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the Netherlands ($X per unit), while the average price for exports to the United Arab Emirates ($X 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 Spain (-2.5%), while the prices for the other major destinations experienced a decline.

Clasp Knife Imports

Imports into Pakistan

In 2022, after three years of growth, there was significant decline in purchases abroad of clasp knives, when their volume decreased by -23.3% to X units. In general, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 118% against the previous year. Imports peaked at X units in 2021, and then declined notably in the following year.

In value terms, clasp knife imports expanded notably to $X in 2022. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 105%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest clasp knife supplier to Pakistan, with a 89% share of total imports. Moreover, clasp knife imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a 2.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+16.8% per year) and Germany (+0.0% per year).

In value terms, China ($X) constituted the largest supplier of clasp knives to Pakistan, comprising 88% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.4% share of total imports. It was followed by Germany, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+20.6% per year) and Germany (+3.3% per year).

Import Prices by Country

In 2022, the average clasp knife import price amounted to $X per unit, growing by 48% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($X per unit) and China ($X per unit), while the price for Japan ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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