HS Code:
Hunting knives with wood handles fall under the broader category of knives and cutting blades used for hunting or outdoor activities. These products are typically classified under HS Code 8211.92, which includes knives with fixed blades. Hunting knives with wood handles are valued for their durability, aesthetic appeal, and ergonomic design. They are used by hunters, outdoor enthusiasts, and collectors. The global trade of this category is influenced by factors such as craftsmanship, material sourcing (quality of steel and wood), and regional demand for hunting and outdoor gear. Trade is also impacted by regulations on blade length, export/import restrictions, and environmental concerns regarding wood sourcing.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
$45 million USD
30% of global trade of total trade
Increasing
$25 million USD
17% of global trade of total trade
Stable
$20 million USD
13% of global trade of total trade
Increasing
$15 million USD
10% of global trade of total trade
Stable
$10 million USD
7% of global trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
12% (imposed by certain developing countries on imports to protect local industries)
Lowest Rate
0% (under free trade agreements like USMCA or EU-Japan EPA)
Growing demand for sustainable materials
Increased preference for knives with handles made from certified sustainable wood sources, influencing sourcing and production costs.
2021-2023
Rise in outdoor recreational activities
Boost in demand for hunting knives due to increased participation in hunting, camping, and survival sports, particularly in North America and Europe.
2020-2022
Shift towards premium and custom designs
Higher market share for artisanal and custom-made hunting knives, driving up prices and profit margins for niche manufacturers.
2019-2023
The European Union introduced stricter regulations under the EU Timber Regulation (EUTR) to ensure sustainable sourcing of wood used in products like knife handles, impacting exporters from tropical regions.
March 2023
Potential increase in production costs for manufacturers using exotic woods; exporters must provide additional certification, slowing trade from non-compliant regions.
A new phase of the US-China trade agreement reduced tariffs on certain categories of knives, including hunting knives, boosting Chinese exports to the US market.
January 2023
Increased competition for US and European manufacturers as Chinese products become more price-competitive.
Online marketplaces and direct-to-consumer platforms have seen a surge in sales of hunting knives, allowing smaller manufacturers to reach global audiences.
Mid-2022
Enhanced market access for artisanal producers, though it also increases price competition and counterfeit risks.