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World - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights

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Apr 3, 2020

U.S. Is the World's Largest Market for Imported Table Flatware ($515M), Comprising 21% of Global Imports

IndexBox has just published a new report: 'World - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global table flatware market revenue amounted to $6.3B in 2018, increasing by 3.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).

Global Exports 2013-2018

In 2018, approx. 340K tons of table flatware were exported worldwide; standing approx. at the previous year. In general, table flatware exports, however, continue to indicate a measured setback. The pace of growth was the most pronounced in 2017 with an increase of 7.6% y-o-y. Over the period under review, global table flatware exports attained their maximum at 380K tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, table flatware exports amounted to $2.7B (IndexBox estimates) in 2018.

Exports by Country

China dominates table flatware exports structure, amounting to 274K tons, which was approx. 81% of total exports in 2018. Vietnam (9.6K tons), Germany (7.7K tons) and India (5.6K tons) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -2.4% from 2013 to 2018. At the same time, Vietnam (+1.8%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +1.8% from 2013-2018. Germany experienced a relatively flat trend pattern. By contrast, India (-7.0%) illustrated a downward trend over the same period. China (-10.5 p.p.) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1.9B) remains the largest table flatware supplier worldwide, comprising 70% of global exports. The second position in the ranking was occupied by Vietnam ($129M), with a 4.8% share of global exports. It was followed by Germany, with a 4.2% share.

In China, table flatware exports remained relatively stable over the period from 2013-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+0.7% per year) and Germany (-0.3% per year).

Export Prices by Country

In 2018, the average table flatware export price amounted to $7,997 per ton, jumping by 4% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2015 an increase of 10% y-o-y. In that year, the average export prices for table flatware attained their peak level of $8,036 per ton; afterwards, it flattened through to 2018.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($14,767 per ton), while China ($6,989 per ton) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

Global Imports 2013-2018

In 2018, the global imports of table flatware amounted to 328K tons, jumping by 3.7% against the previous year.

In value terms, table flatware imports amounted to $2.5B (IndexBox estimates) in 2018.

Imports by Country

In 2018, the U.S. (61K tons), distantly followed by Germany (15K tons) were the main importers of table flatware, together comprising 23% of total imports. The UK (14K tons), Indonesia (9.4K tons), the United Arab Emirates (8.7K tons), France (8.6K tons), Canada (8.5K tons), Iran (8.1K tons), the Philippines (7.9K tons), the Netherlands (7.6K tons), Spain (7.5K tons) and Iraq (7.4K tons) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +1.5% from 2013 to 2018. At the same time, Indonesia (+22.3%), Iraq (+11.1%), Spain (+8.6%), the Netherlands (+5.6%) and the Philippines (+5.4%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +22.3% from 2013-2018. Canada experienced a relatively flat trend pattern.

By contrast, the UK (-1.6%), Germany (-4.2%), France (-4.7%), the United Arab Emirates (-9.2%) and Iran (-11.2%) illustrated a downward trend over the same period. From 2013 to 2018, the share of Indonesia increased by +1.8% percentage points, while the United Arab Emirates (-1.7 p.p.) and Iran (-2 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports. The second position in the ranking was occupied by Germany ($176M), with a 7.1% share of global imports. It was followed by the UK, with a 4.6% share.

From 2013 to 2018, the average annual growth rate of value in the U.S. totaled +1.7%. In the other countries, the average annual rates were as follows: Germany (-2.5% per year) and the UK (-0.0% per year).

Import Prices by Country

The average table flatware import price stood at $7,533 per ton in 2018, approximately reflecting the previous year. There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($11,354 per ton), while Iran ($3,877 per ton) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Iraq, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global table flatware market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25711430 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of stainless steel or other base metal
  • Prodcom 25711480 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of base metal, silver- , gold- or platinum plated

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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