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

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

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Oct 2, 2023

Italy's Table Flatware Price Dives 22%, Hitting $29.0 per kg

Italy Table Flatware Export Price in June 2023

In June 2023, the table flatware price amounted to $28,983 per ton (FOB, Italy), dropping by -21.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices attained the peak figure at $36,958 per ton in May 2023, and then dropped markedly in the following month.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($104K per ton), while the average price for exports to Israel ($10,231 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Italy Table Flatware Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Table Flatware in Italy (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
United States86,08465,03957,22450,41257,89872,71791,65382,61686,26874,78079,980103,168104,071
France20,85621,92019,65821,13623,81322,55425,86624,32724,12223,75728,24630,23126,823
Spain23,12321,85819,13519,02817,36033,65922,94424,19022,20421,21925,92622,99422,771
Croatia19,61019,56122,91414,66714,95920,95321,13120,45624,60920,16723,99521,40121,186
Romania13,49314,54814,83712,30515,04313,78714,56714,70414,64113,44214,62616,00213,034
Germany32,30924,08724,33722,51931,41629,10626,80432,55527,83832,16331,50437,73211,878
Israel11,39910,4409,56414,70215,61715,44516,68511,2829,09812,3538,92811,67710,231
Average27,28225,33825,61226,79727,22931,34132,17031,63527,56629,19633,13136,95828,983

Italy Table Flatware Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In June 2023, the product with the highest price was cutlery; (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), plated with precious metal, not in sets ($221K per ton), while the average price for exports of cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal ($13,563 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for the following types: cutlery; (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), plated with precious metal, not in sets (+4.3%), while the prices for the other products experienced more modest paces of growth.

Italy Table Flatware Exports

In June 2023, approximately 260 tons of table flatware were exported from Italy; with a decrease of -8.8% on May 2023 figures. Overall, exports saw a slight descent. The most prominent rate of growth was recorded in February 2023 when exports increased by 40% m-o-m.

In value terms, table flatware exports reduced rapidly to $7.5M (IndexBox estimates) in June 2023. In general, exports showed a mild setback. The growth pace was the most rapid in May 2023 when exports increased by 45% month-to-month. As a result, the exports attained the peak of $11M, and then reduced notably in the following month.

Italy Table Flatware Exports by Type

Cutlery; other than plated with precious metal (100 tons), cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter knives, sugar tongs and similar), not plated with precious metal (97 tons) and cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal (62 tons) were the main products of table flatware exports from Italy, with a combined 99% share of total exports.

From June 2022 to June 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal (with a CAGR of +2.5%), while the other products experienced mixed trend patterns.

In value terms, the most traded types of table flatware in Italy were cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter knives, sugar tongs and similar), not plated with precious metal ($3.3M), cutlery; other than plated with precious metal ($3M) and cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal ($836K), together accounting for 95% of total exports.

Cutlery; other than plated with precious metal, with a CAGR of +0.6%, saw the highest rates of growth with regard to the value of exports, among the main product categories over the period under review, while shipments for the other products experienced a decline.

Italy Table Flatware Exports by Country

Germany (48 tons), France (41 tons) and Spain (21 tons) were the main destinations of table flatware exports from Italy, together accounting for 42% of total exports. Romania, Croatia, the United States, Turkey, Greece, Serbia, Latvia, Israel and the Netherlands lagged somewhat behind, together comprising a further 27%.

From June 2022 to June 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +14.7%), while the other leaders experienced more modest paces of growth.

In value terms, France ($1.1M), the United States ($918K) and Germany ($567K) were the largest markets for table flatware exported from Italy worldwide, together comprising 34% of total exports. Spain, Croatia, Greece, Romania, the Netherlands, Turkey, Serbia, Latvia and Israel lagged somewhat behind, together accounting for a further 23%.

Among the main countries of destination, Turkey, with a CAGR of +6.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the table flatware market in Italy. 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:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

  9. 9. EXPORTS

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

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

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