Asia-Pacific: Market for Tableware And Kitchenware Of Wood 2025

Market Size for Tableware And Kitchenware Of Wood in Asia-Pacific

In 2021, the Asia-Pacific wood kitchenware and tableware market decreased by -4.4% to $X for the first time since 2018, thus ending a two-year rising trend. The total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then reduced in the following year.

Production of Tableware And Kitchenware Of Wood in Asia-Pacific

In value terms, wood kitchenware and tableware production shrank to $X in 2021 estimated in export price. The total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +73.3% against 2012 indices. The pace of growth was the most pronounced in 2019 with an increase of 25% against the previous year. The level of production peaked at $X in 2020, and then fell modestly in the following year.

Exports of Tableware And Kitchenware Of Wood

Exports in Asia-Pacific

Wood kitchenware and tableware exports surged to X tons in 2021, increasing by 29% against 2020. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.1% against 2012 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood kitchenware and tableware exports surged to $X in 2021. Over the period under review, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. 84% of total exports in 2021. It was distantly followed by Vietnam (X tons), making up a 7.5% share of total exports. The following exporters - India (X tons), Indonesia (X tons) and Thailand (X tons) - together made up 6.8% of total exports.

Exports from China increased at an average annual rate of +7.1% from 2012 to 2021. At the same time, Indonesia (+28.4%), India (+22.7%), Vietnam (+13.3%) and Thailand (+3.4%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +28.4% from 2012-2021. From 2012 to 2021, the share of Vietnam, India and Indonesia increased by +2.8, +1.8 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wood kitchenware and tableware supplier in Asia-Pacific, comprising 81% of total exports. The second position in the ranking was held by Vietnam ($X), with a 6.7% share of total exports. It was followed by India, with a 4% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +12.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+11.2% per year) and India (+32.6% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, with an increase of 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the other leaders experienced more modest paces of growth.

Imports of Tableware And Kitchenware Of Wood

Imports in Asia-Pacific

In 2021, wood kitchenware and tableware imports in Asia-Pacific stood at X tons, growing by 8.1% on 2020. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 12%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, wood kitchenware and tableware imports surged to $X in 2021. The total import value increased at an average annual rate of +5.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Japan (X tons) represented the major importer of tableware and kitchenware of wood, committing 38% of total imports. China (X tons) took the second position in the ranking, followed by South Korea (X tons), Taiwan (Chinese) (X tons), Australia (X tons) and Thailand (X tons). All these countries together held approx. 51% share of total imports. India (X tons) took a little share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of tableware and kitchenware of wood. At the same time, India (+35.2%), Thailand (+14.2%), South Korea (+9.4%), Australia (+8.8%), China (+8.2%) and Taiwan (Chinese) (+2.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +35.2% from 2012-2021. While the share of South Korea (+5 p.p.), China (+4.4 p.p.), Thailand (+3.4 p.p.), India (+2.3 p.p.) and Australia (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-15.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported tableware and kitchenware of wood in Asia-Pacific, comprising 41% of total imports. The second position in the ranking was taken by Australia ($X), with a 15% share of total imports. It was followed by South Korea, with a 14% share.

In Japan, wood kitchenware and tableware imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Australia (+16.6% per year) and South Korea (+16.9% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, growing by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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