Luxembourg: Table Flatware Market 2025

Table Flatware Market Size in Luxembourg

After four years of decline, the Luxembourg table flatware market increased by 24% to $X in 2022. Overall, consumption, however, continues to indicate a slight reduction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Table Flatware Exports

Exports from Luxembourg

In 2022, exports of table flatware from Luxembourg declined sharply to X tons, waning by -23.2% on 2021 figures. In general, exports, however, continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 125%. As a result, the exports attained the peak of X tons, and then fell rapidly in the following year.

In value terms, table flatware exports fell to $X in 2022. Over the period under review, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 203%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), the UK (X tons) and Germany (X tons) were the main destinations of table flatware exports from Luxembourg, with a combined 73% share of total exports. Greece, Belgium, the Netherlands and Italy lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +54.8%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Germany ($X) were the largest markets for table flatware exported from Luxembourg worldwide, together comprising 74% of total exports. Belgium, Greece, the Netherlands and Italy lagged somewhat behind, together accounting for a further 18%.

The Netherlands, with a CAGR of +54.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average table flatware export price amounted to $X per ton, rising by 16% against the previous year. In general, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 181% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Table Flatware Imports

Imports into Luxembourg

In 2022, purchases abroad of table flatware increased by 14% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 62%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, table flatware imports soared to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 62% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Belgium (X tons) and France (X tons) were the main suppliers of table flatware imports to Luxembourg, together comprising 69% of total imports. Germany, Vietnam, Spain, the United Arab Emirates, Italy and the Netherlands lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +171.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Belgium ($X) appeared to be the largest table flatware suppliers to Luxembourg, together comprising 57% of total imports. Vietnam, Germany, Italy, Spain, the Netherlands and the United Arab Emirates lagged somewhat behind, together comprising a further 34%.

The United Arab Emirates, with a CAGR of +120.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average table flatware import price amounted to $X per ton, surging by 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2020 when the average import price increased by 15%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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