Middle East: Market for Silver And Gold Plated Flatware 2019

Market Size for Silver And Gold Plated Flatware in Middle East

The revenue of the silver and gold plated flatware market in Middle East amounted to $X in 2017, rising by X% against the previous year. The total market indicated a prominent growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the consumption of silver and gold plated flatware increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Over the period under review, the market for silver and gold plated flatware attained its peak figure level in 2017, and is likely to see steady growth in the near future.

Production of Silver And Gold Plated Flatware in Middle East

The production of silver and gold plated flatware stood at X units in 2017, surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. The volume of production of silver and gold plated flatware peaked in 2017, and is expected to retain its growth in the immediate term.

Exports of Silver And Gold Plated Flatware in Middle East

In 2017, approx. X units of silver and gold plated flatware were exported in Middle East; remaining stable against the previous year. The exports of silver and gold plated flatware continue to indicate a deep descent. The most prominent rate of growth was recorded in 2014, when exports increased by X% year-to-year. In that year, the exports of silver and gold plated flatware reached their peak volume of X units. From 2015 to 2017, growth of the exports of silver and gold plated flatware failed to regain its momentum.

In value terms, exports of silver and gold plated flatware stood at $X in 2017. The exports of silver and gold plated flatware continue to indicate a slight contraction. In that year, the exports of silver and gold plated flatware attained their peak level of $X. From 2015 to 2017, growth of the exports of silver and gold plated flatware stood at a somewhat lower level.

Exports of Silver And Gold Plated Flatware by Country in Middle East

The United Arab Emirates prevails in exports of silver and gold plated flatware structure, resulting at X units, which was near X% of total exports in 2017. It was distantly followed by Turkey (X units), generating X% share of total exports. Kuwait (X units) followed a long way behind the leaders.

Exports from the United Arab Emirates decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Kuwait (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. While the share of the United Arab Emirates (X%) increased significantly in terms of the global exports from 2007-2017, the share of Kuwait (-X%) and Turkey (-X%) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest silver and gold plated flatware supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Kuwait, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the United Arab Emirates stood at -X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Kuwait (+X% per year).

Export Prices for Silver And Gold Plated Flatware by Country in Middle East

In 2017, the export price for silver and gold plated flatware in Middle East amounted to $X per thousand units, going up by X% against the previous year. The export price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the export price for silver and gold plated flatware increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% year-to-year. Over the period under review, the export prices for silver and gold plated flatware reached its maximum level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Kuwait ($X per unit), while the United Arab Emirates ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Imports of Silver And Gold Plated Flatware in Middle East

The imports amounted to X units in 2017, dropping by -X% against the previous year. The imports of silver and gold plated flatware continue to indicate a deep deduction. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the imports of silver and gold plated flatware attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, imports of silver and gold plated flatware stood at $X in 2017. The imports of silver and gold plated flatware continue to indicate a deep setback. In that year, the imports of silver and gold plated flatware reached their peak level of $X. From 2015 to 2017, growth of the imports of silver and gold plated flatware stood at a somewhat lower level.

Imports of Silver And Gold Plated Flatware by Country in Middle East

The United Arab Emirates represented the major importing country with an import of about X units, which resulted at X% of total imports. Iran (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Lebanon (X%), Qatar (X%), Saudi Arabia (X%) and Turkey (X%). Kuwait (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Iran (+X%), Lebanon (+X%) and Qatar (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Kuwait and Turkey experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) and Saudi Arabia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Qatar (-X%), Lebanon (-X%) and Iran (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest silver and gold plated flatware markets worldwide were the United Arab Emirates ($X), Qatar ($X) and Lebanon ($X), together accounting for X% of total imports. Turkey, Iran, Kuwait and Saudi Arabia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Iran (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices for Silver And Gold Plated Flatware by Country in Middle East

In 2017, the import price for silver and gold plated flatware in Middle East amounted to $X per thousand units, jumping by X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the import price for silver and gold plated flatware increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Qatar ($X per unit), while Iran ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform