Northern America: Table Flatware Market 2025

Table Flatware Market Size in Northern America

In 2022, after five years of growth, there was significant decline in the North American table flatware market, when its value decreased by -7.6% to $X. Over the period under review, consumption, however, recorded a slight increase. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Table Flatware Production in Northern America

In value terms, table flatware production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 6.3%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Table Flatware Exports

Exports in Northern America

In 2022, overseas shipments of table flatware increased by 31% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a abrupt setback. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, table flatware exports stood at $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United States (X tons) was the largest exporter of table flatware, generating 88% of total exports. It was distantly followed by Canada (X tons), generating a 12% share of total exports.

The United States was also the fastest-growing in terms of the table flatware exports, with a CAGR of -5.5% from 2012 to 2022. Canada (-9.9%) illustrated a downward trend over the same period. While the share of the United States (+5.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (-5.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest table flatware supplier in Northern America, comprising 93% of total exports. The second position in the ranking was held by Canada ($X), with a 6.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +1.9%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, with a decrease of -18.8% against the previous year. Overall, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 56%. The level of export peaked at $X per ton in 2021, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.9%).

Table Flatware Imports

Imports in Northern America

After four years of growth, supplies from abroad of table flatware decreased by -19.3% to X tons in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted notably in the following year.

In value terms, table flatware imports contracted to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 16%. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

The United States prevails in imports structure, reaching X tons, which was near 94% of total imports in 2022. It was distantly followed by Canada (X tons), creating a 6.3% share of total imports.

The United States was also the fastest-growing in terms of the table flatware imports, with a CAGR of +8.8% from 2012 to 2022. Canada experienced a relatively flat trend pattern. The United States (+6.8 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -6.7% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported table flatware in Northern America, comprising 89% of total imports. The second position in the ranking was held by Canada ($X), with an 11% share of total imports.

In the United States, table flatware imports expanded at an average annual rate of +3.0% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, surging by 14% against the previous year. In general, the import price, however, saw a noticeable contraction. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :