Scandinavia: Table Flatware Market 2025

Table Flatware Market Size in Scandinavia

The Scandinavia table flatware market rose notably to $X in 2022, increasing by 11% against the previous year. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Table Flatware Production in Scandinavia

In value terms, table flatware production soared to $X in 2022 estimated in export price. Over the period under review, production saw a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 253%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Table Flatware Exports

Exports in Scandinavia

In 2022, approx. X tons of table flatware were exported in Scandinavia; waning by -15.8% against the previous year. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 36%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, table flatware exports reduced remarkably to $X in 2022. Over the period under review, exports, however, showed a mild expansion. The growth pace was the most rapid in 2016 when exports increased by 21%. Over the period under review, the exports hit record highs at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Sweden represented the major exporter of table flatware in Scandinavia, with the volume of exports amounting to X tons, which was near 69% of total exports in 2022. Norway (X tons) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by Finland (12%).

Exports from Sweden decreased at an average annual rate of -1.3% from 2012 to 2022. Finland and Norway experienced a relatively flat trend pattern. While the share of Norway (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (-3.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest table flatware supplier in Scandinavia, comprising 58% of total exports. The second position in the ranking was taken by Norway ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden amounted to +2.6%. In the other countries, the average annual rates were as follows: Norway (-0.1% per year) and Finland (-1.9% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 when the export price increased by 21% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.0%), while the other leaders experienced a decline in the export price figures.

Table Flatware Imports

Imports in Scandinavia

In 2022, approx. X tons of table flatware were imported in Scandinavia; with an increase of 4.8% compared with 2021. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 16% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, table flatware imports reached $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Sweden (X tons) represented the key importer of table flatware, achieving 56% of total imports. It was distantly followed by Norway (X tons) and Finland (X tons), together generating a 44% share of total imports.

Sweden was also the fastest-growing in terms of the table flatware imports, with a CAGR of +2.3% from 2012 to 2022. At the same time, Finland (+1.7%) displayed positive paces of growth. Norway experienced a relatively flat trend pattern. From 2012 to 2022, the share of Sweden increased by +3.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Sweden, with a CAGR of +3.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 an increase of 13%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform