Report Update Nov 1, 2024

Ukraine - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Table Flatware Market 2024

Table Flatware Market Size in Ukraine

The Ukrainian table flatware market declined notably to $X in 2022, with a decrease of -31.9% against the previous year. In general, consumption showed a deep reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Table Flatware Production in Ukraine

In value terms, table flatware production reduced to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2015 when the production volume increased by 24% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Table Flatware Exports

Exports from Ukraine

For the third consecutive year, Ukraine recorded growth in overseas shipments of table flatware, which increased by 11% to X tons in 2022. Overall, exports continue to indicate tangible growth. The pace of growth was the most pronounced in 2014 when exports increased by 120%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, table flatware exports contracted sharply to $X in 2022. In general, exports enjoyed a notable increase. The most prominent rate of growth was recorded in 2013 with an increase of 169% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Moldova (X tons), the United States (X tons) and Slovakia (X tons) were the main destinations of table flatware exports from Ukraine, with a combined 75% share of total exports. Germany, Georgia, Poland, Spain and Russia lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +158.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X) emerged as the key foreign market for table flatware exports from Ukraine, comprising 37% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Moldova stood at +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+95.2% per year) and Germany (+20.4% per year).

Export Prices by Country

The average table flatware export price stood at $X per ton in 2022, falling by -27.3% against the previous year. Overall, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2013 an increase of 317%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Slovakia ($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 Germany (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Table Flatware Imports

Imports into Ukraine

In 2022, approx. X tons of table flatware were imported into Ukraine; with a decrease of -38.3% on 2021 figures. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 47% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, table flatware imports fell significantly to $X in 2022. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest table flatware supplier to Ukraine, accounting for a 87% share of total imports. Moreover, table flatware imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -7.0%.

In value terms, China ($X) constituted the largest supplier of table flatware to Ukraine, comprising 85% of total imports. The second position in the ranking was held by India ($X), with a 6.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled -4.5%.

Import Prices by Country

In 2022, the average table flatware import price amounted to $X per ton, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for table flatware in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 50% share of global consumption. Russia, Bangladesh, Pakistan, Indonesia and Nigeria lagged somewhat behind, together comprising a further 11%.

What are the largest producers of table flatware in the world?

The country with the largest volume of table flatware production was China, comprising approx. 40% of total volume. Moreover, table flatware production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6% share.

What are the leading suppliers of table flatware to Ukraine?

In value terms, China constituted the largest supplier of table flatware to Ukraine, comprising 80% of total imports. The second position in the ranking was occupied by India, with a 6.2% share of total imports.

What are the leading importers of table flatware from Ukraine?

In value terms, Germany, Moldova and Russia constituted the largest markets for table flatware exported from Ukraine worldwide, with a combined 68% share of total exports. Georgia, the United States, Belarus and Poland lagged somewhat behind, together accounting for a further 24%.

What is the average export price for table flatware in Ukraine?

In 2021, the average table flatware export price amounted to $6,085 per ton, dropping by -12.1% against the previous year.

What is the average import price for table flatware in Ukraine?

The average table flatware import price stood at $4,256 per ton in 2021, falling by -7.6% against the previous year.

This report provides an in-depth analysis of the table flatware market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25711430 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of stainless steel or other base metal
Prodcom 25711480 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of base metal, silver- , gold- or platinum plated

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023