Report World - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Global Table Flatware Market 2024

Table Flatware Market Size

The global table flatware market contracted to $X in 2022, with a decrease of -4.1% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the global market remained at a lower figure.

Table Flatware Production

In value terms, table flatware production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 11% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, global production growth failed to regain momentum.

Table Flatware Exports

Exports

In 2022, approx. X tons of table flatware were exported worldwide; surging by 2.8% on 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 26%. Over the period under review, the global exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, table flatware exports rose sharply to $X in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 32%. The global exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China dominates exports structure, amounting to X tons, which was near 81% of total exports in 2022. The following exporters - India (X tons), Vietnam (X tons), Germany (X tons) and the Netherlands (X tons) - together made up 9.1% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of table flatware. At the same time, the Netherlands (+3.6%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +3.6% from 2012-2022. Germany and Vietnam experienced a relatively flat trend pattern. By contrast, India (-2.9%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest table flatware supplier worldwide, comprising 73% of global exports. The second position in the ranking was taken by Vietnam ($X), with a 4% share of global exports. It was followed by Germany, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +3.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+0.6% per year) and Germany (+0.9% per year).

Export Prices by Country

The average table flatware export price stood at $X per ton in 2022, picking up by 4% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2021 when the average export price increased by 11%. The global export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.9%), while the other global leaders experienced more modest paces of growth.

Table Flatware Imports

Imports

In 2022, approx. X tons of table flatware were imported worldwide; waning by -4.5% compared with the year before. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of X tons, and then fell modestly in the following year.

In value terms, table flatware imports rose to $X in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The United States was the key importer of table flatware in the world, with the volume of imports amounting to X tons, which was near 25% of total imports in 2022. Indonesia (X tons) held a 5.8% share (based on physical terms) of total imports, which put it in second place, followed by Germany (5.1%). France (X tons), the UK (X tons), Iraq (X tons), the Netherlands (X tons), the United Arab Emirates (X tons), Spain (X tons), Brazil (X tons), Poland (X tons), Italy (X tons) and Canada (X tons) took a little share of total imports.

Imports into the United States increased at an average annual rate of +8.8% from 2012 to 2022. At the same time, Iraq (+20.2%), Indonesia (+9.3%), Poland (+9.1%), the Netherlands (+4.3%), Spain (+4.1%) and Italy (+2.6%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of +20.2% from 2012-2022. Germany, France and Canada experienced a relatively flat trend pattern. By contrast, the UK (-1.0%), the United Arab Emirates (-2.2%) and Brazil (-3.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Indonesia and Iraq increased by +13, +3.1 and +2.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported table flatware worldwide, comprising 22% of global imports. The second position in the ranking was taken by Germany ($X), with an 8.3% share of global imports. It was followed by France, with a 4.9% share.

In the United States, table flatware imports increased at an average annual rate of +3.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+2.9% per year) and France (+0.9% per year).

Import Prices by Country

In 2022, the average table flatware import price amounted to $X per ton, surging by 6.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 9.8%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+4.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 50% share of global consumption. These countries were followed by Russia, Bangladesh, Pakistan, Indonesia and Nigeria, which together accounted for a further 11%.
China remains the largest table flatware producing country worldwide, 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. India ranked third in terms of total production with a 6% share.
In value terms, China remains the largest table flatware supplier worldwide, comprising 65% of global exports. The second position in the ranking was occupied by Germany, with a 5.3% share of global exports. It was followed by Vietnam, with a 4.8% share.
In value terms, the United States constitutes the largest market for imported table flatware worldwide, comprising 25% of global imports. The second position in the ranking was occupied by Germany, with a 7.2% share of global imports. It was followed by the Netherlands, with a 5% share.
The average table flatware export price stood at $8,202 per ton in 2021, remaining relatively unchanged against the previous year.
In 2021, the average table flatware import price amounted to $6,937 per ton, declining by -6.7% against the previous year.

This report provides an in-depth analysis of the global table flatware market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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