Price for Cutlery; Other than Plated with Precious Metal in Argentina - 2023

Contents:

  1. Price for Cutlery; Other than Plated with Precious Metal in Argentina (CIF) - 2022
  2. Price for Cutlery; Other than Plated with Precious Metal in Argentina (FOB) - 2022
  3. Imports of Cutlery; Other than Plated with Precious Metal in Argentina
  4. Exports of Cutlery; Other than Plated with Precious Metal in Argentina

Price for Cutlery; Other than Plated with Precious Metal in Argentina (CIF) - 2022

In 2022, the average import price for cutlery; other than plated with precious metals amounted to $9,411 per ton, growing by 7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 11%. Over the period under review, average import prices hit record highs at $10,279 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($15,305 per ton), while the price for India ($5,221 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cutlery; Other than Plated with Precious Metal in Argentina (FOB) - 2022

The average export price for cutlery; other than plated with precious metals stood at $15,138 per ton in 2022, surging by 76% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. Over the period under review, the average export prices hit record highs at $42,713 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($56,362 per ton), while the average price for exports to Uruguay ($12,039 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 Paraguay (+12.9%), while the prices for the other major destinations experienced a decline.

Imports of Cutlery; Other than Plated with Precious Metal in Argentina

In 2022, approx. 704 tons of cutlery; other than plated with precious metals were imported into Argentina; rising by 35% against the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cutlery; other than plated with precious metals surged to $6.6M in 2022. In general, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cutlery; Other than Plated with Precious Metal in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.82.53.74.819.7%
China0.70.50.71.426.0%
Vietnam0.30.10.10.2-12.6%
India0.1N/A0.10.10.0%
Others0.10.2N/AN/A100.0%
Total4.03.44.66.618.2%

Top Suppliers of Cutlery; Other than Plated with Precious Metal to Argentina in 2022:

  1. Brazil (447.1 tons)
  2. China (217.0 tons)
  3. India (22.6 tons)
  4. Vietnam (15.1 tons)

Exports of Cutlery; Other than Plated with Precious Metal in Argentina

In 2022, after three years of growth, there was significant decline in overseas shipments of cutlery; other than plated with precious metals, when their volume decreased by -47.2% to 3.5 tons. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 202% against the previous year. As a result, the exports attained the peak of 6.6 tons, and then shrank dramatically in the following year.

In value terms, exports of cutlery; other than plated with precious metals contracted to $53K in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 140%. As a result, the exports attained the peak of $57K, and then contracted in the following year.

Export of Cutlery; Other than Plated with Precious Metal in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile6.26.417.628.165.5%
Uruguay5.416.839.521.257.8%
France1.7N/AN/A3.324.7%
United States10.70.6N/A0.6-61.7%
Others1.6N/AN/AN/A0%
Total25.523.857.153.127.7%

Top Export Markets for Cutlery; Other than Plated with Precious Metal from Argentina in 2022:

  1. Uruguay (1757.0 kg)
  2. Chile (1672.0 kg)
  3. France (58.0 kg)
  4. United States (22.0 kg)

Source: IndexBox Market Intelligence Platform

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