Price for Cutlery; Other than Plated with Precious Metal in Italy - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Italy (FOB) - 2023
- Price for Cutlery; Other than Plated with Precious Metal in Italy (CIF) - 2022
- Exports of Cutlery; Other than Plated with Precious Metal in Italy
- Imports of Cutlery; Other than Plated with Precious Metal in Italy
Price for Cutlery; Other than Plated with Precious Metal in Italy (FOB) - 2023
The average export price for cutlery; other than plated with precious metals stood at $27,310 per ton in October 2023, shrinking by -2.7% against the previous month. Over the period under review, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 31% m-o-m. As a result, the export price reached the peak level of $33,299 per ton. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United Arab Emirates ($62,033 per ton), while the average price for exports to Ukraine ($12,376 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Italy (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $12,506 per ton in 2022, rising by 5.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 9.8%. Over the period under review, average import prices reached the peak figure at $13,143 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($17,086 per ton), while the price for Slovakia ($8,533 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cutlery; Other than Plated with Precious Metal in Italy
In 2022, approx. 1.3K tons of cutlery; other than plated with precious metals were exported from Italy; with an increase of 3.1% compared with 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cutlery; other than plated with precious metals reduced modestly to $37M in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports reached the peak of $38M, and then reduced modestly in the following year.
| Export of Cutlery; Other than Plated with Precious Metal in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 2.3 | 3.9 | 4.3 | 7.1% |
| Germany | 3.8 | 3.5 | 5.2 | 4.1 | 2.6% |
| France | 2.7 | 2.6 | 4.4 | 3.2 | 5.8% |
| Spain | 3.3 | 1.3 | 2.5 | 2.9 | -4.2% |
| South Korea | 1.6 | 2.3 | 2.5 | 2.3 | 12.9% |
| Netherlands | 1.0 | 0.9 | 1.5 | 1.4 | 11.9% |
| Switzerland | 1.0 | 1.2 | 1.1 | 1.2 | 6.3% |
| United Kingdom | 1.0 | 0.9 | 1.2 | 1.1 | 3.2% |
| Belgium | 1.7 | 0.7 | 0.9 | 1.1 | -13.5% |
| Poland | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
| Romania | 0.4 | 0.3 | 0.6 | 0.7 | 20.5% |
| Austria | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| Croatia | 0.6 | 0.2 | 0.5 | 0.7 | 5.3% |
| Others | 10.9 | 7.9 | 11.5 | 12.1 | 3.5% |
| Total | 32.7 | 25.4 | 37.6 | 36.5 | 3.7% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Italy in 2022:
- Spain (147.4 tons)
- Germany (141.4 tons)
- France (109.9 tons)
- United States (92.4 tons)
- Romania (57.8 tons)
- Belgium (43.0 tons)
- Netherlands (41.9 tons)
- Poland (38.8 tons)
- South Korea (35.9 tons)
- Croatia (32.6 tons)
- United Kingdom (27.5 tons)
- Austria (27.4 tons)
- Switzerland (24.3 tons)
Imports of Cutlery; Other than Plated with Precious Metal in Italy
In 2022, the amount of cutlery; other than plated with precious metals imported into Italy soared to 2.6K tons, growing by 46% 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 +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cutlery; other than plated with precious metals skyrocketed to $32M in 2022. In general, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cutlery; Other than Plated with Precious Metal in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.3 | 6.6 | 8.5 | 12.8 | 15.5% |
| Vietnam | 4.5 | 3.3 | 3.1 | 9.0 | 26.0% |
| Belgium | 1.9 | 1.8 | 1.5 | 3.3 | 20.2% |
| Germany | 1.4 | 1.0 | 2.0 | 1.5 | 2.3% |
| France | 1.3 | 1.1 | 1.5 | 1.1 | -5.4% |
| Spain | 0.5 | 0.5 | 1.3 | 0.9 | 21.6% |
| Slovakia | N/A | N/A | N/A | 0.6 | 0% |
| India | 0.3 | 0.1 | 0.2 | 0.4 | 10.1% |
| Others | 1.7 | 1.8 | 2.6 | 2.5 | 13.7% |
| Total | 19.9 | 16.1 | 20.7 | 32.1 | 17.3% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Italy in 2022:
- China (1261.6 tons)
- Vietnam (524.0 tons)
- Belgium (227.6 tons)
- Germany (148.4 tons)
- France (76.6 tons)
- Slovakia (67.0 tons)
- Spain (59.5 tons)
- India (39.4 tons)
216
This report provides an in-depth analysis of the stainless steel tableware market in Italy.
528
This report provides an in-depth analysis of the table flatware market in Italy.
352
This report provides an in-depth analysis of the market for silver and gold plated flatware in Italy.
661
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
1834
This report provides an in-depth analysis of the global table flatware market.
451
Global Market for Silver And Gold Plated Flatware. This report provides an in-depth analysis of the global market for silver and gold plated flatware.
216
This report provides an in-depth analysis of the stainless steel tableware market in Italy.
528
This report provides an in-depth analysis of the table flatware market in Italy.
352
This report provides an in-depth analysis of the market for silver and gold plated flatware in Italy.
661
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
250
In June 2023, the price of Table Flatware reached $28,983 per ton (FOB, Italy), experiencing a significant decrease of 21.6% compared to the previous month.
552
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
918
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
646
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
1155
In value terms, base metals and silver, clad with gold imports stood at $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an average ann...
1425
In value terms, base metals, silver and gold, clad with platinum imports stood at $X in 2016. In general, base metals, silver and gold, clad with platinum imports continue to indicate a prominent i...
1425
In value terms, base metals and silver, clad with gold exports totaled $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total exports value increased at an average annual rat...
1938
In value terms, base metals, silver and gold, clad with platinum exports totaled $X in 2016. Overall, base metals, silver and gold, clad with platinum exports continue to indicate a deep shrinkage. O...
250
In June 2023, the price of Table Flatware reached $28,983 per ton (FOB, Italy), experiencing a significant decrease of 21.6% compared to the previous month.
552
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
