Price for Cutlery; Other than Plated with Precious Metal in the Netherlands - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in the Netherlands (CIF) - 2023
- Price for Cutlery; Other than Plated with Precious Metal in the Netherlands (FOB) - 2023
- Imports of Cutlery; Other than Plated with Precious Metal in the Netherlands
- Exports of Cutlery; Other than Plated with Precious Metal in the Netherlands
Price for Cutlery; Other than Plated with Precious Metal in the Netherlands (CIF) - 2023
In October 2023, the average import price for cutlery; other than plated with precious metals amounted to $11,411 per ton, waning by -8.4% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 26% against the previous month. The import price peaked at $12,452 per ton in September 2023, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($15,179 per ton), while the price for India ($7,261 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cutlery; Other than Plated with Precious Metal in the Netherlands (FOB) - 2023
In October 2023, the average export price for cutlery; other than plated with precious metals amounted to $11,050 per ton, growing by 14% against the previous month. Over the period from November 2022 to October 2023, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in April 2023 an increase of 42% month-to-month. As a result, the export price attained the peak level of $12,322 per ton. From May 2023 to October 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($19,140 per ton), while the average price for exports to Suriname ($3,007 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 France (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in the Netherlands
For the fourth year in a row, the Netherlands recorded growth in purchases abroad of cutlery; other than plated with precious metals, which increased by 18% to 6K tons in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of cutlery; other than plated with precious metals skyrocketed to $60M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cutlery; Other than Plated with Precious Metal in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.7 | 17.2 | 22.0 | 29.1 | 22.8% |
| Germany | 2.6 | 2.4 | 11.7 | 17.1 | 87.4% |
| Vietnam | 2.8 | 1.8 | 4.4 | 6.6 | 33.1% |
| India | 0.9 | 0.7 | 1.4 | 1.3 | 13.0% |
| Belgium | 1.2 | 1.7 | 1.4 | 1.2 | 0.0% |
| Others | 4.6 | 3.9 | 3.6 | 4.3 | -2.2% |
| Total | 27.8 | 27.7 | 44.5 | 59.5 | 28.9% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to the Netherlands in 2022:
- China (3724.1 tons)
- Germany (1194.9 tons)
- Vietnam (493.9 tons)
- India (155.7 tons)
- Belgium (82.4 tons)
Exports of Cutlery; Other than Plated with Precious Metal in the Netherlands
Exports of cutlery; other than plated with precious metals from the Netherlands reduced to 4.8K tons in 2022, waning by -3.3% compared with 2021 figures. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of 5K tons, and then contracted slightly in the following year.
In value terms, exports of cutlery; other than plated with precious metals skyrocketed to $40M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cutlery; Other than Plated with Precious Metal in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.3 | 10.3 | 12.7 | 14.1 | 19.3% |
| Iraq | 11.2 | 3.4 | 3.2 | 6.4 | -17.0% |
| Belgium | 2.8 | 2.4 | 3.8 | 3.3 | 5.6% |
| France | 1.8 | 1.8 | 3.1 | 3.1 | 19.9% |
| Poland | 0.7 | 0.7 | 1.3 | 1.6 | 31.7% |
| Spain | 0.4 | 0.3 | 0.5 | 1.3 | 48.1% |
| Portugal | 0.4 | 0.7 | 0.7 | 1.1 | 40.1% |
| United Kingdom | 1.0 | 0.9 | 0.6 | 0.5 | -20.6% |
| Suriname | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 4.1 | 4.1 | 5.9 | 8.8 | 29.0% |
| Total | 31.0 | 24.8 | 31.8 | 40.3 | 9.1% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from the Netherlands in 2022:
- Germany (1620.0 tons)
- Iraq (1098.3 tons)
- France (419.7 tons)
- Belgium (396.3 tons)
- Suriname (260.3 tons)
- Portugal (140.7 tons)
- Poland (140.1 tons)
- Spain (86.1 tons)
- United Kingdom (32.5 tons)
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