Price for Cutlery; Other than Plated with Precious Metal in the United Arab Emirates - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in the United Arab Emirates (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in the United Arab Emirates (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in the United Arab Emirates
- Exports of Cutlery; Other than Plated with Precious Metal in the United Arab Emirates
Price for Cutlery; Other than Plated with Precious Metal in the United Arab Emirates (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $4,490 per ton in 2022, falling by -16.5% against the previous year. Over the period under review, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2020 an increase of 14%. As a result, import price attained the peak level of $6,829 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($14,436 per ton), while the price for China ($3,132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced a decline.
Price for Cutlery; Other than Plated with Precious Metal in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $2,987 per ton, declining by -68.7% against the previous year. Over the period under review, the export price faced a abrupt slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 33% against the previous year. The export price peaked at $17,966 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($19,737 per ton), while the average price for exports to Democratic Republic of the Congo ($920 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 Saudi Arabia (-3.6%), while the prices for the other major destinations experienced a decline.
Imports of Cutlery; Other than Plated with Precious Metal in the United Arab Emirates
In 2022, the amount of cutlery; other than plated with precious metals imported into the United Arab Emirates declined notably to 5.6K tons, dropping by -29.5% against the year before. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports attained the peak of 7.9K tons, and then declined remarkably in the following year.
In value terms, imports of cutlery; other than plated with precious metals dropped remarkably to $25M in 2022. In general, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of $43M, and then fell significantly in the following year.
| Import of Cutlery; Other than Plated with Precious Metal in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.3 | 26.3 | 34.9 | 13.8 | -24.7% |
| India | 2.7 | 1.9 | 3.3 | 3.8 | 12.1% |
| Vietnam | 1.7 | 0.7 | 0.5 | 2.9 | 19.5% |
| Others | 3.3 | 2.6 | 3.9 | 4.6 | 11.7% |
| Total | 40.1 | 31.5 | 42.7 | 25.1 | -14.5% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to the United Arab Emirates in 2022:
- China (4.4K tons)
- India (0.7K tons)
- Vietnam (0.2K tons)
Exports of Cutlery; Other than Plated with Precious Metal in the United Arab Emirates
In 2022, shipments abroad of cutlery; other than plated with precious metals increased by 2,203% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cutlery; other than plated with precious metals skyrocketed to $8.4M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cutlery; Other than Plated with Precious Metal in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 2,926 | 0% |
| Saudi Arabia | N/A | 2.8 | 3.1 | 1,128 | 1907.1% |
| Oman | 862 | 1,460 | 490 | 733 | -5.3% |
| Qatar | N/A | N/A | N/A | 552 | 0% |
| Bahrain | 4.4 | 8.2 | 53.6 | 316 | 315.7% |
| Uganda | 9.9 | 5.5 | 16.3 | 206 | 175.0% |
| Democratic Republic of the Congo | 6.9 | 6.0 | 6.8 | 59.4 | 104.9% |
| Tanzania | 19.7 | 4.9 | 7.6 | 58.5 | 43.7% |
| Others | 621 | 295 | 584 | 2,386 | 56.6% |
| Total | 1,524 | 1,783 | 1,162 | 8,366 | 76.4% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from the United Arab Emirates in 2022:
- Iraq (2139.3 tons)
- Qatar (78.8 tons)
- Democratic Republic of the Congo (64.6 tons)
- Uganda (63.4 tons)
- Bahrain (57.2 tons)
- Saudi Arabia (57.2 tons)
- Tanzania (45.1 tons)
- Oman (41.0 tons)
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