Price for Cutlery; Other than Plated with Precious Metal in Ukraine - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Ukraine (CIF) - 2023
- Price for Cutlery; Other than Plated with Precious Metal in Ukraine (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Ukraine
- Exports of Cutlery; Other than Plated with Precious Metal in Ukraine
Price for Cutlery; Other than Plated with Precious Metal in Ukraine (CIF) - 2023
In December 2023, the average import price for cutlery; other than plated with precious metals amounted to $5,450 per ton, surging by 53% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was India ($5,705 per ton), while the price for China totaled $5,219 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+3.6%).
Price for Cutlery; Other than Plated with Precious Metal in Ukraine (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $3,808 per ton, with a decrease of -22.4% against the previous year. Overall, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2015 an increase of 114% against the previous year. As a result, the export price reached the peak level of $24,235 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($11,333 per ton), while the average price for exports to the United States ($2,285 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 Kazakhstan (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Ukraine
In 2022, imports of cutlery; other than plated with precious metals into Ukraine shrank notably to 575 tons, which is down by -35.5% against 2021. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%.
In value terms, imports of cutlery; other than plated with precious metals shrank notably to $2.5M in 2022. In general, imports showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of $3.5M, and then shrank markedly in the following year.
| Import of Cutlery; Other than Plated with Precious Metal in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,501 | 2,183 | 2,590 | 1,987 | -7.4% |
| India | 344 | 240 | 384 | 229 | -12.7% |
| Italy | 68.9 | 103 | 151 | 144 | 27.9% |
| Others | 257 | 295 | 327 | 168 | -13.2% |
| Total | 3,171 | 2,822 | 3,452 | 2,528 | -7.3% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Ukraine in 2022:
- China (465.6 tons)
- India (82.1 tons)
- Italy (12.6 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Ukraine
For the fourth consecutive year, Ukraine recorded growth in overseas shipments of cutlery; other than plated with precious metals, which increased by 4.3% to 14 tons in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 150%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of cutlery; other than plated with precious metals shrank remarkably to $55K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 217%.
| Export of Cutlery; Other than Plated with Precious Metal in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 3.1 | 10.6 | 13.5 | 20.9 | 88.9% |
| United States | 0.7 | 1.7 | 8.3 | 14.1 | 172.1% |
| Germany | 9.1 | 7.5 | 14.2 | 4.6 | -20.3% |
| Poland | N/A | 0.3 | 0.2 | 2.4 | 182.8% |
| Turkey | N/A | N/A | N/A | 1.1 | 0% |
| Slovakia | N/A | N/A | N/A | 1.0 | 0% |
| Belarus | 0.7 | 2.9 | 5.5 | 0.7 | 0.0% |
| United Arab Emirates | N/A | N/A | 2.3 | N/A | 0% |
| Others | 3.1 | 29.8 | 24.1 | 10.3 | 49.2% |
| Total | 16.7 | 52.9 | 68.0 | 55.1 | 48.9% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Ukraine in 2022:
- United States (6.2 tons)
- Moldova (5.4 tons)
- Poland (0.6 tons)
- Germany (0.5 tons)
- Turkey (0.3 tons)
- Slovakia (0.3 tons)
- Belarus (0.1 tons)
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