Australia - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTable Flatware Price in Australia - 2023
Contents:
- Table Flatware Price in Australia (CIF) - 2023
- Table Flatware Price in Australia (FOB) - 2023
- Table Flatware Imports in Australia
- Table Flatware Exports in Australia
Table Flatware Price in Australia (CIF) - 2023
In August 2023, the average table flatware import price amounted to $11,864 per ton, almost unchanged from the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 49% m-o-m. Over the period under review, average import prices reached the maximum at $17,757 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from India ($12,007 per ton) and China ($11,829 per ton), while the price for France ($11,722 per ton) and Vietnam ($11,773 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Table Flatware Price in Australia (FOB) - 2023
The average table flatware export price stood at $21,092 per ton in August 2023, falling by -4.7% against the previous month. Over the period under review, export price indicated a measured increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, table flatware export price increased by +28.6% against March 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 54% m-o-m. As a result, the export price attained the peak level of $25,354 per ton. From December 2022 to August 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In August 2023, the highest price was recorded for prices to Singapore ($21,555 per ton) and the United Arab Emirates ($21,194 per ton), while the average price for exports to Indonesia ($20,866 per ton) and Papua New Guinea ($20,868 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Table Flatware Imports in Australia
In 2022, imports of table flatware into Australia declined dramatically to 4.7K tons, waning by -17.4% compared with 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 +29.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 5.6K tons, and then contracted remarkably in the following year.
In value terms, table flatware imports dropped to $54M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +45.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of $61M, and then declined in the following year.
| Import of Table Flatware in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.0 | 28.7 | 43.0 | 40.9 | 12.1% |
| India | 3.3 | 3.6 | 4.3 | 5.8 | 20.7% |
| Vietnam | 2.3 | 1.6 | 10.0 | 2.9 | 8.0% |
| France | 0.5 | 0.7 | 1.2 | 1.5 | 44.2% |
| Others | 2.3 | 2.3 | 2.7 | 2.8 | 6.8% |
| Total | 37.3 | 36.9 | 61.2 | 53.8 | 13.0% |
Top Suppliers of Table Flatware to Australia in 2022:
- China (3553.6 tons)
- India (487.9 tons)
- Vietnam (254.0 tons)
- France (127.1 tons)
Table Flatware Exports in Australia
In 2022, approx. 269 tons of table flatware were exported from Australia; growing by 111% on 2021. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, table flatware exports surged to $4M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Table Flatware in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 505 | 429 | 661 | 2,794 | 76.9% |
| United States | 218 | 73.9 | 106 | 295 | 10.6% |
| Singapore | 184 | 64.0 | 52.4 | 134 | -10.0% |
| Malaysia | 1.0 | 90.5 | 109 | 131 | 407.9% |
| United Kingdom | 72.1 | 35.3 | 19.5 | 104 | 13.0% |
| Hong Kong SAR | 130 | 46.9 | 18.2 | 36.2 | -34.7% |
| Netherlands | 92.3 | 115 | 57.5 | 3.5 | -66.4% |
| Others | 491 | 227 | 304 | 528 | 2.5% |
| Total | 1,694 | 1,081 | 1,327 | 4,026 | 33.5% |
Top Export Markets for Table Flatware from Australia in 2022:
- New Zealand (205.5 tons)
- United States (13.3 tons)
- Singapore (8.7 tons)
- Malaysia (8.0 tons)
- United Kingdom (6.4 tons)
- Hong Kong SAR (2.2 tons)
- Netherlands (0.2 tons)
This report provides an in-depth analysis of the table flatware market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25711430 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of stainless steel or other base metal
- Prodcom 25711480 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of base metal, silver- , gold- or platinum plated
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
634
This report provides an in-depth analysis of the table flatware market in Australia.
333
This report provides an in-depth analysis of the market for silver and gold plated flatware in Australia.
219
This report provides an in-depth analysis of the stainless steel tableware market in Australia.
1817
This report provides an in-depth analysis of the global table flatware market.
447
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.
650
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
634
This report provides an in-depth analysis of the table flatware market in Australia.
333
This report provides an in-depth analysis of the market for silver and gold plated flatware in Australia.
219
This report provides an in-depth analysis of the stainless steel tableware market in Australia.
1817
This report provides an in-depth analysis of the global table flatware market.
258
In May 2023, the price of Table Flatware remained steady at $11,607 per ton (CIF, Australia), similar to the previous month.
529
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
894
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...
628
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...
1142
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...
1405
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...
1411
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...
1927
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...
258
In May 2023, the price of Table Flatware remained steady at $11,607 per ton (CIF, Australia), similar to the previous month.
529
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
