Austria - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Austria - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights

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Table Flatware Price in Austria - 2023

Contents:

  1. Table Flatware Price in Austria (CIF) - 2023
  2. Table Flatware Price in Austria (FOB) - 2023
  3. Table Flatware Imports in Austria
  4. Table Flatware Exports in Austria

Table Flatware Price in Austria (CIF) - 2023

The average table flatware import price stood at $20,641 per ton in July 2023, picking up by 53% against the previous month. Over the period under review, import price indicated a notable increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, table flatware import price increased by +53.3% against June 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($35,005 per ton), while the price for the UK ($6,151 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Table Flatware Price in Austria (FOB) - 2023

The average table flatware export price stood at $28,120 per ton in July 2023, growing by 8.5% against the previous month. Overall, export price indicated modest growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, table flatware export price increased by +40.6% against April 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 58% against the previous month. As a result, the export price reached the peak level of $29,963 per ton. From January 2023 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($95,508 per ton), while the average price for exports to Slovakia ($10,221 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Table Flatware Imports in Austria

In 2022, overseas purchases of table flatware were finally on the rise to reach 2.8K tons after two years of decline. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, table flatware imports expanded rapidly to $40M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 8.9% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Table Flatware in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.815.814.922.612.7%
China9.99.311.36.8-11.8%
Slovakia1.61.21.32.820.5%
Poland1.52.33.02.213.6%
Italy1.41.21.61.64.6%
Netherlands0.30.20.41.363.0%
Vietnam3.40.91.10.4-51.0%
Turkey0.10.10.10.344.2%
Others3.92.73.01.9-21.3%
Total37.833.836.839.91.8%

Top Suppliers of Table Flatware to Austria in 2022:

  1. Germany (1335.4 tons)
  2. China (843.8 tons)
  3. Slovakia (287.3 tons)
  4. Poland (69.6 tons)
  5. Netherlands (69.0 tons)
  6. Italy (56.1 tons)
  7. Turkey (54.1 tons)
  8. Vietnam (30.4 tons)

Table Flatware Exports in Austria

In 2022, overseas shipments of table flatware were finally on the rise to reach 719 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt contraction.

In value terms, table flatware exports rose rapidly to $13M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 16%.

Export of Table Flatware in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.43.55.45.57.7%
Slovakia2.31.31.12.30.0%
Italy0.50.60.50.817.0%
Poland0.91.00.90.8-3.9%
Czech Republic0.40.70.50.57.7%
Hungary0.40.40.50.57.7%
Romania0.30.30.30.410.1%
Switzerland1.60.20.60.3-42.8%
Others2.01.91.61.4-11.2%
Total12.89.911.512.6-0.5%

Top Export Markets for Table Flatware from Austria in 2022:

  1. Germany (174.5 tons)
  2. Slovakia (134.2 tons)
  3. Italy (96.1 tons)
  4. Poland (70.9 tons)
  5. Hungary (36.8 tons)
  6. Czech Republic (36.5 tons)
  7. Romania (34.3 tons)
  8. Switzerland (21.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the table flatware market in Austria. 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:

  • Austria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Austria
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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