Colombia - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTable Flatware Price in Colombia - 2022
Contents:
- Table Flatware Price in Colombia (CIF) - 2022
- Table Flatware Price in Colombia (FOB) - 2022
- Table Flatware Imports in Colombia
- Table Flatware Exports in Colombia
Table Flatware Price in Colombia (CIF) - 2022
The average table flatware import price stood at $3,313 per ton in February 2022, declining by -13.6% against the previous month. Over the period under review, import price indicated buoyant growth from February 2021 to February 2022: its price increased at an average monthly rate of +6.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, table flatware import price decreased by -13.6% against January 2022 indices. The growth pace was the most rapid in March 2021 an increase of 93% month-to-month. The import price peaked at $4,495 per ton in October 2021; however, from November 2021 to February 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was India ($8,453 per ton), while the price for Brazil ($2,372 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by India (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Table Flatware Price in Colombia (FOB) - 2022
In 2022, the average table flatware export price amounted to $13,483 per ton, reducing by -5.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 32% against the previous year. As a result, the export price attained the peak level of $17,116 per ton. From 2018 to 2022, the average 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 El Salvador ($34,857 per ton), while the average price for exports to Chile ($9,167 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 El Salvador (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Table Flatware Imports in Colombia
In 2022, table flatware imports into Colombia fell dramatically to 2.3K tons, which is down by -17.1% against 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 2.8K tons, and then reduced rapidly in the following year.
In value terms, table flatware imports declined notably to $10M in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year.
| Import of Table Flatware in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.5 | 5.3 | 8.6 | 7.9 | -6.0% |
| Brazil | 1.8 | 2.0 | 2.0 | 1.0 | -17.8% |
| Others | 1.3 | 0.9 | 1.5 | 1.2 | -2.6% |
| Total | 12.5 | 8.1 | 12.1 | 10.1 | -6.9% |
Top Suppliers of Table Flatware to Colombia in 2022:
- China (2088.7 tons)
- Brazil (106.0 tons)
Table Flatware Exports in Colombia
Table flatware exports from Colombia declined slightly to 8 tons in 2022, which is down by -3.7% on 2021 figures. Overall, exports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 2.1% against the previous year.
In value terms, table flatware exports contracted to $108K in 2022. In general, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 21%.
| Export of Table Flatware in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 62.3 | 30.4 | 15.6 | 23.6 | -27.6% |
| Ecuador | 64.1 | 1.7 | 23.3 | 22.5 | -29.5% |
| Germany | 16.5 | 16.5 | 24.5 | 20.8 | 8.0% |
| Panama | 19.3 | 12.7 | 7.2 | 9.5 | -21.0% |
| Netherlands | 6.8 | 8.5 | 12.9 | 8.7 | 8.6% |
| Curacao | 5.8 | 6.7 | 9.6 | 7.2 | 7.5% |
| Costa Rica | 0.1 | 0.6 | 2.1 | 4.8 | 263.4% |
| Guatemala | 6.6 | 6.3 | 2.1 | 3.5 | -19.1% |
| Bolivia | 8.4 | 0.7 | 3.1 | 3.1 | -28.3% |
| Others | 25.0 | 13.3 | 17.5 | 3.8 | -46.6% |
| Total | 215 | 97.4 | 118 | 108 | -20.5% |
Top Export Markets for Table Flatware from Colombia in 2022:
- Germany (2117.0 kg)
- Ecuador (1535.0 kg)
- Peru (1314.0 kg)
- Panama (1005.0 kg)
- Netherlands (463.0 kg)
- Curacao (448.0 kg)
- Costa Rica (390.0 kg)
- Guatemala (235.0 kg)
- Bolivia (154.0 kg)
This report provides an in-depth analysis of the table flatware market in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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.
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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
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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
487
This report provides an in-depth analysis of the table flatware market in Colombia.
293
This report provides an in-depth analysis of the market for silver and gold plated flatware in Colombia.
228
This report provides an in-depth analysis of the stainless steel tableware market in Colombia.
1826
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.
656
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
487
This report provides an in-depth analysis of the table flatware market in Colombia.
293
This report provides an in-depth analysis of the market for silver and gold plated flatware in Colombia.
228
This report provides an in-depth analysis of the stainless steel tableware market in Colombia.
1826
This report provides an in-depth analysis of the global table flatware market.
544
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
911
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...
638
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...
1149
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...
1418
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...
1417
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...
1933
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...
544
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
911
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...
638
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...
