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

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

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Table Flatware Price in Egypt - 2023

Contents:

  1. Table Flatware Price in Egypt (CIF) - 2023
  2. Table Flatware Price in Egypt (FOB) - 2022
  3. Table Flatware Imports in Egypt
  4. Table Flatware Exports in Egypt

Table Flatware Price in Egypt (CIF) - 2023

The average table flatware import price stood at $11,719 per ton in June 2023, surging by 3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 12% month-to-month. As a result, import price attained the peak level of $11,846 per ton. From November 2022 to June 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($11,942 per ton), while the price for Italy ($11,341 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Table Flatware Price in Egypt (FOB) - 2022

The average table flatware export price stood at $6,501 per ton in 2022, waning by -15.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 28%. Over the period under review, the average export prices attained the maximum at $7,703 per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($16,556 per ton), while the average price for exports to Saudi Arabia ($1,188 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 Lebanon (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Table Flatware Imports in Egypt

In 2022, imports of table flatware into Egypt dropped significantly to 392 tons, with a decrease of -35.8% compared with the previous year. Overall, imports showed a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 67%.

In value terms, table flatware imports reduced remarkably to $4.4M in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year.

Import of Table Flatware in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.02.44.53.0-20.6%
Turkey0.80.91.11.07.7%
Italy0.70.20.20.4-17.0%
Others0.60.20.70.1-45.0%
Total8.13.66.54.4-18.4%

Top Suppliers of Table Flatware to Egypt in 2022:

  1. China (270.3 tons)
  2. Turkey (86.0 tons)
  3. Italy (30.2 tons)

Table Flatware Exports in Egypt

In 2022, after two years of decline, there was significant growth in shipments abroad of table flatware, when their volume increased by 87% to 307 tons. In general, exports, however, showed a pronounced contraction.

In value terms, table flatware exports skyrocketed to $2M in 2022. Over the period under review, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Table Flatware in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco9466156101,2128.6%
Lebanon65.34.02.720145.5%
Tunisia78.680.460.615625.7%
Kenya34.610.959.214159.7%
United Arab Emirates59.651.462.111424.1%
BrazilN/A2.5N/A97.0522.9%
France18.222.114.643.033.2%
Palestine78.678.815513.3-44.7%
Jordan20125353.51.8-79.2%
Others25731.325116.5-60.0%
Total1,7391,1491,2681,9964.7%

Top Export Markets for Table Flatware from Egypt in 2022:

  1. Morocco (227.5 tons)
  2. Tunisia (23.9 tons)
  3. Kenya (17.6 tons)
  4. Lebanon (12.2 tons)
  5. United Arab Emirates (7.0 tons)
  6. France (6.8 tons)
  7. Brazil (5.9 tons)
  8. Palestine (3.8 tons)
  9. Jordan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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

  • Egypt

Data coverage:

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