Kuwait - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTable Flatware Price in Kuwait - 2021
Contents:
- Table Flatware Price in Kuwait (CIF) - 2021
- Table Flatware Price in Kuwait (FOB) - 2022
- Table Flatware Imports in Kuwait
- Table Flatware Exports in Kuwait
Table Flatware Price in Kuwait (CIF) - 2021
In December 2021, the average table flatware import price amounted to $6,538 per ton, rising by 11% against the previous month. Over the period under review, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in June 2021 an increase of 78% against the previous month. As a result, import price attained the peak level of $22,518 per ton. From July 2021 to December 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($8,144 per ton), while the price for India ($3,867 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (-0.3%), while the prices for the other major suppliers experienced a decline.
Table Flatware Price in Kuwait (FOB) - 2022
In 2022, the average table flatware export price amounted to $4,222 per ton, shrinking by -27.9% against the previous year. Overall, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 68% against the previous year. As a result, the export price reached the peak level of $8,173 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($10,397 per ton), while the average price for exports to India ($580 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 Iran (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Table Flatware Imports in Kuwait
In 2022, the amount of table flatware imported into Kuwait reached 869 tons, increasing by 1.9% against the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 4.5% against the previous year. As a result, imports reached the peak of 887 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, table flatware imports contracted to $7.8M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, imports attained the peak of $8.3M, and then declined in the following year.
| Import of Table Flatware in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,250 | 3,242 | 3,938 | 3,310 | 0.6% |
| Japan | 509 | 400 | 674 | 826 | 17.5% |
| India | 817 | 968 | 754 | 758 | -2.5% |
| United Arab Emirates | 426 | 446 | 584 | 589 | 11.4% |
| Turkey | 216 | 146 | 72.1 | 162 | -9.1% |
| Pakistan | 69.3 | 55.6 | 97.0 | 107 | 15.6% |
| Others | 1,429 | 2,124 | 2,143 | 2,071 | 13.2% |
| Total | 6,717 | 7,381 | 8,263 | 7,822 | 5.2% |
Top Suppliers of Table Flatware to Kuwait in 2022:
- China (462.9 tons)
- India (106.9 tons)
- Japan (96.7 tons)
- United Arab Emirates (67.7 tons)
- Turkey (22.4 tons)
- Pakistan (14.8 tons)
Table Flatware Exports in Kuwait
After two years of decline, shipments abroad of table flatware increased by 186% to 3.3 tons in 2022. In general, exports, however, faced a precipitous descent.
In value terms, table flatware exports soared to $14K in 2022. Overall, exports, however, recorded a dramatic shrinkage.
| Export of Table Flatware in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 35.3 | 23.7 | 1.3 | 3.7 | -52.9% |
| Qatar | 2.6 | 2.7 | 0.8 | 2.2 | -5.4% |
| United Arab Emirates | 5.4 | 5.9 | 0.4 | 1.9 | -29.4% |
| Indonesia | 10.1 | 6.3 | 1.4 | 1.5 | -47.0% |
| United States | 27.2 | 14.9 | 1.0 | 1.0 | -66.7% |
| United Kingdom | 24.2 | 14.4 | 0.6 | 0.8 | -67.9% |
| France | 19.5 | 10.9 | 0.3 | 0.6 | -68.7% |
| Germany | 15.6 | 7.4 | 0.4 | 0.5 | -68.2% |
| Saudi Arabia | 5.3 | 4.0 | N/A | 0.4 | -57.7% |
| Oman | 8.9 | 0.7 | 0.1 | 0.3 | -67.7% |
| India | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 21.2 | 8.0 | 0.5 | 1.0 | -63.9% |
| Total | 175 | 98.9 | 6.8 | 14.0 | -56.9% |
Top Export Markets for Table Flatware from Kuwait in 2022:
- United Arab Emirates (1277.0 kg)
- Philippines (422.0 kg)
- Qatar (418.0 kg)
- Indonesia (262.0 kg)
- United States (194.0 kg)
- Oman (128.0 kg)
- Saudi Arabia (123.0 kg)
- India (119.0 kg)
- Germany (95.0 kg)
- France (92.0 kg)
- United Kingdom (73.0 kg)
This report provides an in-depth analysis of the table flatware market in Kuwait. 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:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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
-
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
246
This report provides an in-depth analysis of the table flatware market in Kuwait.
1823
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.
652
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
246
This report provides an in-depth analysis of the table flatware market in Kuwait.
1823
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.
652
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
532
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
899
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...
630
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...
1406
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...
532
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
899
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...
630
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...
