Russian Federation - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTable Flatware Price in Russia - 2022
Contents:
- Table Flatware Price in Russia (CIF) - 2022
- Table Flatware Price in Russia (FOB) - 2022
- Table Flatware Imports in Russia
- Table Flatware Exports in Russia
Table Flatware Price in Russia (CIF) - 2022
The average table flatware import price stood at $7,169 per ton in January 2022, reducing by -4.2% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in February 2021 an increase of 36% month-to-month. Over the period under review, average import prices hit record highs at $8,022 per ton in April 2021; however, from May 2021 to January 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($9,476 per ton), while the price for Belarus ($3,138 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Table Flatware Price in Russia (FOB) - 2022
The average table flatware export price stood at $13,117 per ton in January 2022, falling by -10.2% against the previous month. Overall, export price indicated a measured expansion from January 2021 to January 2022: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, table flatware export price decreased by -14.2% against November 2021 indices. The most prominent rate of growth was recorded in February 2021 an increase of 31% m-o-m. Over the period under review, the average export prices reached the peak figure at $15,291 per ton in November 2021; however, from December 2021 to January 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($29,992 per ton), while the average price for exports to Mongolia ($8,884 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Table Flatware Imports in Russia
In 2022, the amount of table flatware imported into Russia reduced markedly to 5.4K tons, waning by -21.8% against the previous year's figure. In general, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.4% 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 +38.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports reached the peak of 6.9K tons, and then reduced dramatically in the following year.
In value terms, table flatware imports contracted significantly to $37M in 2022. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. As a result, imports reached the peak of $49M, and then fell remarkably in the following year.
| Import of Table Flatware in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.6 | 14.7 | 32.1 | 27.1 | 20.2% |
| India | 1.1 | 0.6 | 1.1 | 1.3 | 5.7% |
| Vietnam | 2.8 | 3.2 | 3.0 | 0.6 | -40.2% |
| Belarus | 0.9 | 0.7 | 1.7 | 0.3 | -30.7% |
| Others | 10.2 | 6.0 | 11.3 | 8.0 | -7.8% |
| Total | 30.6 | 25.1 | 49.2 | 37.2 | 6.7% |
Top Suppliers of Table Flatware to Russia in 2022:
- China (4.8K tons)
- Belarus (0.1K tons)
- India (0.1K tons)
- Vietnam (0.1K tons)
Table Flatware Exports in Russia
Table flatware exports from Russia rose significantly to 307 tons in 2022, increasing by 14% on 2021 figures. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. As a result, the exports reached the peak of 344 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, table flatware exports fell to $2.9M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +46.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year.
| Export of Table Flatware in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 762 | 878 | 1,217 | 1,113 | 13.5% |
| Belarus | 712 | 1,216 | 903 | 960 | 10.5% |
| Ukraine | 187 | 234 | 288 | 408 | 29.7% |
| Lithuania | 18.9 | 47.5 | 72.2 | 137 | 93.5% |
| Mongolia | 21.9 | 28.3 | 56.0 | 109 | 70.7% |
| Uzbekistan | 9.1 | 9.4 | 22.8 | 23.9 | 38.0% |
| Others | 266 | 271 | 539 | 141 | -19.1% |
| Total | 1,977 | 2,683 | 3,099 | 2,891 | 13.5% |
Top Export Markets for Table Flatware from Russia in 2022:
- Belarus (113.5 tons)
- Kazakhstan (107.7 tons)
- Ukraine (29.4 tons)
- Lithuania (24.7 tons)
- Mongolia (14.9 tons)
- Uzbekistan (5.2 tons)
This report provides an in-depth analysis of the table flatware market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
-
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
330
This report provides an in-depth analysis of the table flatware market in the Russian Federation.
283
This report provides an in-depth analysis of the market for silver and gold plated flatware in Russian Federation.
275
This report provides an in-depth analysis of the market for table flatware of stainless steel in Russian Federation.
1816
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.
330
This report provides an in-depth analysis of the table flatware market in the Russian Federation.
283
This report provides an in-depth analysis of the market for silver and gold plated flatware in Russian Federation.
275
This report provides an in-depth analysis of the market for table flatware of stainless steel in Russian Federation.
1816
This report provides an in-depth analysis of the global table flatware market.
527
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...
527
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...
