Saudi Arabia - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTable Flatware Price in Saudi Arabia - 2021
Contents:
- Table Flatware Price in Saudi Arabia (CIF) - 2022
- Table Flatware Price in Saudi Arabia (FOB) - 2022
- Table Flatware Imports in Saudi Arabia
- Table Flatware Exports in Saudi Arabia
Table Flatware Price in Saudi Arabia (CIF) - 2022
In 2021, the average table flatware import price amounted to $5,217 per ton, rising by 5.2% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, table flatware import price increased by +55.2% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 32%. The import price peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($7,103 per ton), while the price for India ($4,722 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Table Flatware Price in Saudi Arabia (FOB) - 2022
The average table flatware export price stood at $5,552 per ton in 2022, picking up by 8.2% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, table flatware export price increased by +57.3% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 42%. As a result, the export price reached the peak level of $8,483 per ton. From 2015 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 India ($7,749 per ton), while the average price for exports to Bahrain ($668 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 Italy (+85.7%), while the prices for the other major destinations experienced more modest paces of growth.
Table Flatware Imports in Saudi Arabia
In 2021, approx. 5K tons of table flatware were imported into Saudi Arabia; growing by 34% on the previous year. Overall, imports, however, continue to indicate a perceptible curtailment.
In value terms, table flatware imports surged to $26M in 2021. The total import value increased at an average annual rate of +1.8% from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Table Flatware in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 17.4 | 14.2 | 20.3 | 8.0% | |
| India | 1.1 | 0.7 | 2.1 | 38.2% | |
| Japan | 1.1 | 0.3 | 0.4 | -39.7% | |
| Others | 5.4 | 3.2 | 3.0 | -25.5% | |
| Total | 25.0 | 18.3 | 25.9 | 1.8% | |
Top Suppliers of Table Flatware to Saudi Arabia in 2022:
- China (4.3K tons)
- India (0.4K tons)
- Japan (0.1K tons)
Table Flatware Exports in Saudi Arabia
In 2022, table flatware exports from Saudi Arabia dropped rapidly to 31 tons, with a decrease of -25.7% compared with the previous year. In general, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of 42 tons, and then reduced sharply in the following year.
In value terms, table flatware exports declined sharply to $173K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, the exports attained the peak of $215K, and then dropped markedly in the following year.
| Export of Table Flatware in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 0.1 | 52.5 | 52400.0% |
| Germany | N/A | N/A | N/A | 12.9 | 0% |
| India | 2.1 | N/A | N/A | 6.2 | 43.5% |
| France | 15.3 | N/A | 0.1 | 5.3 | -29.8% |
| South Africa | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
| Bahrain | 4.7 | 0.3 | N/A | 0.3 | -60.0% |
| Kenya | 0.8 | 0.2 | 15.1 | N/A | 334.5% |
| Ethiopia | 50.2 | 16.6 | 40.7 | N/A | -10.0% |
| Kuwait | 21.4 | 80.9 | 80.5 | N/A | 94.0% |
| Turkey | N/A | 20.2 | 2.5 | N/A | -87.6% |
| Others | 37.5 | 12.5 | 75.4 | 95.1 | 36.4% |
| Total | 132 | 131 | 215 | 173 | 9.4% |
Top Export Markets for Table Flatware from Saudi Arabia in 2022:
- Spain (8.9 tons)
- Germany (2.4 tons)
- France (1.7 tons)
- India (0.8 tons)
- South Africa (0.7 tons)
- Bahrain (0.4 tons)
This report provides an in-depth analysis of the table flatware market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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
383
This report provides an in-depth analysis of the table flatware market in Saudi Arabia.
403
This report provides an in-depth analysis of the market for silver and gold plated flatware in Saudi Arabia.
216
This report provides an in-depth analysis of the stainless steel tableware market in Saudi Arabia.
1825
This report provides an in-depth analysis of the global table flatware market.
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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.
654
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
383
This report provides an in-depth analysis of the table flatware market in Saudi Arabia.
403
This report provides an in-depth analysis of the market for silver and gold plated flatware in Saudi Arabia.
216
This report provides an in-depth analysis of the stainless steel tableware market in Saudi Arabia.
1825
This report provides an in-depth analysis of the global table flatware market.
535
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
904
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...
632
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...
1144
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...
1413
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...
1928
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...
535
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
904
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...
632
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...
