Wood Kitchenware and Tableware Market

Wood kitchenware and tableware market: enjoy new info featured by an Ai-driven business intelligence tool. Statistics provide market prices, trade, imports, exports, market size, companies, production, and consumption. There is a split by country, including the U.S., EU, Africa, China, Latin America, Russia, the U.K., and the Middle East. Market trends and outlook to 2030 are also featured in the reports.

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Wood Kitchenware and Tableware - World's Largest Markets

In value terms, the largest wood kitchenware and tableware markets worldwide were the United States, China and India, with a combined 37% share of the global market. These countries were followed by Bangladesh, Japan, Germany, France, Indonesia, South Korea, Pakistan, Russia, Taiwan (Chinese) and Vietnam, which together accounted for a further 31%.

Among the main consuming countries, Vietnam recorded the highest rates of growth with regard to market size, over the period under review, while wood kitchenware and tableware market for the other global leaders experienced more modest paces of growth.

Wood Kitchenware And Tableware Prices

Wood Kitchenware and Tableware - Top Importers

In value terms, the United States ($360M), Japan ($234M) and Germany ($138M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 42% of global imports. The UK, France, the Netherlands, South Korea, Taiwan (Chinese), Australia, Italy and Russia lagged somewhat behind, together comprising a further 28%.

Among the main importing countries, Russia saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Wood Kitchenware and Tableware - Top Exporters

In value terms, China ($914M) remains the largest wood kitchenware and tableware supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by Germany ($78M), with a 5.1% share of global exports. It was followed by Vietnam, with a 4.2% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled -3.2%. In the other countries, the average annual rates were as follows: Germany (+9.9% per year) and Vietnam (-12.3% per year).

Wood Kitchenware and Tableware - Market Forecast

Driven by increasing demand for wood kitchenware and tableware worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Wood Kitchenware and Tableware - Product Coverage

• HS 4419 - Tableware and kitchenware, of wood

Source: IndexBox Market Intelligence Platform