Report Update: Apr 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Article Publishing Date: Dec 20, 2023

September 2023: India's Table Flatware Export Declines by 6% to $6.5M

India Table Flatware Exports

After four months of growth, overseas shipments of table flatware decreased by -6.6% to 1K tons in September 2023. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 with an increase of 29% m-o-m.

In value terms, table flatware exports shrank to $6.5M (IndexBox estimates) in September 2023. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when exports increased by 16% against the previous month. As a result, the exports reached the peak of $6.9M, and then contracted in the following month. India Table Flatware Exports By Country (Thousand USD)

COUNTRY	Export Value of Table Flatware in India (thousand USD)
COUNTRY	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023
United States	1,796	1,605	1,552	1,650	1,895	1,599	2,254	1,805	1,806	1,649	1,498	2,202	1,821
United Arab Emirates	689	310	509	771	413	594	791	425	450	506	418	845	470
Australia	427	274	318	317	443	276	466	317	370	409	487	582	421
Germany	131	117	268	69.0	211	128	162	132	61.3	225	102	260	414
United Kingdom	705	356	411	368	346	421	316	441	354	417	305	292	300
Saudi Arabia	70.6	65.5	179	190	313	237	105	63.9	18.6	174	219	32.8	116
Russia	133	140	87.7	223	251	232	30.7	66.7	155	297	120	33.8	40.1
Others	2,825	2,364	1,862	2,330	2,312	2,294	2,159	2,274	2,006	2,094	2,792	2,649	2,934
Total	6,777	5,232	5,188	5,919	6,184	5,784	6,283	5,525	5,221	5,772	5,942	6,897	6,515

Exports by Country

The United States (202 tons) was the main destination for table flatware exports from India, accounting for a 20% share of total exports. Moreover, table flatware exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (60 tons), threefold. The third position in this ranking was held by Australia (56 tons), with a 5.5% share.

From September 2022 to September 2023, the average monthly growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (-5.2% per month) and Australia (-0.2% per month).

In value terms, the United States ($1.8M) remains the key foreign market for table flatware exports from India, comprising 28% of total exports. The second position in the ranking was taken by the United Arab Emirates ($470K), with a 7.2% share of total exports. It was followed by Australia, with a 6.5% share.

From September 2022 to September 2023, the average monthly growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (-3.1% per month) and Australia (-0.1% per month).

Exports by Type

Cutlery; other than plated with precious metal (918 tons) was the largest type of table flatware exported from India, with a 92% share of total exports. Moreover, cutlery; other than plated with precious metal exceeded the volume of the second product type, cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter knives, sugar tongs and similar), not plated with precious metal (78 tons), more than tenfold. Cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal (5.8 tons) ranked third in terms of total exports with a 0.6% share.

From September 2022 to September 2023, the average monthly growth rate of the volume of export of cutlery; other than plated with precious metal was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter knives, sugar tongs and similar), not plated with precious metal (-4.5% per month) and cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal (+1.5% per month).

In value terms, cutlery; other than plated with precious metal ($5.5M) remains the largest type of table flatware exported from India, comprising 84% of total exports. The second position in the ranking was held by cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter knives, sugar tongs and similar), not plated with precious metal ($971K), with a 15% share of total exports. It was followed by cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal, with a 1% share.

From September 2022 to September 2023, the average monthly rate of growth in terms of the export volume of cutlery; other than plated with precious metal was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter knives, sugar tongs and similar), not plated with precious metal (-1.8% per month) and cutlery; sets of assorted articles (eg spoons, forks, ladles, skimmers, cake-servers, fish-knives, butter-knives, sugar tongs and similar), with at least one article plated with precious metal (+2.3% per month).

Export Prices by Country

In September 2023, the table flatware price amounted to $6,505 per ton (FOB, India), remaining constant against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 16% month-to-month. The export price peaked at $6,926 per ton in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($17,022 per ton), while the average price for exports to Ukraine ($1,969 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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

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

September 2023: India's Table Flatware Export Declines by 6% to $6.5M

India Table Flatware Exports

Exports by Country

Exports by Type

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

Recommended posts