Price for Cutlery; Other than Plated with Precious Metal in France - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in France (CIF) - 2023
- Price for Cutlery; Other than Plated with Precious Metal in France (FOB) - 2023
- Imports of Cutlery; Other than Plated with Precious Metal in France
- Exports of Cutlery; Other than Plated with Precious Metal in France
Price for Cutlery; Other than Plated with Precious Metal in France (CIF) - 2023
The average import price for cutlery; other than plated with precious metals stood at $11,611 per ton in October 2023, dropping by -2% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 24% m-o-m. Over the period under review, average import prices attained the maximum at $11,850 per ton in September 2023, and then fell in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($24,131 per ton), while the price for India ($5,811 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in France (FOB) - 2023
The average export price for cutlery; other than plated with precious metals stood at $36,563 per ton in October 2023, rising by 23% against the previous month. In general, export price indicated a tangible expansion from November 2022 to October 2023: its price increased at an average monthly rate of +4.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for cutlery; other than plated with precious metals decreased by -3.8% against July 2023 indices. The growth pace was the most rapid in July 2023 when the average export price increased by 68% month-to-month. As a result, the export price attained the peak level of $38,014 per ton. From August 2023 to October 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($87,881 per ton), while the average price for exports to Mali ($2,108 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in France
In 2022, approx. 6.9K tons of cutlery; other than plated with precious metals were imported into France; increasing by 23% compared with 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% 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 +61.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of cutlery; other than plated with precious metals surged to $64M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +65.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Cutlery; Other than Plated with Precious Metal in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.6 | 17.1 | 23.1 | 30.9 | 6.5% |
| Belgium | 5.0 | 5.0 | 5.3 | 8.1 | 17.4% |
| Italy | 2.7 | 2.2 | 3.7 | 5.2 | 24.4% |
| Spain | 2.4 | 3.2 | 4.3 | 4.4 | 22.4% |
| Netherlands | 1.4 | 1.6 | 3.2 | 3.6 | 37.0% |
| Germany | 3.0 | 3.1 | 4.6 | 3.6 | 6.3% |
| Vietnam | 2.2 | 1.5 | 1.6 | 2.5 | 4.4% |
| India | 1.6 | 1.6 | 3.2 | 2.2 | 11.2% |
| Others | 2.9 | 3.5 | 3.0 | 3.8 | 9.4% |
| Total | 46.8 | 38.7 | 52.1 | 64.2 | 11.1% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to France in 2022:
- China (4104.6 tons)
- Belgium (589.9 tons)
- Netherlands (572.5 tons)
- India (341.3 tons)
- Spain (339.9 tons)
- Germany (268.5 tons)
- Italy (264.6 tons)
- Vietnam (141.9 tons)
Exports of Cutlery; Other than Plated with Precious Metal in France
Exports of cutlery; other than plated with precious metals from France reached 1.1K tons in 2022, picking up by 13% on 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cutlery; other than plated with precious metals expanded sharply to $26M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cutlery; Other than Plated with Precious Metal in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.8 | 2.8 | 3.6 | 3.3 | -4.6% |
| Germany | 1.7 | 2.0 | 2.2 | 2.0 | 5.6% |
| Belgium | 1.7 | 1.5 | 1.5 | 2.0 | 5.6% |
| Spain | 1.8 | 1.5 | 2.0 | 2.0 | 3.6% |
| Italy | 2.0 | 1.5 | 2.2 | 1.9 | -1.7% |
| United Kingdom | 1.3 | 0.6 | 0.9 | 1.1 | -5.4% |
| Netherlands | 0.7 | 0.6 | 0.8 | 0.9 | 8.7% |
| Qatar | 0.2 | 0.1 | 0.1 | 0.9 | 65.1% |
| Switzerland | 1.3 | 0.9 | 1.0 | 0.9 | -11.5% |
| Poland | 0.5 | 0.5 | 0.7 | 0.5 | 0.0% |
| Portugal | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Romania | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Luxembourg | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Others | 9.2 | 7.5 | 8.1 | 9.6 | 1.4% |
| Total | 25.1 | 20.3 | 24.1 | 26.1 | 1.3% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from France in 2022:
- Belgium (134.2 tons)
- Spain (121.7 tons)
- Italy (108.4 tons)
- Germany (70.9 tons)
- Netherlands (66.7 tons)
- United States (61.0 tons)
- United Kingdom (46.2 tons)
- Poland (33.3 tons)
- Switzerland (32.0 tons)
- Romania (25.6 tons)
- Portugal (24.7 tons)
- Luxembourg (22.8 tons)
- Qatar (21.6 tons)
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