Overview of the Global Market for Tableware And Kitchenware Of Wood

Market Size for Tableware And Kitchenware Of Wood

In 2023, the global wood kitchenware and tableware market decreased by X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Global consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Tableware And Kitchenware Of Wood

In value terms, wood kitchenware and tableware production rose modestly to $X in 2023 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2015 when the production volume increased by X%. Global production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Tableware And Kitchenware Of Wood

Exports

After six years of growth, shipments abroad of tableware and kitchenware of wood decreased by X% to X tons in 2023. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports reached the peak figure at X tons in 2022, and then contracted in the following year.

In value terms, wood kitchenware and tableware exports contracted to $X in 2023. Over the period under review, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked at $X in 2022, and then fell in the following year.

Exports by Country

China prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2023. It was distantly followed by Vietnam (X tons), mixing up a X% share of total exports. Russia (X tons), the Netherlands (X tons), India (X tons), Indonesia (X tons) and Germany (X tons) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to wood kitchenware and tableware exports from China stood at X%. At the same time, Indonesia (X%), India (X%), the Netherlands (X%), Vietnam (X%), Germany (X%) and Russia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. While the share of Vietnam (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wood kitchenware and tableware supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Vietnam ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In China, wood kitchenware and tableware exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average wood kitchenware and tableware export price stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The global export price peaked at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other global leaders experienced more modest paces of growth.

Imports of Tableware And Kitchenware Of Wood

Imports

After eleven years of growth, purchases abroad of tableware and kitchenware of wood decreased by X% to X tons in 2023. In general, total imports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, global imports attained the peak figure at X tons in 2022, and then declined in the following year.

In value terms, wood kitchenware and tableware imports reduced to $X in 2023. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at $X in 2022, and then reduced in the following year.

Imports by Country

Japan (X tons) and the United States (X tons) were the largest importers of tableware and kitchenware of wood in 2023, accounting for near X% and X% of total imports, respectively. South Korea (X tons) took the next position in the ranking, followed by China (X tons), Taiwan (Chinese) (X tons) and Germany (X tons). All these countries together held near X% share of total imports. The following importers - France (X tons), the Netherlands (X tons), the UK (X tons), Thailand (X tons), India (X tons), Italy (X tons) and Canada (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of global imports. France, the Netherlands, South Korea, the UK, Taiwan (Chinese), Canada, Italy, China, India and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, India, with a CAGR of X%, recorded 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.

Import Prices by Country

The average wood kitchenware and tableware import price stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform