Price for Cutlery; Other than Plated with Precious Metal in Greece - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Greece (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Greece (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Greece
- Exports of Cutlery; Other than Plated with Precious Metal in Greece
Price for Cutlery; Other than Plated with Precious Metal in Greece (CIF) - 2022
In 2022, the average import price for cutlery; other than plated with precious metals amounted to $6,909 per ton, growing by 37% against the previous year. Over the period under review, the import price, however, showed a slight decrease. The import price peaked at $8,316 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($23,111 per ton), while the price for the Netherlands ($3,432 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Greece (FOB) - 2022
The average export price for cutlery; other than plated with precious metals stood at $3,464 per ton in 2022, picking up by 4.8% against the previous year. In general, the export price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs at $8,524 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($8,195 per ton), while the average price for exports to Portugal ($1,095 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 Romania (-3.3%), while the prices for the other major destinations experienced a decline.
Imports of Cutlery; Other than Plated with Precious Metal in Greece
In 2022, the amount of cutlery; other than plated with precious metals imported into Greece surged to 1.4K tons, with an increase of 21% against the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cutlery; other than plated with precious metals soared to $9.7M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cutlery; Other than Plated with Precious Metal in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,301 | 1,529 | 2,303 | 4,136 | 21.6% |
| Spain | 431 | 535 | 612 | 1,335 | 45.8% |
| India | 354 | 528 | 882 | 1,303 | 54.4% |
| Italy | 314 | 363 | 388 | 681 | 29.4% |
| Germany | 270 | 314 | 542 | 601 | 30.6% |
| Belgium | 319 | 176 | 339 | 519 | 17.6% |
| Netherlands | 236 | 290 | 225 | 250 | 1.9% |
| Others | 828 | 447 | 553 | 880 | 2.1% |
| Total | 5,055 | 4,182 | 5,845 | 9,705 | 24.3% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Greece in 2022:
- China (823.5 tons)
- Spain (204.6 tons)
- India (134.6 tons)
- Netherlands (72.7 tons)
- Italy (48.0 tons)
- Belgium (35.2 tons)
- Germany (26.0 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Greece
For the fourth consecutive year, Greece recorded growth in overseas shipments of cutlery; other than plated with precious metals, which increased by 82% to 287 tons in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 261%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cutlery; other than plated with precious metals surged to $992K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cutlery; Other than Plated with Precious Metal in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 28.6 | 17.8 | 148 | 283 | 114.7% |
| Cyprus | 32.6 | 55.7 | 25.7 | 124 | 56.1% |
| Hungary | 4.1 | 10.5 | 13.1 | 67.4 | 154.3% |
| Romania | 18.2 | 31.9 | 53.7 | 59.1 | 48.1% |
| Poland | 14.1 | 19.5 | 20.1 | 49.3 | 51.8% |
| Spain | 7.3 | 25.3 | 11.5 | 49.2 | 88.9% |
| Bulgaria | 115 | 5.6 | 12.8 | 27.0 | -38.3% |
| Portugal | N/A | 3.9 | 75.0 | 24.0 | 148.1% |
| Others | 91.7 | 175 | 161 | 310 | 50.1% |
| Total | 312 | 345 | 521 | 992 | 47.0% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Greece in 2022:
- Italy (125.6 tons)
- Hungary (23.4 tons)
- Portugal (21.9 tons)
- Romania (17.5 tons)
- Poland (17.4 tons)
- Spain (15.9 tons)
- Cyprus (15.2 tons)
- Bulgaria (8.4 tons)
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