Asia-Pacific: Market for Tableware And Kitchenware Of Wood 2024

Market Size for Tableware And Kitchenware Of Wood in Asia-Pacific

The Asia-Pacific wood kitchenware and tableware market stood at $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Tableware And Kitchenware Of Wood in Asia-Pacific

In value terms, wood kitchenware and tableware production amounted to $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Tableware And Kitchenware Of Wood

Exports in Asia-Pacific

In 2022, approx. X tons of tableware and kitchenware of wood were exported in Asia-Pacific; picking up by X% compared with the year before. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, wood kitchenware and tableware exports expanded remarkably to $X in 2022. In general, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. The following exporters - India (X tons), Vietnam (X tons), Thailand (X tons) and Indonesia (X tons) - together made up X% of total exports.

From 2012 to 2022, 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%), Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. India (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wood kitchenware and tableware supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by India, with a X% share.

In China, wood kitchenware and tableware exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Imports of Tableware And Kitchenware Of Wood

Imports in Asia-Pacific

Wood kitchenware and tableware imports amounted to X tons in 2022, with an increase of X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, wood kitchenware and tableware imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Japan (X tons) represented the major importer of tableware and kitchenware of wood, generating X% of total imports. China (X tons) ranks second in terms of the total imports with a X% share, followed by South Korea (X%), Thailand (X%), India (X%) and Australia (X%). Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported tableware and kitchenware of wood in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

In Japan, wood kitchenware and tableware imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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