The European market for table flatware and similar tableware made from stainless steel or other base metals exhibits diverse country contributions. In 2023, Italy led with a significant share of 53.5%, showing a moderate increase of 1.37% from the previous year. Portugal and France held similar positions, with year-on-year changes of -5.25% and 1.58% respectively. Notably, Estonia experienced remarkable growth of 29.05%. Conversely, the United Kingdom and Hungary faced declines, with the UK dropping by 8.41% and Hungary by 9.67%.
Future trends to monitor include:
- Continued growth potential in Estonia due to recent significant increases.
- Potential recovery strategies in the UK and Hungary to counteract recent declines.
- Innovations and sustainability practices in Italy, maintaining its market leadership.
- Impacts of economic conditions on Portugal and France’s stabilizing shares.
Top countries in Sold Production of Table Flatware and Similar Tableware, Stainless Steel or Other Base Metal Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 53.5 | 2023 | +9.35% | +1.37% | View data |
| 2 | 2 Portugal | 12.09 | 2023 | +1.33% | -5.25% | View data |
| 3 | 3 France | 12.08 | 2023 | -1.93% | +1.58% | View data |
| 4 | 4 Spain | 8.66 | 2023 | +7.19% | -0.33% | View data |
| 5 | 5 Germany | 6.88 | 2023 | +0.27% | -2.08% | View data |
| 6 | 6 Denmark | 2.33 | 2023 | +24.33% | +1.51% | View data |
| 7 | 7 Estonia | 1.63 | 2023 | +19.73% | +29.05% | View data |
| 8 | 8 United Kingdom | 1.29 | 2023 | -8.02% | -8.41% | View data |
| 9 | 9 Hungary | 0 | 2023 | +4.71% | -9.67% | View data |
