In 2023, Italy led European sold production of table flatware and similar tableware with a value of 89.272 million Euros, marking a modest growth of 1.37% from the previous year. Portugal and France followed with slight year-on-year declines of -5.25% and a minor growth of 1.58%, respectively. Spain and Germany experienced declines of -0.33% and -2.08%. Countries like Denmark and Estonia saw positive growth, with Estonia showing a significant 29.05% increase. Conversely, the United Kingdom and Hungary faced sharper declines, with -8.41% and -9.67%, respectively.
Looking forward, potential trends to monitor include technological advances in production techniques, shifts in consumer preferences towards sustainable materials, and economic conditions affecting disposable income in Europe. These factors could heavily influence market dynamics and demand, reshaping country shares and growth trajectories.
Top countries in Sold Production of Table Flatware and Similar Tableware, Stainless Steel or Other Base Metal by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 89,272,000 | 2023 | +9.35% | +1.37% | View data |
| 2 | 2 Portugal | 20,179,000 | 2023 | +1.33% | -5.25% | View data |
| 3 | 3 France | 20,154,000 | 2023 | -1.93% | +1.58% | View data |
| 4 | 4 Spain | 14,458,000 | 2023 | +7.19% | -0.33% | View data |
| 5 | 5 Germany | 11,480,000 | 2023 | +0.27% | -2.08% | View data |
| 6 | 6 Denmark | 3,880,100 | 2023 | +24.33% | +1.51% | View data |
| 7 | 7 Estonia | 2,727,700 | 2023 | +19.73% | +29.05% | View data |
| 8 | 8 United Kingdom | 2,152,900 | 2023 | -8.02% | -8.41% | View data |
| 9 | 9 Hungary | 711 | 2023 | +4.71% | -9.67% | View data |