Report Update: Apr 25, 2024

U.S. - Table, Kitchen Or Household Articles And Parts Of Iron - Market Analysis, Forecast, Size, Trends And Insights

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Iron Household Articles Price in the United States - 2023

Iron Household Articles Price in the United States (CIF) - 2022

In 2022, the average iron household articles import price amounted to $2,823 per ton, declining by -2.9% against the previous year. Overall, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2016 an increase of 18% against the previous year. Over the period under review, average import prices reached the peak figure at $4,164 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($4,838 per ton), while the price for Taiwan (Chinese) ($1,790 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.5%), while the prices for the other major suppliers experienced a decline.

Iron Household Articles Price in the United States (FOB) - 2023

In July 2023, the average iron household articles export price amounted to $7,325 per ton, picking up by 2.5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 3.3% month-to-month. The export price peaked in July 2023.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Honduras ($18,161 per ton), while the average price for exports to Mexico ($6,559 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.

Iron Household Articles Imports in the United States

In 2022, overseas purchases of table, kitchen or household articles and parts of iron decreased by -2.1% to 432K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.3% 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 +78.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55%.

In value terms, iron household articles imports shrank modestly to $1.2B in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of $1.3B, and then contracted slightly in the following year.

Import of Iron Household Articles in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	890	907	1,092	1,015	4.5%
India	46.3	51.3	75.3	77.1	18.5%
Vietnam	1.7	15.1	19.3	31.5	164.6%
Taiwan (Chinese)	20.0	22.3	25.8	25.9	9.0%
Others	50.2	52.2	71.7	71.3	12.4%
Total	1,008	1,048	1,284	1,220	6.6%

Top Suppliers of Iron Household Articles to the United States in 2022:

China (371.9K tons)
India (23.6K tons)
Taiwan (Chinese) (14.5K tons)
Vietnam (6.5K tons)

Iron Household Articles Exports in the United States

After three years of growth, shipments abroad of table, kitchen or household articles and parts of iron decreased by -8.3% to 9.7K tons in 2022. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. As a result, the exports reached the peak of 11K tons, and then shrank in the following year.

In value terms, iron household articles exports shrank to $70M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of $75M, and then reduced in the following year.

Export of Iron Household Articles in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	42.1	49.4	52.5	46.3	3.2%
Mexico	3.1	3.4	6.0	5.3	19.6%
Guyana	0.4	0.7	0.1	1.5	55.4%
Australia	0.6	0.6	0.8	1.4	32.6%
Costa Rica	0.5	1.3	1.1	1.2	33.9%
Honduras	0.3	0.2	0.4	0.9	44.2%
United Kingdom	1.9	1.1	0.6	0.7	-28.3%
Others	12.5	9.6	12.8	12.2	-0.8%
Total	61.5	66.2	74.5	69.6	4.2%

Top Export Markets for Iron Household Articles from the United States in 2022:

Canada (6.4K tons)
Mexico (0.8K tons)
Honduras (0.3K tons)
Australia (0.2K tons)
Guyana (0.2K tons)
Costa Rica (0.2K tons)
United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron household articles market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25991245 - Table, kitchen or household articles and parts thereof of iron other than cast iron, or steel other than stainless (excl. enamelled)

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023