Australia - Table, Kitchen Or Household Articles And Parts Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel Household Articles in Australia - 2023
Contents:
- Price for Stainless Steel Household Articles in Australia (CIF) - 2022
- Price for Stainless Steel Household Articles in Australia (FOB) - 2022
- Imports of Stainless Steel Household Articles in Australia
- Exports of Stainless Steel Household Articles in Australia
Price for Stainless Steel Household Articles in Australia (CIF) - 2022
The average stainless steel household articles import price stood at $6.9 per unit in 2022, surging by 6% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($6.9 per unit) and Vietnam ($6.9 per unit), while the price for Italy ($6.9 per unit) and Taiwan (Chinese) ($6.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Household Articles in Australia (FOB) - 2022
In 2022, the average stainless steel household articles export price amounted to $8.5 per unit, surging by 18% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 30%. The export price peaked at $8.5 per unit in 2019; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($8.8 per unit), while the average price for exports to the United Arab Emirates ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Household Articles in Australia
After three years of growth, overseas purchases of table, kitchen or household articles and parts of stainless steel decreased by -13% to 22M units in 2022. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of 26M units, and then fell in the following year.
In value terms, stainless steel household articles imports reduced to $153M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, imports reached the peak of $166M, and then contracted in the following year.
| Import of Stainless Steel Household Articles in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 82.0 | 86.1 | 131 | 115 | 11.9% |
| India | 10.3 | 8.0 | 13.1 | 14.6 | 12.3% |
| United States | 2.8 | 2.7 | 4.0 | 4.0 | 12.6% |
| Vietnam | 1.4 | 1.6 | 2.6 | 3.9 | 40.7% |
| Italy | 1.6 | 2.9 | 4.0 | 3.4 | 28.6% |
| Others | 8.3 | 10.8 | 11.3 | 12.2 | 13.7% |
| Total | 106 | 112 | 166 | 153 | 13.0% |
Top Suppliers of Stainless Steel Household Articles to Australia in 2022:
- China (16.7M units)
- India (2.1M units)
- United States (0.6M units)
- Vietnam (0.6M units)
- Italy (0.5M units)
Exports of Stainless Steel Household Articles in Australia
Stainless steel household articles exports from Australia surged to 673K units in 2022, rising by 51% compared with the previous year. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, stainless steel household articles exports soared to $5.7M in 2022. In general, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel Household Articles in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,678 | 1,629 | 1,674 | 3,728 | 30.5% |
| China | 173 | 46.8 | 74.1 | 310 | 21.5% |
| United States | 216 | 67.0 | 389 | 239 | 3.4% |
| Vietnam | 12.3 | 4.6 | N/A | 219 | 161.1% |
| Papua New Guinea | 264 | 80.3 | 46.4 | 190 | -10.4% |
| Netherlands | 45.8 | 7.9 | 108 | 137 | 44.1% |
| United Kingdom | 142 | 18.2 | 157 | 129 | -3.1% |
| United Arab Emirates | 15.9 | 44.7 | 43.9 | 41.9 | 38.1% |
| Others | 859 | 636 | 708 | 719 | -5.8% |
| Total | 3,406 | 2,535 | 3,200 | 5,713 | 18.8% |
Top Export Markets for Stainless Steel Household Articles from Australia in 2022:
- New Zealand (421.9K units)
- China (35.1K units)
- United Arab Emirates (31.2K units)
- United States (27.0K units)
- Vietnam (24.8K units)
- Papua New Guinea (21.5K units)
- Netherlands (15.5K units)
- United Kingdom (14.6K units)
This report provides an in-depth analysis of the market for stainless steel household articles in Australia. 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 25991225 - Table, kitchen or household articles and parts thereof of stainless steel (excluding cutlery)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for stainless steel household articles, including key statistics and numbers. Learn about the leading countries and their demand for these premium products.
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