China - 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 China - 2023
Contents:
- Price for Stainless Steel Household Articles in China (FOB) - 2023
- Price for Stainless Steel Household Articles in China (CIF) - 2023
- Exports of Stainless Steel Household Articles in China
- Imports of Stainless Steel Household Articles in China
Price for Stainless Steel Household Articles in China (FOB) - 2023
In June 2023, the average stainless steel household articles export price amounted to $5.5 per unit, waning by -5.3% against the previous month. Overall, the export price showed a mild contraction. The most prominent rate of growth was recorded in March 2023 an increase of 12% month-to-month. As a result, the export price reached the peak level of $7.7 per unit. From April 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($12.8 per unit), while the average price for exports to Russia ($3.9 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Stainless Steel Household Articles in China (CIF) - 2023
In June 2023, the average stainless steel household articles import price amounted to $17.9 per unit, picking up by 23% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in February 2023 an increase of 31% month-to-month. As a result, import price attained the peak level of $18.9 per unit. From March 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($25.7 per unit), while the price for Nepal ($4.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Nepal (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stainless Steel Household Articles in China
In 2022, overseas shipments of table, kitchen or household articles and parts of stainless steel decreased by -9.9% to 1.2B units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.9% 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 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 1.3B units, and then fell in the following year.
In value terms, stainless steel household articles exports fell to $7.3B in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports attained the peak of $7.6B, and then reduced modestly in the following year.
| Export of Stainless Steel Household Articles in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 722 | 1,073 | 1,602 | 1,349 | 23.2% |
| Malaysia | 184 | 259 | 419 | 359 | 25.0% |
| Vietnam | 195 | 279 | 304 | 330 | 19.2% |
| South Korea | 207 | 276 | 333 | 326 | 16.3% |
| Germany | 252 | 272 | 384 | 316 | 7.8% |
| Thailand | 120 | 208 | 308 | 285 | 33.4% |
| Singapore | 149 | 204 | 192 | 267 | 21.5% |
| India | 109 | 81.9 | 88.3 | 261 | 33.8% |
| Indonesia | 117 | 163 | 224 | 235 | 26.2% |
| Philippines | 85.1 | 145 | 199 | 230 | 39.3% |
| Netherlands | 165 | 160 | 202 | 162 | -0.6% |
| United Arab Emirates | 43.8 | 101 | 148 | 153 | 51.7% |
| Russia | 94.3 | 162 | 135 | 101 | 2.3% |
| Others | 2,157 | 2,308 | 3,087 | 2,957 | 11.1% |
| Total | 4,599 | 5,691 | 7,625 | 7,330 | 16.8% |
Top Export Markets for Stainless Steel Household Articles from China in 2022:
- United States (210.5M units)
- Germany (56.9M units)
- Vietnam (49.0M units)
- Malaysia (43.1M units)
- South Korea (42.2M units)
- India (40.3M units)
- Thailand (37.9M units)
- Indonesia (34.1M units)
- Philippines (32.3M units)
- Netherlands (30.2M units)
- Russia (25.3M units)
- Singapore (24.6M units)
- United Arab Emirates (23.7M units)
Imports of Stainless Steel Household Articles in China
For the third consecutive year, China recorded decline in supplies from abroad of table, kitchen or household articles and parts of stainless steel, which decreased by -9.5% to 2.8M units in 2022. In general, imports showed a abrupt contraction. The smallest decline of -6.1% was in 2021. Imports peaked at 3.7M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, stainless steel household articles imports fell to $45M in 2022. Overall, imports showed a abrupt decrease. The smallest decline of -1.3% was in 2021. Over the period under review, imports hit record highs at $53M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Stainless Steel Household Articles in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 13.8 | 14.1 | 13.0 | 13.8 | 0.0% |
| Germany | 15.6 | 11.6 | 13.6 | 8.5 | -18.3% |
| Japan | 6.2 | 7.5 | 5.9 | 7.3 | 5.6% |
| South Korea | 4.5 | 4.5 | 2.2 | 2.4 | -18.9% |
| Italy | 1.3 | 1.0 | 1.5 | 2.1 | 17.3% |
| France | 0.8 | 0.5 | 1.7 | 1.2 | 14.5% |
| United States | 3.1 | 1.4 | 1.1 | 0.9 | -33.8% |
| Vietnam | 1.6 | 0.6 | 0.8 | 0.6 | -27.9% |
| India | 0.6 | 0.2 | 0.3 | 0.5 | -5.9% |
| United Arab Emirates | 1.5 | N/A | N/A | N/A | 0% |
| Others | 4.1 | 8.7 | 9.2 | 7.7 | 23.4% |
| Total | 53.3 | 50.0 | 49.4 | 45.1 | -5.4% |
Top Suppliers of Stainless Steel Household Articles to China in 2022:
- United Arab Emirates (undefinedK units)
- Thailand (675.8K units)
- Germany (518.6K units)
- Japan (366.6K units)
- South Korea (279.9K units)
- France (108.2K units)
- Italy (95.8K units)
- Vietnam (76.9K units)
- India (71.8K units)
- United States (29.4K units)
This report provides an in-depth analysis of the market for stainless steel household articles in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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