Estonia - Table, Kitchen Or Household Articles And Parts Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Estonia - Table, Kitchen Or Household Articles And Parts Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Stainless Steel Household Articles in Estonia - 2023

Contents:

  1. Price for Stainless Steel Household Articles in Estonia (CIF) - 2023
  2. Price for Stainless Steel Household Articles in Estonia (FOB) - 2022
  3. Imports of Stainless Steel Household Articles in Estonia
  4. Exports of Stainless Steel Household Articles in Estonia

Price for Stainless Steel Household Articles in Estonia (CIF) - 2023

In September 2023, the average stainless steel household articles import price amounted to $9.4 per unit, surging by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in February 2023 when the average import price increased by 39% m-o-m. The import price peaked in September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($29.8 per unit), while the price for China ($3.1 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel Household Articles in Estonia (FOB) - 2022

In 2022, the average stainless steel household articles export price amounted to $12 per unit, dropping by -6.5% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel household articles export price increased by +11.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 31%. The export price peaked at $13 per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($13 per unit), while the average price for exports to Italy ($8.6 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 Kazakhstan (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Household Articles in Estonia

In 2022, the amount of table, kitchen or household articles and parts of stainless steel imported into Estonia dropped modestly to 802K units, which is down by -3.5% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.7%. As a result, imports reached the peak of 831K units, and then declined modestly in the following year.

In value terms, stainless steel household articles imports declined modestly to $6.5M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $6.7M, and then reduced in the following year.

Import of Stainless Steel Household Articles in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland7451,3031,6211,50026.3%
Latvia2417901,00491255.8%
Lithuania14251867580278.1%
Poland18534846176160.2%
Germany24765080753529.4%
China1,890304444375-41.7%
Netherlands15922428726718.9%
Italy225213306219-0.9%
Slovakia3.4161251211295.9%
Spain79.118313619835.8%
Sweden21.410499.011474.6%
Turkey13114495.497.9-9.3%
India12930.754.744.9-29.7%
Others648336444437-12.3%
Total4,8475,3086,6856,47510.1%

Top Suppliers of Stainless Steel Household Articles to Estonia in 2022:

  1. Finland (154.0K units)
  2. Lithuania (122.5K units)
  3. Latvia (122.1K units)
  4. Poland (114.6K units)
  5. China (69.8K units)
  6. Germany (54.4K units)
  7. Netherlands (34.2K units)
  8. Sweden (25.1K units)
  9. Slovakia (18.7K units)
  10. Italy (16.9K units)
  11. Spain (13.7K units)
  12. Turkey (11.5K units)
  13. India (7.1K units)

Exports of Stainless Steel Household Articles in Estonia

In 2022, after two years of decline, there was significant growth in shipments abroad of table, kitchen or household articles and parts of stainless steel, when their volume increased by 37% to 106K units. Over the period under review, exports, however, saw a abrupt descent. The exports peaked at 170K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, stainless steel household articles exports skyrocketed to $1.3M in 2022. In general, exports, however, continue to indicate a abrupt curtailment. The exports peaked at $1.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Stainless Steel Household Articles in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria707535617516-10.0%
Germany8.13.65.4177179.6%
Lithuania13.228.931.3112104.0%
Russia685165113112-45.3%
Finland59.918758.889.214.2%
Italy0.10.18.782.1836.4%
Latvia46.231886.358.17.9%
Kazakhstan42.7N/AN/A12.9-32.9%
Others82.365.969.41058.5%
Total1,6441,3039901,265-8.4%

Top Export Markets for Stainless Steel Household Articles from Estonia in 2022:

  1. Austria (39.7K units)
  2. Germany (13.7K units)
  3. Finland (10.3K units)
  4. Russia (9.7K units)
  5. Italy (9.6K units)
  6. Lithuania (9.4K units)
  7. Latvia (5.2K units)
  8. Kazakhstan (1.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for stainless steel household articles in Estonia. 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:

  • Estonia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Estonia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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