Report Update: May 1, 2024

Italy - 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 Italy - 2023

Price for Stainless Steel Household Articles in Italy (FOB) - 2023

In June 2023, the average stainless steel household articles export price amounted to $14.7 per unit, waning by -2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in December 2022 an increase of 24% m-o-m. Over the period under review, the average export prices hit record highs at $15.0 per unit in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Germany ($18.0 per unit), while the average price for exports to Bosnia and Herzegovina ($5.4 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 Romania (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average stainless steel household articles import price stood at $7.1 per unit in June 2023, which is down by -6.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 18% m-o-m. Over the period under review, average import prices attained the maximum at $7.6 per unit in May 2023, and then declined in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($13.3 per unit), while the price for China ($5.7 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 Germany (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Stainless Steel Household Articles in Italy

In 2022, stainless steel household articles exports from Italy contracted to 17M units, reducing by -8.9% against 2021 figures. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of 19M units, and then contracted in the following year.

In value terms, stainless steel household articles exports dropped to $198M in 2022. The total export value increased at an average annual rate of +7.6% 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 when exports increased by 32%. As a result, the exports attained the peak of $223M, and then dropped in the following year.

Export of Stainless Steel Household Articles in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	17.2	24.6	38.6	40.9	33.5%
Germany	28.3	32.2	44.1	39.7	11.9%
France	14.4	15.1	20.0	15.4	2.3%
Mexico	8.8	11.4	15.3	9.3	1.9%
Switzerland	6.8	5.3	7.9	7.3	2.4%
Spain	6.0	5.5	6.9	6.0	0.0%
Poland	6.2	4.3	5.4	4.7	-8.8%
Netherlands	3.3	3.1	4.0	3.9	5.7%
Austria	3.1	2.8	3.5	3.6	5.1%
Belgium	6.0	3.8	4.2	3.5	-16.4%
Czech Republic	3.3	3.0	3.7	3.3	0.0%
Australia	1.6	3.8	4.0	3.3	27.3%
Croatia	1.6	1.5	2.0	2.3	12.9%
Others	52.8	52.7	63.4	55.1	1.4%
Total	159	169	223	198	7.6%

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

Germany (3.3M units)
United States (2.8M units)
France (1.6M units)
Mexico (0.8M units)
Switzerland (0.6M units)
Spain (0.6M units)
Netherlands (0.4M units)
Czech Republic (0.4M units)
Poland (0.4M units)
Austria (0.4M units)
Belgium (0.4M units)
Australia (0.3M units)
Croatia (0.3M units)

Imports of Stainless Steel Household Articles in Italy

In 2022, imports of table, kitchen or household articles and parts of stainless steel into Italy reduced to 24M units, dropping by -9.9% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 26M units, and then fell in the following year.

In value terms, stainless steel household articles imports reduced to $155M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $168M, and then declined in the following year.

Import of Stainless Steel Household Articles in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	68.5	61.4	86.4	79.5	5.1%
Germany	21.8	19.0	22.9	17.5	-7.1%
Turkey	8.7	8.6	13.1	12.6	13.1%
India	10.0	7.9	10.1	9.3	-2.4%
Vietnam	4.6	4.4	2.4	6.1	9.9%
Spain	5.3	3.9	5.2	5.2	-0.6%
France	8.2	3.9	5.6	5.0	-15.2%
Belgium	5.9	1.7	1.9	2.7	-22.9%
Others	16.5	17.9	20.2	17.1	1.2%
Total	149	129	168	155	1.3%

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

China (13.3M units)
Germany (2.6M units)
Turkey (1.9M units)
India (1.5M units)
Vietnam (0.9M units)
France (0.7M units)
Spain (0.7M units)
Belgium (0.2M units)

Source: IndexBox Market Intelligence Platform

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

Italy

Data coverage:

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