Australia and Oceania: Stainless Steel Tableware Market 2020

Stainless Steel Tableware Market Size in Australia and Oceania

The revenue of the stainless steel tableware market in Australia and Oceania amounted to $X in 2017, approximately reflecting the previous year. The stainless steel tableware consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when it surged by X% against the previous year. Over the period under review, the stainless steel tableware market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Stainless Steel Tableware Production in Australia and Oceania

In 2017, the amount of table flatware of stainless steel produced in Australia and Oceania stood at X units, approximately mirroring the previous year. The stainless steel tableware production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The volume of stainless steel tableware production peaked in 2017, and is likely to see steady growth in the near future.

Stainless Steel Tableware Exports in Australia and Oceania

The exports totaled X units in 2017, increasing by X% against the previous year. The stainless steel tableware exports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2008, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, stainless steel tableware exports stood at $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel tableware exports increased by +X% against 2014 indices. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Stainless Steel Tableware Exports by Country in Australia and Oceania

Australia was the major exporter of table flatware of stainless steel in Australia and Oceania, with the volume of exports amounting to X units, which was near X% of total exports in 2017. It was distantly followed by New Zealand (X units), making up X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to stainless steel tableware exports from Australia stood at +X%. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of New Zealand and Australia decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest stainless steel tableware supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

In Australia, stainless steel tableware exports expanded at an average annual rate of +X% over the period from 2007-2017.

Stainless Steel Tableware Export Prices by Country in Australia and Oceania

In 2017, the stainless steel tableware export price in Australia and Oceania amounted to $X per thousand units, therefore, remained relatively stable against the previous year. The stainless steel tableware export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the export prices increased by X% year-to-year. In that year, the export prices for table flatware of stainless steel reached their peak level of $X per thousand units. From 2009 to 2017, growth of the export prices for table flatware of stainless steel stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per unit) and Australia ($X per thousand units), while Australia ($X per thousand units) and New Zealand ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by New Zealand (+X% per year).

Stainless Steel Tableware Imports in Australia and Oceania

In 2017, imports of table flatware of stainless steel in Australia and Oceania stood at X units, lowering by -X% against the previous year. The stainless steel tableware imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when it surged by X% year-to-year. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, stainless steel tableware imports stood at $X in 2017. The stainless steel tableware imports continue to indicate a relatively flat trend pattern. Over the period under review, the stainless steel tableware imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Stainless Steel Tableware Imports by Country in Australia and Oceania

Australia represented the largest importer of table flatware of stainless steel in Australia and Oceania, with the volume of imports reaching X units, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X units), comprising X% share of total imports.

Australia experienced a relatively flat trend pattern of table flatware of stainless steel imports. New Zealand experienced a relatively flat trend pattern. Australia (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported table flatware of stainless steel in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in Australia stood at -X%.

Stainless Steel Tableware Import Prices by Country in Australia and Oceania

The stainless steel tableware import price in Australia and Oceania stood at $X per thousand units in 2017, going up by X% against the previous year. The stainless steel tableware import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, an increase of X% y-o-y. In that year, the import prices for table flatware of stainless steel reached their peak level of $X per thousand units. From 2013 to 2017, growth of the import prices for table flatware of stainless steel stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in New Zealand ($X per thousand units) and Australia ($X per thousand units), while Australia ($X per thousand units) and New Zealand ($X per thousand units) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year).

Source: IndexBox Platform