Central Asia: Stainless Steel Tableware Market 2020

Stainless Steel Tableware Market Size in Central Asia

The revenue of the stainless steel tableware market in Central Asia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The stainless steel tableware consumption continues to indicate a prominent growth. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the stainless steel tableware market reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Stainless Steel Tableware Exports in Central Asia

In 2017, approx. X units of table flatware of stainless steel were exported in Central Asia; going up by X% against the previous year. The stainless steel tableware exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, the stainless steel tableware exports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, stainless steel tableware exports totaled $X in 2017. The stainless steel tableware exports continue to indicate a remarkable expansion. Over the period under review, the stainless steel tableware exports reached its peak figure level in 2017, and are likely to continue its growth in the immediate term.

Stainless Steel Tableware Exports by Country in Central Asia

Kazakhstan dominates stainless steel tableware exports structure, resulting at X units, which was approx. X% of total exports in 2017. It was distantly followed by Kyrgyzstan (X units), making up X% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. While the share of Kyrgyzstan (-X%) and Kazakhstan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest stainless steel tableware supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports.

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

Stainless Steel Tableware Export Prices by Country in Central Asia

The stainless steel tableware export price in Central Asia stood at $X per thousand units in 2017, remaining relatively unchanged against the previous year. The stainless steel tableware export price continues to indicate a mild contraction. The growth pace was the most rapid in 2009, when the export prices increased by X% year-to-year. Over the period under review, the export prices for table flatware of stainless steel reached its maximum level of $X per unit in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Kazakhstan ($X per thousand units) and Kyrgyzstan ($X per thousand units), while Kyrgyzstan ($X per thousand units) and Kazakhstan ($X per thousand units) were amongst the lowest.

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

Stainless Steel Tableware Imports in Central Asia

In 2017, approx. X units of table flatware of stainless steel were imported in Central Asia; remaining stable 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 2010, when imports increased by X% y-o-y. Over the period under review, the stainless steel tableware imports attained its peak figure volume of X units in 2013; however, from 2014 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 mild growth. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Stainless Steel Tableware Imports by Country in Central Asia

In 2017, Kazakhstan (X units) was the main importer for table flatware of stainless steel, making up X% of total imports. Kyrgyzstan (X units) held the second position in the ranking, distantly followed by Mongolia (X units). All these countries together held near X% share of total imports.

Kazakhstan experienced a relatively flat trend pattern of table flatware of stainless steel imports. At the same time, Mongolia (+X%) and Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. While the share of Kazakhstan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Mongolia (-X%) and Kyrgyzstan (-X%) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported table flatware of stainless steel in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (+X% per year) and Kyrgyzstan (+X% per year).

Stainless Steel Tableware Import Prices by Country in Central Asia

The stainless steel tableware import price in Central Asia stood at $X per thousand units in 2017, jumping 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 2011, when it surged by X% y-o-y. The level of import price peaked of $X per thousand units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mongolia ($X per unit), while Kyrgyzstan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform