CIS: Stainless Steel Tableware Market 2020

Stainless Steel Tableware Market Size in CIS

The revenue of the stainless steel tableware market in CIS amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. In that year, the stainless steel tableware market reached their peak level of $X. From 2014 to 2017, growth of the stainless steel tableware market failed to regain its momentum.

Stainless Steel Tableware Production in CIS

In 2017, approx. X units of table flatware of stainless steel were produced in CIS; remaining constant against 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 the output figure increased by X% y-o-y. Over the period under review, the stainless steel tableware production reached its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Stainless Steel Tableware Exports in CIS

In 2017, the amount of table flatware of stainless steel exported in CIS amounted to X units, jumping by X% against the previous year. The stainless steel tableware exports continue to indicate an outstanding growth. The growth pace was the most rapid in 2016, with an increase of X% year-to-year. The volume of exports peaked 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 an outstanding increase. The level of exports peaked in 2017, and are likely to see steady growth in the immediate term.

Stainless Steel Tableware Exports by Country in CIS

Russia dominates stainless steel tableware exports structure, resulting at X units, which was near X% of total exports in 2017. It was distantly followed by Belarus (X units), committing X% share of total exports. Azerbaijan (X units) followed a long way behind the leaders.

Russia was also the fastest growing in terms of the table flatware of stainless steel exports, with a CAGR of +X% from 2007 to 2017. At the same time, Azerbaijan (+X%) and Belarus (+X%) displayed positive paces of growth. While the share of Azerbaijan (-X%), Belarus (-X%) and Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest stainless steel tableware supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Azerbaijan, with a X% share.

In Russia, stainless steel tableware exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+X% per year) and Azerbaijan (+X% per year).

Stainless Steel Tableware Export Prices by Country in CIS

The stainless steel tableware export price in CIS stood at $X per unit in 2017, coming up by X% against the previous year. The stainless steel tableware export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. In that year, the export prices for table flatware of stainless steel reached their peak level of $X per unit. From 2014 to 2017, growth of the export prices for table flatware of stainless steel stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per unit), while Azerbaijan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year), while the other leaders experienced a decline in the export price figures.

Stainless Steel Tableware Imports in CIS

The imports amounted to X units in 2017, approximately mirroring the previous year. The total imports indicated a measured increase from 2007 to 2017: its volume 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 imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The volume of imports peaked of X units in 2012; however, from 2013 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 notable growth. Over the period under review, the stainless steel tableware imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Stainless Steel Tableware Imports by Country in CIS

Russia prevails in stainless steel tableware imports structure, recording X units, which was approx. X% of total imports in 2017. Kazakhstan (X units), Belarus (X units) and Moldova (X units) followed a long way behind the leaders.

Russia was also the fastest growing in terms of the table flatware of stainless steel imports, with a CAGR of +X% from 2007 to 2017. Belarus and Kazakhstan experienced a relatively flat trend pattern. Moldova (-X%) illustrated a downward trend over the same period. While the share of Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Russia, stainless steel tableware imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Belarus (+X% per year).

Stainless Steel Tableware Import Prices by Country in CIS

The stainless steel tableware import price in CIS stood at $X per thousand units in 2017, coming up by X% against the previous year. The stainless steel tableware import price continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2013, when it surged by X% against the previous year. Over the period under review, the import prices for table flatware of stainless steel reached its peak figure level of $X per thousand units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kazakhstan ($X per thousand units), while Russia ($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 Moldova (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform