CIS: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2024

Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports in CIS

In 2022, the amount of table, kitchen or household articles and parts of stainless steel exported in the CIS shrank to X units, with a decrease of X% on the previous year's figure. In general, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, stainless steel household articles exports shrank markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.

Exports by Country

Belarus represented the key exporting country with an export of around X units, which amounted to X% of total exports. Russia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Uzbekistan (X%) and Armenia (X%). The following exporters - Kyrgyzstan (X units) and Kazakhstan (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel household articles supplying countries in the CIS were Russia ($X), Belarus ($X) and Uzbekistan ($X), with a combined X% share of total exports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports in CIS

After five years of growth, overseas purchases of table, kitchen or household articles and parts of stainless steel decreased by X% to X units in 2022. Total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021, and then dropped notably in the following year.

In value terms, stainless steel household articles imports dropped notably to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) was the main importer of table, kitchen or household articles and parts of stainless steel, making up X% of total imports. Uzbekistan (X units) ranks second in terms of the total imports with a X% share, followed by Kazakhstan (X%) and Kyrgyzstan (X%). The following importers - Belarus (X units), Azerbaijan (X units) and Armenia (X units) - together made up X% of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of table, kitchen or household articles and parts of stainless steel. At the same time, Kyrgyzstan (X%), Uzbekistan (X%), Kazakhstan (X%), Azerbaijan (X%), Armenia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan, Kazakhstan and Kyrgyzstan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported table, kitchen or household articles and parts of stainless steel in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, declining by X% against the previous year. In general, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform

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