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

Market Size for Table, Kitchen Or Household Articles And Parts Of Stainless Steel in the EU

The EU stainless steel household articles market fell modestly to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in the EU

In value terms, stainless steel household articles production totaled $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports in the EU

After two years of growth, overseas shipments of table, kitchen or household articles and parts of stainless steel decreased by X% to X units in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, 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 X%. As a result, the exports reached the peak of X units, and then fell in the following year.

In value terms, stainless steel household articles exports contracted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

The Netherlands (X units) and Germany (X units) represented the major exporters of table, kitchen or household articles and parts of stainless steel in 2022, resulting at approx. X% and X% of total exports, respectively. Belgium (X units) ranks next in terms of the total exports with a X% share, followed by Italy (X%), Spain (X%), France (X%) and Poland (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel household articles supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined X% share of total exports. Belgium, France, Poland and Spain lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The export price in the European Union stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

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

Imports in the EU

In 2022, after three years of growth, there was significant decline in supplies from abroad of table, kitchen or household articles and parts of stainless steel, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, stainless steel household articles imports contracted modestly to $X in 2022. Total imports indicated tangible growth 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 increased by X% against 2015 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), France (X units), Spain (X units), Poland (X units), Belgium (X units) and Italy (X units) represented the key importers of table, kitchen or household articles and parts of stainless steel, together mixing up X% of total imports. The Czech Republic (X units), Sweden (X units), Austria (X units), Denmark (X units), Hungary (X units) and Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to stainless steel household articles imports into Germany stood at X%. At the same time, Slovakia (X%), Spain (X%), Poland (X%), the Czech Republic (X%), the Netherlands (X%), Sweden (X%), Hungary (X%), Italy (X%), Austria (X%) and France (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, Denmark (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Spain (X p.p.) and Poland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Denmark (X p.p.), France (X p.p.) and Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported table, kitchen or household articles and parts of stainless steel in the European Union, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and France (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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