South-Eastern Asia: 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 South-Eastern Asia

The Southeast Asian stainless steel household articles market rose significantly to $X in 2022, surging by X% against the previous year. Overall, consumption showed a modest increase. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in South-Eastern Asia

In value terms, stainless steel household articles production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in South-Eastern Asia

In 2022, the amount of table, kitchen or household articles and parts of stainless steel exported in South-Eastern Asia fell to X units, which is down by X% against 2021. In general, exports showed a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, stainless steel household articles exports contracted to $X in 2022. Over the period under review, exports saw a slight curtailment. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Vietnam represented the largest exporting country with an export of about X units, which accounted for X% of total exports. It was distantly followed by Thailand (X units), Malaysia (X units) and Indonesia (X units), together making up a X% share of total exports. Singapore (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest stainless steel household articles supplying countries in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Indonesia ($X), with a combined X% share of total exports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2019; however, from 2020 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 Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (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 South-Eastern Asia

In 2022, stainless steel household articles imports in South-Eastern Asia rose rapidly to X units, increasing by X% compared with 2021. Total imports indicated a strong 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. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, stainless steel household articles imports declined modestly to $X in 2022. Total imports indicated a resilient increase 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 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined slightly in the following year.

Imports by Country

Indonesia (X units) and Thailand (X units) represented roughly X% of total imports in 2022. Malaysia (X units) ranks next in terms of the total imports with a X% share, followed by Vietnam (X%) and Singapore (X%). The following importers - Myanmar (X units) and the Philippines (X units) - each resulted at an X% share of total imports.

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

In value terms, the largest stainless steel household articles importing markets in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Singapore ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, reducing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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