United Arab Emirates: 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 United Arab Emirates

After three years of growth, the stainless steel household articles market in the United Arab Emirates decreased by X% to $X in 2022. Overall, consumption showed a resilient increase. Stainless steel household articles consumption peaked at $X in 2021, and then dropped in the following year.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in the United Arab Emirates

In value terms, stainless steel household articles production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in years to come.

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

Exports from the United Arab Emirates

In 2022, the amount of table, kitchen or household articles and parts of stainless steel exported from the United Arab Emirates soared to X units, growing by X% compared with the previous year. Overall, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel household articles exports skyrocketed to $X in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X units), Pakistan (X units) and Oman (X units) were the main destinations of stainless steel household articles exports from the United Arab Emirates, with a combined X% share of total exports.

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

In value terms, Iraq ($X), Saudi Arabia ($X) and Oman ($X) appeared to be the largest markets for stainless steel household articles exported from the United Arab Emirates worldwide, with a combined X% share of total exports. Pakistan, Qatar, Ethiopia, Bahrain, Ghana, Cameroon, Tanzania, Zambia, Democratic Republic of the Congo and Mauritania lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average stainless steel household articles export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price 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, stainless steel household articles export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the United Arab Emirates

In 2022, overseas purchases of table, kitchen or household articles and parts of stainless steel decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a notable increase 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 2014 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2021, and then shrank remarkably in the following year.

In value terms, stainless steel household articles imports plummeted to $X in 2022. In general, total imports indicated a remarkable 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. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

India (X units), China (X units) and Turkey (X units) were the main suppliers of stainless steel household articles imports to the United Arab Emirates, with a combined X% share of total imports.

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

In value terms, China ($X), India ($X) and Turkey ($X) appeared to be the largest stainless steel household articles suppliers to the United Arab Emirates, with a combined X% share of total imports.

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

Import Prices by Country

In 2022, the average stainless steel household articles import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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