Australia: Market for Table, Kitchen Or Household Articles Of Cast Iron 2025

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Australia

For the third year in a row, the Australian cast iron household articles market recorded growth in sales value, which increased by 16% to $X in 2022. Over the period under review, consumption enjoyed a resilient expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Australia

In 2022, overseas shipments of table, kitchen or household articles of cast iron increased by 77% to X tons, rising for the second year in a row after two years of decline. In general, exports saw a temperate increase. The pace of growth appeared the most rapid in 2021 when exports increased by 245% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cast iron household articles exports surged to $X in 2022. Over the period under review, exports recorded a temperate increase. The growth pace was the most rapid in 2021 when exports increased by 145% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

New Zealand (X tons) was the main destination for cast iron household articles exports from Australia, with a 77% share of total exports. Moreover, cast iron household articles exports to New Zealand exceeded the volume sent to the second major destination, Portugal (X tons), eightfold. China (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (0.0% per year) and China (+1.3% per year).

In value terms, New Zealand ($X) remains the key foreign market for table, kitchen or household articles of cast iron exports from Australia, comprising 72% of total exports. The second position in the ranking was held by Portugal ($X), with a 13% share of total exports. It was followed by China, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand totaled +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (0.0% per year) and China (-1.5% per year).

Export Prices by Country

The average cast iron household articles export price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 17%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+64.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Australia

In 2022, overseas purchases of table, kitchen or household articles of cast iron increased by 33% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, cast iron household articles imports expanded notably to $X in 2022. Overall, imports showed buoyant growth. The growth pace was the most rapid in 2021 with an increase of 96% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), France (X tons) and the United Arab Emirates (X tons) were the main suppliers of cast iron household articles imports to Australia, together accounting for 93% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +90.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cast iron household articles suppliers to Australia were China ($X), France ($X) and the United States ($X), with a combined 95% share of total imports. These countries were followed by the United Arab Emirates, which accounted for a further 0.7%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +76.0%, recorded the highest growth rate of the value of imports, 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 cast iron household articles import price amounted to $X per ton, shrinking by -15.2% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 2018 an increase of 35%. The import price peaked at $X per ton in 2021, and then declined sharply in the following year.

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 France ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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