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

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

In 2022, the CIS cast iron household articles market increased by 0.7% to $X, rising for the sixth consecutive year after two years of decline. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +87.0% against 2016 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Table, Kitchen Or Household Articles Of Cast Iron in CIS

In value terms, cast iron household articles production reached $X in 2022 estimated in export price. Overall, production posted a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 234%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports in CIS

In 2022, approx. X tons of table, kitchen or household articles of cast iron were exported in the CIS; picking up by 157% on 2021 figures. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 229%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, cast iron household articles exports skyrocketed to $X in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2019 with an increase of 481% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Uzbekistan dominates exports structure, recording X tons, which was approx. 96% of total exports in 2022. Russia (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the table, kitchen or household articles of cast iron exports, with a CAGR of +149.4% from 2012 to 2022. At the same time, Russia (+14.4%) displayed positive paces of growth. From 2012 to 2022, the share of Uzbekistan increased by +96 percentage points.

In value terms, Uzbekistan ($X) remains the largest cast iron household articles supplier in the CIS, comprising 90% of total exports. The second position in the ranking was taken by Russia ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan stood at +163.9%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, waning by -53.8% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the export price increased by 76% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton 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 Russia ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+5.8%).

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports in CIS

In 2022, imports of table, kitchen or household articles of cast iron in the CIS totaled X tons, with an increase of 9.3% on the previous year. In general, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, cast iron household articles imports reduced to $X in 2022. Total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% 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 +27.2% against 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Kyrgyzstan was the largest importer of table, kitchen or household articles of cast iron in the CIS, with the volume of imports resulting at X tons, which was near 64% of total imports in 2022. It was distantly followed by Russia (X tons), creating a 27% share of total imports. Belarus (X tons) and Kazakhstan (X tons) held a minor share of total imports.

Kyrgyzstan was also the fastest-growing in terms of the table, kitchen or household articles of cast iron imports, with a CAGR of +96.8% from 2012 to 2022. At the same time, Belarus (+15.9%) displayed positive paces of growth. Russia experienced a relatively flat trend pattern. By contrast, Kazakhstan (-7.6%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+63 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-17.1 p.p.) and Russia (-47.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported table, kitchen or household articles of cast iron in the CIS, comprising 57% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 25% share of total imports. It was followed by Belarus, with a 7.8% share.

In Russia, cast iron household articles imports decreased by an average annual rate of -2.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (+67.8% per year) and Belarus (+11.7% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, which is down by -16.4% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 21%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

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 Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :