Denmark: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2025

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

In 2022, the Danish stainless steel household articles market decreased by -30.7% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a perceptible shrinkage. Stainless steel household articles consumption peaked at $X in 2021, and then contracted rapidly in the following year.

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

In value terms, stainless steel household articles production fell dramatically to $X in 2022 estimated in export price. In general, production saw a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of 132% against the previous year. As a result, production reached the peak level of $X, and then declined significantly in the following year.

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

Exports from Denmark

In 2022, overseas shipments of table, kitchen or household articles and parts of stainless steel increased by 2.8% to X units, rising for the third consecutive year after three years of decline. Over the period under review, exports, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, stainless steel household articles exports fell slightly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 31% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units), Norway (X units) and Germany (X units) were the main destinations of stainless steel household articles exports from Denmark, with a combined 59% share of total exports. The United States, Belgium, Australia, the Netherlands, Finland, France, China and the UK lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +30.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stainless steel household articles exported from Denmark were Sweden ($X), Norway ($X) and Germany ($X), with a combined 59% share of total exports. The United States, Belgium, Australia, the UK, the Netherlands, France, Finland and China lagged somewhat behind, together accounting for a further 27%.

In terms of the main countries of destination, China, with a CAGR of +24.7%, recorded the highest rates of growth with regard to the value of exports, 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, which is down by -7.3% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Norway ($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 Germany (+3.0%), 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 Denmark

Stainless steel household articles imports into Denmark fell notably to X units in 2022, with a decrease of -35.3% on the previous year. Overall, imports showed a mild contraction. The pace of growth was the most pronounced in 2020 with an increase of 77%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, stainless steel household articles imports dropped to $X in 2022. In general, imports showed a slight shrinkage. The growth pace was the most rapid in 2021 when imports increased by 47%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest stainless steel household articles supplier to Denmark, with a 55% share of total imports. Moreover, stainless steel household articles imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), sixfold. The third position in this ranking was taken by Lithuania (X units), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+4.6% per year) and Lithuania (-2.5% per year).

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of stainless steel to Denmark, comprising 59% of total imports. The second position in the ranking was held by Sweden ($X), with a 9.1% share of total imports. It was followed by Germany, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+5.8% per year) and Germany (+0.1% per year).

Import Prices by Country

The average stainless steel household articles import price stood at $X per unit in 2022, jumping by 39% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 51%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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