Eastern Asia: Stainless Steel Tableware Market 2020

Stainless Steel Tableware Market Size in Eastern Asia

The revenue of the stainless steel tableware market in Eastern Asia amounted to $X in 2017, surging by X% against the previous year. The total market indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel tableware consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. Over the period under review, the stainless steel tableware market reached its maximum level in 2017, and is likely to see steady growth in the immediate term.

Stainless Steel Tableware Production in Eastern Asia

The stainless steel tableware production totaled X units in 2017, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the stainless steel tableware production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Stainless Steel Tableware Exports in Eastern Asia

The exports totaled X units in 2017, approximately equating the previous year. The stainless steel tableware exports continue to indicate a temperate contraction. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the stainless steel tableware exports attained its maximum volume of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, stainless steel tableware exports amounted to $X in 2017. The stainless steel tableware exports continue to indicate a relatively flat trend pattern. Over the period under review, the stainless steel tableware exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Stainless Steel Tableware Exports by Country in Eastern Asia

In 2017, China (X units) represented the key exporters of table flatware of stainless steel in Eastern Asia, generating X% of total export.

China was also the fastest growing in terms of the table flatware of stainless steel exports, with a CAGR of -X% from 2007 to 2017. While the share of China (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest stainless steel tableware supplier in Eastern Asia.

In China, stainless steel tableware exports increased at an average annual rate of +X% over the period from 2007-2017.

Stainless Steel Tableware Export Prices by Country in Eastern Asia

The stainless steel tableware export price in Eastern Asia stood at $X per thousand units in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. The level of export price peaked of $X per thousand units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Stainless Steel Tableware Imports in Eastern Asia

The imports stood at X units in 2017, standing approx. at the previous year. The stainless steel tableware imports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, stainless steel tableware imports totaled $X in 2017. The stainless steel tableware imports continue to indicate a pronounced setback. Over the period under review, the stainless steel tableware imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Stainless Steel Tableware Imports by Country in Eastern Asia

In 2017, Taiwan, Chinese (X units) was the largest importer for table flatware of stainless steel, generating X% of total imports. It was distantly followed by China, Hong Kong SAR (X units), South Korea (X units), Japan (X units) and China (X units), together constituting X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X), South Korea ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Taiwan, Chinese and China, which together accounted for a further X%.

Among the main importing countries , Taiwan, Chinese (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Stainless Steel Tableware Import Prices by Country in Eastern Asia

In 2017, the stainless steel tableware import price in Eastern Asia amounted to $X per thousand units, stabilizing at the previous year. The stainless steel tableware import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the import prices increased by X% year-to-year. The level of import price peaked of $X per thousand units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per unit), while Taiwan, Chinese ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform