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

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

In 2022, the East European cast iron household articles market increased by 6.2% to $X, rising for the sixth consecutive year after two years of decline. The total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +81.7% against 2016 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

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

In value terms, cast iron household articles production contracted slightly to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -11.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 88% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports in Eastern Europe

In 2022, after ten years of growth, there was significant decline in overseas shipments of table, kitchen or household articles of cast iron, when their volume decreased by -47.8% to X tons. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 66% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted rapidly in the following year.

In value terms, cast iron household articles exports declined remarkably to $X in 2022. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. The level of export peaked at $X in 2021, and then contracted sharply in the following year.

Exports by Country

In 2022, Poland (X tons), Ukraine (X tons), Hungary (X tons) and the Czech Republic (X tons) represented the main exporter of table, kitchen or household articles of cast iron in Eastern Europe, achieving 78% of total export. It was distantly followed by Russia (X tons), committing a 9.4% share of total exports. The following exporters - Latvia (X tons) and Lithuania (X tons) - each amounted to a 7.8% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +47.0%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the largest cast iron household articles supplier in Eastern Europe, comprising 42% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 18% share of total exports. It was followed by Hungary, with a 12% share.

In Poland, cast iron household articles exports increased at an average annual rate of +59.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+19.4% per year) and Hungary (+35.9% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, increasing by 25% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the other leaders experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports in Eastern Europe

In 2022, purchases abroad of table, kitchen or household articles of cast iron decreased by -6% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, cast iron household articles imports fell to $X in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Russia represented the main importing country with an import of around X tons, which recorded 35% of total imports. It was distantly followed by Poland (X tons), the Czech Republic (X tons), Hungary (X tons), Romania (X tons) and Belarus (X tons), together creating a 52% share of total imports. Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +24.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 63% of total imports. Hungary, Romania, Lithuania and Belarus lagged somewhat behind, together comprising a further 26%.

Romania, with a CAGR of +25.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2019 when the import price increased by 21%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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