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

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

In 2022, the Europe cast iron household articles market decreased by -5.5% to $X for the first time since 2016, thus ending a five-year rising trend. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +72.6% against 2016 indices. As a result, consumption attained the peak level of $X, and then declined in the following year.

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

In value terms, cast iron household articles production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 22% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports in Europe

In 2022, after three years of growth, there was significant decline in overseas shipments of table, kitchen or household articles of cast iron, when their volume decreased by -6.8% to X tons. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2018 indices. The growth pace was the most rapid in 2020 when exports increased by 26%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, cast iron household articles exports dropped to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.7% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 42% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

France was the largest exporter of table, kitchen or household articles of cast iron in Europe, with the volume of exports amounting to X tons, which was near 38% of total exports in 2022. The Netherlands (X tons) ranks second in terms of the total exports with a 20% share, followed by Germany (16%) and Spain (11%). Belgium (X tons) and Austria (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Austria (with a CAGR of +43.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cast iron household articles supplying countries in Europe were France ($X), Germany ($X) and the Netherlands ($X), with a combined 77% share of total exports. Spain, Belgium and Austria lagged somewhat behind, together accounting for a further 12%.

In terms of the main exporting countries, Austria, with a CAGR of +45.8%, recorded the highest growth rate of 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 export price in Europe amounted to $X per ton, with a decrease of -7.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 24% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the other leaders experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports in Europe

For the fourth consecutive year, Europe recorded growth in purchases abroad of table, kitchen or household articles of cast iron, which increased by 1.2% to X tons in 2022. Overall, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 38%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, cast iron household articles imports contracted to $X in 2022. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Germany (X tons) and the Netherlands (X tons) were the major importers of table, kitchen or household articles of cast iron in Europe, together generating 43% of total imports. It was distantly followed by the UK (X tons), France (X tons), Spain (X tons) and Russia (X tons), together creating a 25% share of total imports. The following importers - Belgium (X tons), Italy (X tons), Sweden (X tons), Austria (X tons), Poland (X tons), Portugal (X tons) and Switzerland (X tons) - together made up 19% of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +28.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) were the countries with the highest levels of imports in 2022, with a combined 54% share of total imports. France, Belgium, Spain, Sweden, Italy, Austria, Poland, Switzerland, Russia and Portugal lagged somewhat behind, together comprising a further 34%.

Portugal, with a CAGR of +29.2%, 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 Europe stood at $X per ton in 2022, declining by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2013 an increase of 25% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform