France: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2024

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

In 2022, the French stainless steel household articles market increased by 4.7% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Stainless steel household articles consumption peaked in 2022 and is expected to retain growth in years to come.

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

In value terms, stainless steel household articles production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced downturn. The growth pace was the most rapid in 2021 when the production volume increased by 16% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports from France

In 2022, exports of table, kitchen or household articles and parts of stainless steel from France shrank rapidly to X units, declining by -25% compared with 2021. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 22%. As a result, the exports reached the peak of X units, and then reduced remarkably in the following year.

In value terms, stainless steel household articles exports reduced rapidly to $X in 2022. In general, exports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

Germany (X units), Belgium (X units) and Spain (X units) were the main destinations of stainless steel household articles exports from France, with a combined 35% share of total exports. Switzerland, Italy, the United States, Japan, the Netherlands, Poland, the UK, Portugal, the United Arab Emirates and Turkey lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +17.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for table, kitchen or household articles and parts of stainless steel exports from France, comprising 19% of total exports. The second position in the ranking was held by Belgium ($X), with a 9.3% share of total exports. It was followed by Spain, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+0.1% per year) and Spain (+4.0% per year).

Export Prices by Country

The average stainless steel household articles export price stood at $X per unit in 2022, growing by 4.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 14%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Portugal ($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 Spain (+3.9%), 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 France

In 2022, supplies from abroad of table, kitchen or household articles and parts of stainless steel decreased by -9.9% to X units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, stainless steel household articles imports dropped slightly to $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 30%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X units) constituted the largest stainless steel household articles supplier to France, accounting for a 55% share of total imports. Moreover, stainless steel household articles imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), sixfold. The third position in this ranking was taken by the Netherlands (X units), with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+7.6% per year) and the Netherlands (+20.6% per year).

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of stainless steel to France, comprising 49% of total imports. The second position in the ranking was held by Spain ($X), with a 9.1% share of total imports. It was followed by Germany, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.9% per year) and Germany (+9.5% per year).

Import Prices by Country

In 2022, the average stainless steel household articles import price amounted to $X per unit, rising by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. As a result, import price attained the peak level of $X per unit; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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