Germany: 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 Germany

The German stainless steel household articles market reduced modestly to $X in 2022, waning by -1.9% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +47.1% against 2016 indices. As a result, consumption reached the peak level of $X, and then contracted slightly in the following year.

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

In value terms, stainless steel household articles production totaled $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 18%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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

Exports from Germany

In 2022, overseas shipments of table, kitchen or household articles and parts of stainless steel decreased by -16.7% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports reached the peak of X units, and then contracted rapidly in the following year.

In value terms, stainless steel household articles exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Poland (X units), Austria (X units) and the Netherlands (X units) were the main destinations of stainless steel household articles exports from Germany, with a combined 40% share of total exports. France, Switzerland, the Czech Republic, Spain, Italy, South Korea, the UK, Belgium, Sweden and Turkey lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +6.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Austria ($X) and the Netherlands ($X) appeared to be the largest markets for stainless steel household articles exported from Germany worldwide, with a combined 36% share of total exports.

Poland, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stainless steel household articles export price stood at $X per unit in 2022, with an increase of 6.2% against the previous year. Overall, the export price showed a slight expansion. The growth pace was the most rapid in 2018 when the average export price increased by 9.8% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Sweden ($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 Poland (+10.4%), 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 Germany

In 2022, after two years of growth, there was significant decline in supplies from abroad of table, kitchen or household articles and parts of stainless steel, when their volume decreased by -12.2% to X units. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, stainless steel household articles imports contracted to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest stainless steel household articles supplier to Germany, with a 75% share of total imports. Moreover, stainless steel household articles imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Italy (X units) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.2% per year) and Italy (+12.1% per year).

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of stainless steel to Germany, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with a 6% share of total imports. It was followed by India, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.7% per year) and India (+6.6% per year).

Import Prices by Country

The average stainless steel household articles import price stood at $X per unit in 2022, surging by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 an increase of 9.4% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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