Ireland: 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 Ireland

The Irish stainless steel household articles market contracted rapidly to $X in 2022, with a decrease of -48.3% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

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

In value terms, stainless steel household articles production amounted to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14%. Stainless steel household articles production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Ireland

In 2022, after two years of decline, there was significant growth in shipments abroad of table, kitchen or household articles and parts of stainless steel, when their volume increased by 119% to X units. Over the period under review, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by 126% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, stainless steel household articles exports surged to $X in 2022. In general, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units) was the main destination for stainless steel household articles exports from Ireland, accounting for a 62% share of total exports. Moreover, stainless steel household articles exports to the UK exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), threefold. Germany (X units) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+355.5% per year) and Germany (+82.7% per year).

It was followed by Taiwan (Chinese), with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at +17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+58.7% per year) and Taiwan (Chinese) (+162.1% per year).

Export Prices by Country

In 2022, the average stainless steel household articles export price amounted to $X per unit, falling by -28.3% against the previous year. In general, the export price, however, recorded a slight increase. The pace of growth appeared the most rapid in 2021 an increase of 103%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the 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 France ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Germany (+4.7%), 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 Ireland

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 -61.2% to X units. Over the period under review, imports, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2021 with an increase of 152%. As a result, imports reached the peak of X units, and then declined markedly in the following year.

In value terms, stainless steel household articles imports dropped to $X in 2022. In general, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest stainless steel household articles supplier to Ireland, accounting for a 63% share of total imports. Moreover, stainless steel household articles imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.8% per year) and Germany (+0.8% per year).

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of stainless steel to Ireland, comprising 62% of total imports. The second position in the ranking was held by the UK ($X), with a 16% share of total imports. It was followed by India, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-3.4% per year) and India (+17.4% per year).

Import Prices by Country

In 2022, the average stainless steel household articles import price amounted to $X per unit, jumping by 144% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and China ($X per unit), while the price for Germany ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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