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

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

The Italian cast iron household articles market surged to $X in 2022, with an increase of 120% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

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

In value terms, cast iron household articles production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 42%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Italy

After three years of growth, shipments abroad of table, kitchen or household articles of cast iron decreased by -15.4% to X tons in 2022. Overall, exports, however, posted a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of 82%. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, cast iron household articles exports contracted rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 105%. As a result, the exports reached the peak of $X, and then dropped dramatically in the following year.

Exports by Country

South Korea (X tons), Poland (X tons) and Belgium (X tons) were the main destinations of cast iron household articles exports from Italy, with a combined 30% share of total exports. Hungary, France, Spain, the United States, Japan, Malta, Germany, Togo and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 52%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Togo (with a CAGR of +1,723.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cast iron household articles exported from Italy were South Korea ($X), Japan ($X) and Belgium ($X), with a combined 36% share of total exports. Poland, the United States, Hungary, Germany, France, Spain, Bosnia and Herzegovina, Malta and Togo lagged somewhat behind, together accounting for a further 45%.

Among the main countries of destination, Hungary, with a CAGR of +90.7%, saw the highest rates of growth with regard to 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 average cast iron household articles export price amounted to $X per ton, shrinking by -6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2018 when the average export price increased by 44%. The export price peaked at $X per ton in 2021, and then declined in the following year.

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 ($X per ton), while the average price for exports to Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Italy

Cast iron household articles imports into Italy surged to X tons in 2022, increasing by 83% compared with the previous year. Overall, imports enjoyed a strong increase. The growth pace was the most rapid in 2019 with an increase of 110% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cast iron household articles imports surged to $X in 2022. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 89%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Belgium (X tons) and Spain (X tons) were the main suppliers of cast iron household articles imports to Italy, with a combined 69% share of total imports. Germany, Vietnam, Austria, the Netherlands and France lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +354.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and Germany ($X) were the largest cast iron household articles suppliers to Italy, with a combined 70% share of total imports. Spain, the Netherlands, France, Vietnam and Austria lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Vietnam, with a CAGR of +593.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cast iron household articles import price stood at $X per ton in 2022, dropping by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, import price reached the peak level of $X per ton, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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