MENA: 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 MENA

For the fifth year in a row, the MENA's stainless steel household articles market recorded growth in sales value, which increased by 8% to $X in 2021. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +82.6% against 2013 indices. The level of consumption peaked in 2021 and is likely to see steady growth in years to come.

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

In value terms, stainless steel household articles production declined to $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +55.8% against 2013 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2020, and then fell slightly in the following year.

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

Exports in MENA

In 2021, the amount of table, kitchen or household articles and parts of stainless steel exported in MENA soared to X units, jumping by 18% against the previous year's figure. The total export volume increased at an average annual rate of +6.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 22%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, stainless steel household articles exports soared to $X in 2021. The total export value increased at an average annual rate of +5.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, recording X units, which was near 92% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), making up a 4.8% share of total exports.

Turkey was also the fastest-growing in terms of the table, kitchen or household articles and parts of stainless steel exports, with a CAGR of +8.6% from 2012 to 2021. The United Arab Emirates (-9.6%) illustrated a downward trend over the same period. While the share of Turkey (+17 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-15.7 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest stainless steel household articles supplier in MENA, comprising 93% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.2% share of total exports.

In Turkey, stainless steel household articles exports expanded at an average annual rate of +6.6% over the period from 2012-2021.

Export Prices by Country

The export price in MENA stood at $X per unit in 2021, growing by 11% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.3%).

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

Imports in MENA

In 2021, stainless steel household articles imports in MENA soared to X units, growing by 23% against the year before. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 44% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in years to come.

In value terms, stainless steel household articles imports skyrocketed to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +45.5% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 47%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X units) was the largest importer of table, kitchen or household articles and parts of stainless steel, generating 30% of total imports. Iraq (X units) took the second position in the ranking, followed by Egypt (X units), Morocco (X units), Algeria (X units) and Libya (X units). All these countries together took near 39% share of total imports. Israel (X units), Kuwait (X units), Turkey (X units), Qatar (X units), Iran (X units), Djibouti (X units) and Jordan (X units) held a little share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +8.5% from 2012 to 2021. At the same time, Djibouti (+35.5%), Iraq (+26.1%), Qatar (+23.3%), Algeria (+14.5%), Kuwait (+11.1%), Morocco (+11.1%), Jordan (+9.2%), Israel (+7.3%) and Egypt (+4.4%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest-growing importer imported in MENA, with a CAGR of +35.5% from 2012-2021. By contrast, Turkey (-2.6%), Libya (-5.1%) and Iran (-10.7%) illustrated a downward trend over the same period. While the share of Iraq (+10 p.p.), the United Arab Emirates (+5.2 p.p.), Algeria (+3.1 p.p.), Djibouti (+2.4 p.p.), Qatar (+2.3 p.p.) and Morocco (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Turkey (-4.1 p.p.), Libya (-8.3 p.p.) and Iran (-10.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported table, kitchen or household articles and parts of stainless steel in MENA, comprising 28% of total imports. The second position in the ranking was held by Egypt ($X), with a 9.4% share of total imports. It was followed by Iraq, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates totaled +11.5%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (+20.2% per year) and Iraq (+25.4% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, increasing by 4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2020 when the import price increased by 13%. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+15.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform