Scandinavia: 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 Scandinavia

After three years of decline, the Scandinavia stainless steel household articles market increased by 36% to $X in 2021. Overall, consumption, however, continues to indicate a pronounced descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, stainless steel household articles production reached $X in 2021 estimated in export price. Overall, production, however, faced a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 18%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports in Scandinavia

In 2021, shipments abroad of table, kitchen or household articles and parts of stainless steel increased by 23% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel household articles exports surged to $X in 2021. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden was the largest exporter of table, kitchen or household articles and parts of stainless steel in Scandinavia, with the volume of exports reaching X units, which was near 54% of total exports in 2021. Denmark (X units) held the second position in the ranking, distantly followed by Finland (X units). All these countries together took near 44% share of total exports. Norway (X units) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were in Norway (with a CAGR of +10.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) were the countries with the highest levels of exports in 2021, with a combined 98% share of total exports. Norway lagged somewhat behind, accounting for a further 2%.

In terms of the main exporting countries, Norway, with a CAGR of +13.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, surging by 3.9% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 9.2% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+3.0%), while the other leaders experienced more modest paces of growth.

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

Imports in Scandinavia

In 2021, after three years of decline, there was significant growth in supplies from abroad of table, kitchen or household articles and parts of stainless steel, when their volume increased by 25% to X units. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The volume of import peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, stainless steel household articles imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X units) and Denmark (X units) represented roughly 73% of total imports in 2021. Norway (X units) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Finland (9.4%). Iceland (X units) took a minor share of total imports.

From 2012 to 2021, the biggest increases were in Iceland (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel household articles importing markets in Scandinavia were Denmark ($X), Sweden ($X) and Norway ($X), together comprising 89% of total imports.

In terms of the main importing countries, Sweden, with a CAGR of +5.8%, recorded the highest rates of growth with regard to 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 import price in Scandinavia stood at $X per unit in 2021, picking up by 8.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+1.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform