Report Update Nov 1, 2024

South Africa - Table, Kitchen or Household Articles and Parts of Iron - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Iron Household Articles Market 2024

Iron Household Articles Market Size in South Africa

The South African iron household articles market soared to $X in 2021, increasing by 51% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Iron Household Articles Exports

Exports from South Africa

In 2021, overseas shipments of table, kitchen or household articles and parts of iron were finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. Over the period under review, exports, however, saw a mild descent. The growth pace was the most rapid in 2014 with an increase of 41% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, iron household articles exports soared to $X in 2021. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Namibia (X tons), Botswana (X tons) and Lesotho (X tons) were the main destinations of iron household articles exports from South Africa, with a combined 63% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lesotho (with a CAGR of +13.1%), while the other leaders experienced mixed trend patterns.

In value terms, Namibia ($X) remains the key foreign market for table, kitchen or household articles and parts of iron exports from South Africa, comprising 42% of total exports. The second position in the ranking was held by Botswana ($X), with an 18% share of total exports. It was followed by Mozambique, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Namibia amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+0.2% per year) and Mozambique (+9.0% per year).

Export Prices by Country

The average iron household articles export price stood at $X per ton in 2021, picking up by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Household Articles Imports

Imports into South Africa

Iron household articles imports into South Africa surged to X tons in 2021, with an increase of 49% against the previous year. The total import volume increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron household articles imports surged to $X in 2021. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of iron household articles to South Africa, accounting for a 92% share of total imports. It was followed by India (X tons), with a 2.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +1.2%.

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of iron to South Africa, comprising 86% of total imports. The second position in the ranking was held by India ($X), with a 3.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average iron household articles import price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 9.2%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for table, kitchen or household articles and parts of iron in the world?

The countries with the highest volumes of iron household articles consumption in 2020 were the United States, China and India, together accounting for 48% of global consumption. These countries were followed by Japan, Russia, Indonesia, Germany, Mexico, the UK, Turkey and Malaysia, which together accounted for a further 24%.

What are the largest producers of table, kitchen or household articles and parts of iron in the world?

The country with the largest volume of iron household articles production was China, accounting for 54% of total volume. Moreover, iron household articles production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Turkey, with a 4.1% share.

What are the leading suppliers of table, kitchen or household articles and parts of iron to South Africa?

In value terms, China constituted the largest supplier of iron household articles to South Africa, comprising 84% of total imports. The second position in the ranking was occupied by India, with a 4.6% share of total imports.

What are the leading importers of table, kitchen or household articles and parts of iron from South Africa?

In value terms, the largest markets for iron household articles exported from South Africa were Namibia, Botswana and Zambia, together accounting for 59% of total exports. Swaziland, Lesotho, Malawi, Zimbabwe, Mozambique, Angola, Democratic Republic of the Congo, Ghana and Madagascar lagged somewhat behind, together accounting for a further 30%.

What is the average export price for table, kitchen or household articles and parts of iron in South Africa?

The average iron household articles export price stood at $4,010 per ton in 2020, reducing by -8% against the previous year.

What is the average import price for table, kitchen or household articles and parts of iron in South Africa?

In 2020, the average iron household articles import price amounted to $2,376 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the iron household articles market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25991245 - Table, kitchen or household articles and parts thereof of iron other than cast iron, or steel other than stainless (excl. enamelled)

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023