Global Stainless Steel Tableware Market 2020

Stainless Steel Tableware Market Size

The global stainless steel tableware market revenue amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2011, when market value increased by X% y-o-y. Over the period under review, the global stainless steel tableware market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Stainless Steel Tableware Production

In 2017, the amount of table flatware of stainless steel produced worldwide totaled X units, flattening at the previous year. Overall, stainless steel tableware production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. Over the period under review, the global stainless steel tableware production reached its peak figure volume in 2017, and is likely to see steady growth in the near future.

Stainless Steel Tableware Exports

In 2017, the amount of table flatware of stainless steel exported worldwide stood at X units, stabilizing at the previous year. In general, stainless steel tableware exports continue to indicate a measured deduction. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Global exports peaked of X units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, stainless steel tableware exports amounted to $X in 2017. In general, stainless steel tableware exports continue to indicate a relatively flat trend pattern. Global exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Stainless Steel Tableware Exports by Country

China dominates stainless steel tableware exports structure, finishing at X units, which was near X% of total exports in 2017. Vietnam (X units), India (X units), the United Arab Emirates (X units) and Germany (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Vietnam (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, India (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of China (X%) increased significantly in terms of the global exports from 2007-2017, the share of Vietnam (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest stainless steel tableware supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, stainless steel tableware exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Germany (+X% per year).

Stainless Steel Tableware Export Prices by Country

In 2017, the average stainless steel tableware export price amounted to $X per thousand units, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. Over the period under review, the average export prices for table flatware of stainless steel attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Germany ($X per unit), while the United Arab Emirates ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.

Stainless Steel Tableware Imports

In 2017, approx. X units of table flatware of stainless steel were imported worldwide; leveling off at the previous year. Overall, stainless steel tableware imports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. Over the period under review, the global stainless steel tableware imports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, stainless steel tableware imports amounted to $X in 2017. Overall, stainless steel tableware imports continue to indicate a relatively flat trend pattern. Global imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Stainless Steel Tableware Imports by Country

In 2017, the U.S. (X units), distantly followed by Germany (X units) and the UK (X units) were the key importers of table flatware of stainless steel, together achieving X% of total imports. The following importers - France (X units), Russia (X units), Australia (X units), the United Arab Emirates (X units), Saudi Arabia (X units), Iran (X units), Spain (X units), the Netherlands (X units) and Taiwan, Chinese (X units) together made up X% of total imports.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%), Iran (+X%), Saudi Arabia (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. The Netherlands and Australia experienced a relatively flat trend pattern. By contrast, Germany (-X%), the UK (-X%), France (-X%), Spain (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the U.S. (X%), the United Arab Emirates (X%), France (X%), the UK (X%) and Spain (X%) increased significantly in terms of the global imports from 2007-2017, the share of Taiwan, Chinese (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported table flatware of stainless steel worldwide, making up X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In the U.S., stainless steel tableware imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the UK (-X% per year).

Stainless Steel Tableware Import Prices by Country

In 2017, the average stainless steel tableware import price amounted to $X per thousand units, remaining constant against the previous year. Overall, stainless steel tableware import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the average import prices increased by X% y-o-y. Global import price peaked of $X per thousand units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per unit), while Iran ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform