Global Iron Household Articles Market 2025

Iron Household Articles Market Size

For the eighth year in a row, the global iron household articles market recorded growth in sales value, which increased by 0.3% to $X in 2021. Over the period under review, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.1% 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 +45.6% against 2013 indices. Global consumption peaked in 2021 and is expected to retain growth in the near future.

Iron Household Articles Production

In value terms, iron household articles production expanded modestly to $X in 2021 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.2% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Iron Household Articles Exports

Exports

In 2021, overseas shipments of table, kitchen or household articles and parts of iron increased by 16% to X tons, rising for the fifth consecutive year after three years of decline. The total export volume increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 19%. The global exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, iron household articles exports skyrocketed to $X in 2021. Overall, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +90.1% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, resulting at X tons, which was near 66% of total exports in 2021. The following exporters - Turkey (X tons), Taiwan (Chinese) (X tons), Italy (X tons), Germany (X tons) and the Netherlands (X tons) - together made up 17% of total exports.

Exports from China increased at an average annual rate of +1.2% from 2012 to 2021. At the same time, the Netherlands (+20.2%), Turkey (+8.2%), Germany (+3.5%) and Taiwan (Chinese) (+1.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.2% from 2012-2021. By contrast, Italy (-1.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and the Netherlands increased by +1.9 and +1.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest iron household articles supplier worldwide, comprising 71% of global exports. The second position in the ranking was taken by Germany ($X), with a 4.1% share of global exports. It was followed by Taiwan (Chinese), with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +4.4%. In the other countries, the average annual rates were as follows: Germany (+4.3% per year) and Taiwan (Chinese) (+2.4% per year).

Export Prices by Country

In 2021, the average iron household articles export price amounted to $X per ton, surging by 8.2% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 10% against the previous year. The global export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the other global leaders experienced more modest paces of growth.

Iron Household Articles Imports

Imports

In 2021, the amount of table, kitchen or household articles and parts of iron imported worldwide expanded remarkably to X tons, surging by 15% against 2020. The total import volume increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron household articles imports surged to $X in 2021. The total import value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, 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

The United States represented the main importer of table, kitchen or household articles and parts of iron in the world, with the volume of imports amounting to X tons, which was approx. 37% of total imports in 2021. It was distantly followed by Germany (X tons), achieving a 5% share of total imports. The following importers - the UK (X tons), Japan (X tons), France (X tons), the Netherlands (X tons), Nigeria (X tons), Russia (X tons), Australia (X tons), Canada (X tons), Spain (X tons), Poland (X tons) and South Korea (X tons) - together made up 27% of total imports.

From 2012 to 2021, average annual rates of growth with regard to iron household articles imports into the United States stood at +9.0%. At the same time, Nigeria (+27.7%), South Korea (+13.9%), Poland (+9.4%), the Netherlands (+6.4%), the UK (+5.8%), Spain (+5.6%), Japan (+4.2%), Canada (+3.8%), France (+3.4%) and Germany (+3.1%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +27.7% from 2012-2021. Australia experienced a relatively flat trend pattern. By contrast, Russia (-5.0%) illustrated a downward trend over the same period. While the share of the United States (+12 p.p.) and Nigeria (+2 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Russia (-2.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported table, kitchen or household articles and parts of iron worldwide, comprising 28% of global imports. The second position in the ranking was taken by Germany ($X), with a 7.1% share of global imports. It was followed by the UK, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +6.1%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.3% per year) and the UK (+5.8% per year).

Import Prices by Country

In 2021, the average iron household articles import price amounted to $X per ton, surging by 8.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. Global import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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