EU: Iron Household Articles Market 2024

Iron Household Articles Market Size in the EU

In 2023, the EU iron household articles market decreased by X% to $X, falling for the second consecutive year after three years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Iron Household Articles Production in the EU

In value terms, iron household articles production amounted to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Iron Household Articles Exports

Exports in the EU

In 2023, overseas shipments of table, kitchen or household articles and parts of iron increased by X% to X tons, rising for the fourth year in a row after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, iron household articles exports reached $X in 2023. Total exports indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

In 2023, the Netherlands (X tons), Italy (X tons) and Germany (X tons) was the major exporter of table, kitchen or household articles and parts of iron in the European Union, mixing up X% of total export. The Czech Republic (X tons) held the next position in the ranking, followed by Belgium (X tons), Poland (X tons) and Austria (X tons). All these countries together took near X% share of total exports. France (X tons), Spain (X tons), Slovakia (X tons), Portugal (X tons), Latvia (X tons) and Greece (X tons) held a relatively small share of total exports.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest iron household articles supplying countries in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), together comprising X% of total exports. Belgium, Poland, the Czech Republic, France, Spain, Austria, Slovakia, Portugal, Latvia and Greece lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Iron Household Articles Imports

Imports in the EU

In 2023, after three years of growth, there was significant decline in overseas purchases of table, kitchen or household articles and parts of iron, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2022, and then contracted in the following year.

In value terms, iron household articles imports fell to $X in 2023. Total imports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-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 2016 when imports increased by X%. The level of import peaked at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, Germany (X tons), distantly followed by the Netherlands (X tons), France (X tons), Spain (X tons), Poland (X tons) and Belgium (X tons) represented the major importers of table, kitchen or household articles and parts of iron, together constituting X% of total imports. Italy (X tons), Greece (X tons), Austria (X tons), Romania (X tons), Hungary (X tons), Sweden (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Spain, Poland, Belgium, Italy, Austria, Romania, Greece, the Czech Republic, Sweden and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of 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

In 2023, the import price in the European Union amounted to $X per ton, waning by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform