The forecast data for the import of iron or steel tableware and kitchenware to Australia from 2024-2028 reveals a consistent upward trend. The values increase from 246.94 million USD in 2024 to 267.82 million USD in 2028. In 2023, the value stood at 241.87 million USD. Between 2023 and 2024, there is a 2.1% increase. The year-on-year variations from 2024 to 2028 are 2.2%, 2.1%, 2.0%, and 1.9%, respectively. The average annual growth rate (CAGR) over the five-year period is 2.1%.
Future trends to watch for include potential shifts in trade policies, fluctuations in global steel prices, and evolving consumer preferences towards sustainable and eco-friendly products, which may impact the demand and import values in the coming years.