
World - Stainless Steel Sinks And Wash Basins - Market Analysis, Forecast, Size, Trends And Insights
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Stainless steel sink market: download the most recent statistics empowered by an Ai-driven market intelligence tool. Data include production, imports, exports, consumption, market size, companies, market prices, and trade. There is a split by country, including Latin America, Russia, the U.K., EU, China, the U.S., Africa, and the Middle East. Market insights and forecast to 2030 are also provided in the snapshots.
Stainless Steel Sink - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Brazil |
4 | Turkey |
5 | Mexico |
In value terms, China, the United States and Brazil were the countries with the highest levels of market value in 2021, together comprising 47% of the global market. These countries were followed by Turkey, Mexico, the UK, India, Germany, Malaysia, Indonesia, Pakistan and Japan, which together accounted for a further 14%.
Turkey recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while stainless steel sink market for the other global leaders experienced more modest paces of growth.
Stainless Steel Sink Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per unit | ||||
Turkey | 6.7 | 6.7 | 6.7 | -0.1% |
Malaysia | 8.6 | 5.7 | 6.7 | -12.0% |
Greece | 7.3 | 7.1 | 7.2 | -0.6% |
China | 7.2 | 7.7 | 7.5 | 1.9% |
Vietnam | 12 | 9.5 | 10 | -8.4% |
Mexico | 8.9 | 11 | 10 | 6.3% |
Italy | 14 | 14 | 14 | 0.2% |
Germany | 17 | 17 | 17 | 0.6% |
Average | 8.4 | 8.7 | 8.6 | 0.8% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($17 per unit), while Turkey ($6.7 per unit) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per unit | ||||
United Kingdom | 10 | 11 | 11 | 1.2% |
Australia | 9.4 | 11 | 10 | 3.2% |
United States | 9.4 | 9.8 | 9.6 | 1.1% |
France | 9.6 | 9.5 | 9.6 | -0.3% |
Canada | 7.7 | 8.9 | 8.3 | 3.7% |
Germany | 7.8 | 7.6 | 7.7 | -0.6% |
Netherlands | 7.6 | 7.5 | 7.5 | -0.7% |
Thailand | 6.5 | 6.5 | 6.5 | -0.2% |
Philippines | 4.6 | 6.7 | 5.6 | 10.8% |
Russia | 5 | 4.7 | 4.8 | -1.3% |
India | 4.1 | 4.3 | 4.2 | 0.8% |
Indonesia | 3.9 | 4.1 | 4 | 0.9% |
Malaysia | 2.3 | 2.2 | 2.3 | -1.8% |
Average | 7 | 7.2 | 7.1 | 0.8% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the UK ($11 per unit), while Malaysia ($2.3 per unit) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced more modest paces of growth.
Stainless Steel Sink - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
United States | 0.3 | 0.3 | 0.3 | 3.5% |
Germany | 0.06 | 0.06 | 0.06 | 0.0% |
United Kingdom | 0.06 | 0.05 | 0.05 | -5.3% |
Australia | 0.04 | 0.05 | 0.05 | 1.4% |
Canada | 0.04 | 0.04 | 0.04 | 1.5% |
In value terms, the United States ($304M) constitutes the largest market for imported stainless steel sinks and wash basins worldwide, comprising 24% of global imports. The second position in the ranking was occupied by Germany ($64M), with a 5.2% share of global imports. It was followed by the UK, with a 4.4% share.
From 2019 to 2021, the average annual rate of growth in terms of value in the United States stood at +3.5%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-0.0% per year) and the UK (-5.3% per year).
Stainless Steel Sink - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
China | 0.8 | 1 | 0.9 | 4.7% |
Germany | 0.1 | 0.1 | 0.1 | -2.1% |
Italy | 0.06 | 0.05 | 0.06 | -3.3% |
Mexico | 0.05 | 0.06 | 0.05 | 4.1% |
Turkey | 0.05 | 0.05 | 0.05 | -1.3% |
In value terms, China ($875M) remains the largest stainless steel sink supplier worldwide, comprising 57% of global exports. The second position in the ranking was occupied by Germany ($108M), with a 7% share of global exports. It was followed by Italy, with a 3.7% share.
In China, stainless steel sink exports expanded at an average annual rate of +4.7% over the period from 2019-2021. In the other countries, the average annual rates were as follows: Germany (-2.1% per year) and Italy (-3.3% per year).
Stainless Steel Sink - Market Forecast
Depressed by shrinking demand for stainless steel sink worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.
Stainless Steel Sink - Product Coverage
- HS 732410 - Steel; sinks and wash basins, of stainless steel
This report provides an in-depth analysis of the global stainless steel sink market. 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 25991110 - Stainless steel sinks and wash basins
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption, by Country, 2022–2024
- Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Consumption, by Country, 2024
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, by Country, 2024
- Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
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