Australia: Market for Sanitary Ware And Parts Of Iron Or Steel 2025

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Australia

In 2021, the Australian market for sanitary ware and parts of iron or steel decreased by -0.3% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, continues to indicate a relatively flat trend pattern. Iron or steel sanitary ware consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Sanitary Ware And Parts Of Iron Or Steel in Australia

In value terms, iron or steel sanitary ware production shrank to $X in 2021 estimated in export price. Overall, production, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 138% against the previous year. Iron or steel sanitary ware production peaked at $X in 2020, and then reduced slightly in the following year.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Australia

In 2021, the amount of sanitary ware and parts of iron or steel exported from Australia expanded notably to X tons, increasing by 10% against 2020. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 53% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron or steel sanitary ware exports expanded notably to $X in 2021. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 59% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

New Zealand (X tons) was the main destination for iron or steel sanitary ware exports from Australia, accounting for a 55% share of total exports. Moreover, iron or steel sanitary ware exports to New Zealand exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was held by Papua New Guinea (X tons), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.7% per year) and Papua New Guinea (-12.5% per year).

In value terms, New Zealand ($X) remains the key foreign market for sanitary ware and parts of iron or steel exports from Australia, comprising 55% of total exports. The second position in the ranking was held by the United States ($X), with an 11% share of total exports. It was followed by Papua New Guinea, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand totaled +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.8% per year) and Papua New Guinea (-8.3% per year).

Export Prices by Country

The average export price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, surging by 4.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 37%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were Thailand ($X per ton) and the UK ($X per ton), while the average price for exports to Israel ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Australia

In 2021, after four years of decline, there was significant growth in purchases abroad of sanitary ware and parts of iron or steel, when their volume increased by 6.8% to X tons. Overall, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 23%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, iron or steel sanitary ware imports surged to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.0% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of iron or steel sanitary ware to Australia, accounting for a 74% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.7% per year) and Italy (+5.5% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Australia, comprising 75% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.4% share of total imports. It was followed by Italy, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.1% per year) and Italy (+11.8% per year).

Import Prices by Country

In 2021, the average import price for sanitary ware and parts of iron or steel amounted to $X per ton, picking up by 13% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per ton) and Germany ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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