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

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

The Belgian market for sanitary ware and parts of iron or steel was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a noticeable curtailment. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

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

In value terms, iron or steel sanitary ware production expanded modestly to $X in 2021 estimated in export price. Overall, production showed a slight decline. The pace of growth was the most pronounced in 2018 with an increase of 335%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Belgium

In 2021, exports of sanitary ware and parts of iron or steel from Belgium expanded rapidly to X tons, increasing by 7.3% against 2020. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 172%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, iron or steel sanitary ware exports rose rapidly to $X in 2021. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 128%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of iron or steel sanitary ware exports from Belgium, with a combined 64% share of total exports. These countries were followed by Italy, Spain, Poland, Portugal and Luxembourg, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +50.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the largest markets for iron or steel sanitary ware exported from Belgium worldwide, together comprising 63% of total exports. These countries were followed by Spain, Italy, Poland, Portugal and Luxembourg, which together accounted for a further 22%.

Among the main countries of destination, Italy, with a CAGR of +49.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for sanitary ware and parts of iron or steel amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel sanitary ware export price decreased by -23.6% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 31%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.8%), 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 Belgium

In 2021, approx. X tons of sanitary ware and parts of iron or steel were imported into Belgium; with an increase of 18% against the year before. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, iron or steel sanitary ware imports surged to $X in 2021. In general, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 57%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of iron or steel sanitary ware imports to Belgium, with a combined 85% share of total imports. Portugal, the UK, France and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 9.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +82.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Netherlands ($X) and Germany ($X) constituted the largest iron or steel sanitary ware suppliers to Belgium, with a combined 80% share of total imports. The UK, France, Portugal and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 13%.

In terms of the main suppliers, Portugal, with a CAGR of +88.8%, saw the highest rates of growth with regard to 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 2021, the average import price for sanitary ware and parts of iron or steel amounted to $X per ton, with an increase of 10% against the previous year. In general, the import price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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