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

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

The Benelux market for sanitary ware and parts of iron or steel reached $X in 2021, rising by 8.1% against the previous year. Over the period under review, consumption recorded a mild slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, iron or steel sanitary ware production soared to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 554% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports in Benelux

In 2021, shipments abroad of sanitary ware and parts of iron or steel increased by 28% to X tons, rising for the fifth consecutive year after two years of decline. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, iron or steel sanitary ware exports surged to $X in 2021. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Exports by Country

The Netherlands was the major exporting country with an export of about X tons, which recorded 69% of total exports. It was distantly followed by Belgium (X tons), generating a 31% share of total exports.

Exports from the Netherlands increased at an average annual rate of +9.3% from 2012 to 2021. At the same time, Belgium (+12.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +12.7% from 2012-2021. From 2012 to 2021, the share of Belgium increased by +6.6 percentage points.

In value terms, the largest iron or steel sanitary ware supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of +14.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, which is down by -5% against the previous year. Overall, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of 21%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%).

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports in Benelux

In 2021, iron or steel sanitary ware imports in Benelux expanded remarkably to X tons, surging by 13% against 2020 figures. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% 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 +88.0% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, iron or steel sanitary ware imports surged to $X in 2021. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) was the key importer of sanitary ware and parts of iron or steel, creating 71% of total imports. It was distantly followed by Belgium (X tons), achieving a 28% share of total imports.

The Netherlands was also the fastest-growing in terms of the sanitary ware and parts of iron or steel imports, with a CAGR of +6.0% from 2012 to 2021. At the same time, Belgium (+5.5%) displayed positive paces of growth. While the share of the Netherlands (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported sanitary ware and parts of iron or steel in Benelux, comprising 72% of total imports. The second position in the ranking was taken by Belgium ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +8.5%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, picking up by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2015 an increase of 17%. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.3%).

Source: IndexBox Platform