Czech Republic: Stainless Steel Sink Market 2025

Stainless Steel Sink Market Size in the Czech Republic

In 2021, the Czech stainless steel sink market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a noticeable 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. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Stainless Steel Sink Production in the Czech Republic

In value terms, stainless steel sink production reached $X in 2021 estimated in export price. Overall, production posted a modest increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 110% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Stainless Steel Sink Exports

Exports from the Czech Republic

In 2021, exports of stainless steel sinks and wash basins from the Czech Republic soared to X units, jumping by 18% compared with the previous year. In general, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2017 when exports increased by 37%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, stainless steel sink exports soared to $X in 2021. Over the period under review, exports showed a modest expansion. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units), Slovakia (X units) and Sweden (X units) were the main destinations of stainless steel sink exports from the Czech Republic, together accounting for 70% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +24.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stainless steel sink exported from the Czech Republic were Germany ($X), Slovakia ($X) and Sweden ($X), together comprising 67% of total exports.

Among the main countries of destination, Germany, with a CAGR of +26.4%, 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 stainless steel sink export price amounted to $X per unit, picking up by 7.7% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, stainless steel sink export price increased by +16.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 79%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Sweden ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Sink Imports

Imports into the Czech Republic

In 2021, after two years of decline, there was significant growth in purchases abroad of stainless steel sinks and wash basins, when their volume increased by 22% to X units. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 38% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, stainless steel sink imports skyrocketed to $X in 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest stainless steel sink supplier to the Czech Republic, with a 29% share of total imports. Moreover, stainless steel sink imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by Greece (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.9% per year) and Greece (-0.1% per year).

In value terms, the largest stainless steel sink suppliers to the Czech Republic were Germany ($X), Sweden ($X) and Italy ($X), with a combined 56% share of total imports.

Among the main suppliers, Sweden, with a CAGR of +20.7%, saw the highest growth rate of 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 stainless steel sink import price amounted to $X per unit, surging by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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