Eastern Europe: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in Eastern Europe

The East European copper sanitary ware market totaled $X in 2021, rising by 12% against the previous year. The total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +83.7% against 2017 indices. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

Copper Sanitary Ware Production in Eastern Europe

In value terms, copper sanitary ware production reduced modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 119% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

Copper Sanitary Ware Exports

Exports in Eastern Europe

In 2021, approx. X tons of sanitary ware and parts of copper were exported in Eastern Europe; increasing by 12% against 2020 figures. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 22%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, copper sanitary ware exports expanded notably to $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.6% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The Czech Republic (X tons) and Poland (X tons) represented the main exporters of sanitary ware and parts of copper in 2021, recording near 31% and 26% of total exports, respectively. Lithuania (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (8.3%) and Romania (7.5%). The following exporters - Bulgaria (X tons) and Russia (X tons) - each reached an 8.7% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Romania (with a CAGR of +40.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest copper sanitary ware supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Lithuania ($X), together accounting for 76% of total exports. These countries were followed by Bulgaria, Romania, Russia and Belarus, which together accounted for a further 15%.

Among the main exporting countries, Bulgaria, with a CAGR of +39.9%, saw 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

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2019 when the export price increased by 15% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Lithuania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+17.0%), while the other leaders experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports in Eastern Europe

In 2021, supplies from abroad of sanitary ware and parts of copper increased by 22% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 34%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, copper sanitary ware imports soared to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.9% 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 +105.0% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons) and Russia (X tons) represented roughly 48% of total imports in 2021. The Czech Republic (X tons) held the next position in the ranking, followed by Romania (X tons), Bulgaria (X tons) and Slovakia (X tons). All these countries together held approx. 39% share of total imports. Ukraine (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +17.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, together comprising 66% of total imports. These countries were followed by Romania, Bulgaria, Slovakia and Ukraine, which together accounted for a further 23%.

Bulgaria, with a CAGR of +21.6%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, growing by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+13.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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