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

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

The East European market for sanitary ware and parts of iron or steel expanded to $X in 2021, growing by 2.3% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Production of Sanitary Ware And Parts Of Iron Or Steel in Eastern Europe

In value terms, iron or steel sanitary ware production expanded rapidly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 14% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports in Eastern Europe

Iron or steel sanitary ware exports rose markedly to X tons in 2021, picking up by 12% on the previous year's figure. Total exports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.1% 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 +59.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, iron or steel sanitary ware exports soared to $X in 2021. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 31%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Poland was the largest exporter of sanitary ware and parts of iron or steel in Eastern Europe, with the volume of exports reaching X tons, which was near 39% of total exports in 2021. The Czech Republic (X tons) took a 24% share (based on physical terms) of total exports, which put it in second place, followed by Bulgaria (11%), Belarus (8.9%), Russia (6.3%) and Lithuania (4.8%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lithuania (with a CAGR of +18.5%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Lithuania ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 82% share of total exports.

Lithuania, with a CAGR of +24.3%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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, increasing by 4.6% against the previous year. In general, the export price posted a prominent increase. The growth pace was the most rapid in 2016 an increase of 35%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.3%), while the other leaders experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports in Eastern Europe

For the fifth year in a row, Eastern Europe recorded growth in overseas purchases of sanitary ware and parts of iron or steel, which increased by 5.9% to X tons in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.1% 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 +24.4% against 2015 indices. The growth pace was the most rapid in 2015 with an increase of 33% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, iron or steel sanitary ware imports soared to $X in 2021. In general, imports showed buoyant growth. The pace of growth was the most pronounced in 2015 when imports increased by 27%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Russia (X tons), distantly followed by the Czech Republic (X tons), Poland (X tons), Bulgaria (X tons), Romania (X tons), Ukraine (X tons) and Hungary (X tons) represented the key importers of sanitary ware and parts of iron or steel, together mixing up 86% of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +17.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel sanitary ware importing markets in Eastern Europe were the Czech Republic ($X), Russia ($X) and Poland ($X), with a combined 64% share of total imports. Bulgaria, Romania, Hungary and Ukraine lagged somewhat behind, together accounting for a further 21%.

Among the main importing countries, Bulgaria, with a CAGR of +17.4%, 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

The import price in Eastern Europe stood at $X per ton in 2021, increasing by 9.4% against the previous year. Import price indicated strong growth from 2012 to 2021: its price 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, iron or steel sanitary ware import price increased by +67.0% against 2012 indices. The pace of growth was the most pronounced in 2013 when the import price increased by 9.9% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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