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

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

In 2021, after three years of growth, there was significant decline in the EU market for sanitary ware and parts of iron or steel, when its value decreased by -13% to $X. The market value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then dropped in the following year.

Production of Sanitary Ware And Parts Of Iron Or Steel in the EU

In value terms, iron or steel sanitary ware production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 29% against the previous year. Over the period under review, production attained the maximum level in 2021 and is likely to see steady growth in years to come.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports in the EU

Iron or steel sanitary ware exports amounted to X tons in 2021, increasing by 8.4% against 2020. The total export volume increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 12%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, iron or steel sanitary ware exports expanded sharply to $X in 2021. The total export value increased at an average annual rate of +4.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), Poland (X tons), Italy (X tons), Spain (X tons), the Czech Republic (X tons), Belgium (X tons) and Denmark (X tons) were the largest exporters of sanitary ware and parts of iron or steel, together making up 81% of total exports.

From 2012 to 2021, average annual rates of growth with regard to iron or steel sanitary ware exports from Germany stood at +1.1%. At the same time, the Czech Republic (+14.5%), Belgium (+12.7%), Denmark (+11.5%), the Netherlands (+9.3%) and Italy (+2.4%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +14.5% from 2012-2021. By contrast, Poland (-3.2%) and Spain (-8.0%) illustrated a downward trend over the same period. While the share of the Netherlands (+5.7 p.p.), the Czech Republic (+3.9 p.p.), Belgium (+3.2 p.p.) and Denmark (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Germany (-2.3 p.p.), Poland (-6.1 p.p.) and Spain (-9.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest iron or steel sanitary ware supplier in the European Union, comprising 33% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 10% share of total exports. It was followed by the Netherlands, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value in Germany totaled +3.0%. In the other countries, the average annual rates were as follows: the Czech Republic (+22.9% per year) and the Netherlands (+4.8% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, picking up by 3.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 when the export price increased by 11%. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.7%), while the other leaders experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports in the EU

For the sixth year in a row, the European Union recorded growth in supplies from abroad of sanitary ware and parts of iron or steel, which increased by 13% to X tons in 2021. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel sanitary ware imports skyrocketed to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% 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 +73.6% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of iron or steel sanitary ware imports in 2021 were Germany (X tons), the Netherlands (X tons) and France (X tons), together resulting at 47% of total import. Belgium (X tons) ranks next in terms of the total imports with a 6.2% share, followed by Italy (5.6%), Spain (5.4%), the Czech Republic (5.3%) and Poland (5.1%). Austria (X tons), Bulgaria (X tons), Sweden (X tons), Denmark (X tons) and Romania (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of +17.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 44% share of total imports. These countries were followed by the Czech Republic, Austria, Belgium, Italy, Spain, Poland, Sweden, Denmark, Bulgaria and Romania, which together accounted for a further 44%.

Bulgaria, with a CAGR of +17.4%, recorded the highest growth rate of the value of imports, in terms of 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 the European Union stood at $X per ton in 2021, with an increase of 4.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2018 when the import price increased by 5.9% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Austria ($X per ton), while Bulgaria ($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

Frequently Asked Questions (FAQ) :