France: Stainless Steel Sink Market 2025

Stainless Steel Sink Market Size in France

The French stainless steel sink market skyrocketed to $X in 2021, increasing by 28% against the previous year. Overall, consumption, however, saw a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Stainless Steel Sink Production in France

In value terms, stainless steel sink production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +36.3% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of 32% against the previous year. Stainless steel sink production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Stainless Steel Sink Exports

Exports from France

In 2021, the amount of stainless steel sinks and wash basins exported from France soared to X units, picking up by 72% on the previous year's figure. In general, total exports indicated a resilient expansion from 2012 to 2021: its volume 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, exports increased by +81.7% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel sink exports surged to $X in 2021. Overall, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X units), Germany (X units) and the United Arab Emirates (X units) were the main destinations of stainless steel sink exports from France, together comprising 78% of total exports. These countries were followed by Gabon, French Polynesia and the Netherlands, which together accounted for a further 5.3%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Gabon (with a CAGR of +24.4%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) emerged as the key foreign market for stainless steel sink exports from France, comprising 53% of total exports. The second position in the ranking was held by Germany ($X), with a 17% share of total exports. It was followed by the United Arab Emirates, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.5% per year) and the United Arab Emirates (-0.3% per year).

Export Prices by Country

In 2021, the average stainless steel sink export price amounted to $X per unit, rising by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belgium ($X per unit), while the average price for exports to Germany ($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 Gabon (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Stainless Steel Sink Imports

Imports into France

In 2021, the amount of stainless steel sinks and wash basins imported into France surged to X units, with an increase of 31% on 2020. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, stainless steel sink imports soared to $X in 2021. In general, imports, however, saw a slight setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Greece (X units), Germany (X units) and Poland (X units) were the main suppliers of stainless steel sink imports to France, together comprising 50% of total imports. These countries were followed by China, Italy, Turkey, Portugal, Spain, Slovenia and Egypt, which together accounted for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +38.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel sink suppliers to France were Germany ($X), Italy ($X) and Greece ($X), together accounting for 53% of total imports. These countries were followed by China, Poland, Portugal, Spain, Turkey, Slovenia and Egypt, which together accounted for a further 40%.

Turkey, with a CAGR of +32.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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, growing by 3.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 9.2% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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