Germany: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in Germany

The German copper sanitary ware market rose remarkably to $X in 2021, picking up by 13% against the previous year. The market value 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 in certain years. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Copper Sanitary Ware Production in Germany

In value terms, copper sanitary ware production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of 18%. Over the period under review, production attained the maximum level in 2021 and is likely to continue growth in the immediate term.

Copper Sanitary Ware Exports

Exports from Germany

In 2021, shipments abroad of sanitary ware and parts of copper increased by 13% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 17%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, copper sanitary ware exports surged to $X in 2021. The total export value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Austria (X tons) and the United Arab Emirates (X tons) were the main destinations of copper sanitary ware exports from Germany, together comprising 37% of total exports. These countries were followed by China, Switzerland, the UK, the United States, Poland, the Netherlands, Portugal, Russia, Belgium and Turkey, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +18.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Austria ($X) were the largest markets for copper sanitary ware exported from Germany worldwide, together accounting for 35% of total exports. These countries were followed by China, Switzerland, the UK, the Netherlands, Poland, Belgium, Russia, the United Arab Emirates, Portugal and Turkey, which together accounted for a further 37%.

Portugal, with a CAGR of +22.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average copper sanitary ware export price stood at $X per ton in 2021, growing by 5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 12% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports into Germany

In 2021, imports of sanitary ware and parts of copper into Germany expanded notably to X tons, with an increase of 10% on the previous year's figure. The total import volume increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by 11% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, copper sanitary ware imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.7% 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.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of copper sanitary ware to Germany, accounting for a 70% share of total imports. Moreover, copper sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was held by France (X tons), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.9% per year) and France (+12.8% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of copper to Germany, comprising 60% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.4% per year) and France (+13.5% per year).

Import Prices by Country

The average copper sanitary ware import price stood at $X per ton in 2021, growing by 11% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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