Greece: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Greece

In 2022, the Greek market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by -56.9% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a noticeable decrease. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Greece

In value terms, production of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china fell rapidly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant expansion. Over the period under review, production of attained the maximum level at $X in 2021, and then plummeted in the following year.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports from Greece

In 2022, approx. X units of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china were exported from Greece; with an increase of 43% on 2021. Over the period under review, total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.7% against 2020 indices. Over the period under review, the exports of attained the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china skyrocketed to $X in 2022. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 61%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X units), Cyprus (X units) and Bulgaria (X units) were the main destinations of exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Greece, together accounting for 74% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +62.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exported from Greece were Italy ($X), Cyprus ($X) and Bulgaria ($X), with a combined 74% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +73.9%, recorded 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 average export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, growing by 10% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china increased by +32.0% against 2020 indices. The growth pace was the most rapid in 2016 when the average export price increased by 28% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($X per unit) and Romania ($X per unit), while the average price for exports to Italy ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports into Greece

In 2022, the amount of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china imported into Greece surged to X units, jumping by 22% against the previous year's figure. In general, imports, however, showed a significant decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 77% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china surged to $X in 2022. Overall, imports, however, saw a sharp reduction. The most prominent rate of growth was recorded in 2014 with an increase of 55%. Over the period under review, imports of reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Greece, with a 79% share of total imports. Moreover, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), sixfold. Germany (X units) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-32.2% per year) and Germany (-22.8% per year).

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Greece, comprising 79% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 13% share of total imports. It was followed by Germany, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-32.9% per year) and Germany (-23.6% per year).

Import Prices by Country

In 2022, the average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china amounted to $X per unit, approximately mirroring the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 64%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($X per unit) and the Czech Republic ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform