Greece: Copper Sanitary Ware Market 2025

Copper Sanitary Ware Market Size in Greece

After three years of growth, the Greek copper sanitary ware market decreased by -9.7% to $X in 2021. In general, consumption showed a relatively flat trend pattern. Copper sanitary ware consumption peaked at $X in 2020, and then reduced in the following year.

Copper Sanitary Ware Production in Greece

In value terms, copper sanitary ware production shrank significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 195% against the previous year. Copper sanitary ware production peaked at $X in 2020, and then contracted dramatically in the following year.

Copper Sanitary Ware Exports

Exports from Greece

In 2021, shipments abroad of sanitary ware and parts of copper increased by 69% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 178% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, copper sanitary ware exports expanded modestly to $X in 2021. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 158% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The Czech Republic (X tons), Cyprus (X tons) and Italy (X tons) were the main destinations of copper sanitary ware exports from Greece, with a combined 87% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +187.8%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the key foreign market for sanitary ware and parts of copper exports from Greece, comprising 55% of total exports. The second position in the ranking was held by Cyprus ($X), with an 18% share of total exports. It was followed by Italy, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic amounted to +165.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+26.1% per year) and Italy (-0.4% per year).

Export Prices by Country

In 2021, the average copper sanitary ware export price amounted to $X per ton, declining by -38% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Italy ($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 Cyprus (+1.6%), while the prices for the other major destinations experienced a decline.

Copper Sanitary Ware Imports

Imports into Greece

In 2021, overseas purchases of sanitary ware and parts of copper increased by 42% to X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 87%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, copper sanitary ware imports skyrocketed to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.2% 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 +54.2% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), China (X tons) and Bulgaria (X tons) were the main suppliers of copper sanitary ware imports to Greece, with a combined 62% share of total imports. Poland, Belgium, Germany, Cyprus and the Czech Republic lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +108.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Belgium ($X) appeared to be the largest copper sanitary ware suppliers to Greece, with a combined 69% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +106.8%, recorded the highest rates of growth with regard to 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 average copper sanitary ware import price stood at $X per ton in 2021, picking up by 13% against the previous year. Overall, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2016 an increase of 71% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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