India: Ceramic Sanitary Ware Market 2024

Ceramic Sanitary Ware Market Size in India

In 2022, the Indian ceramic sanitary ware market decreased by -1.9% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. Ceramic sanitary ware consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Ceramic Sanitary Ware Production in India

In value terms, ceramic sanitary ware production surged to $X in 2022 estimated in export price. Over the period under review, production saw a mild decrease. The growth pace was the most rapid in 2018 when the production volume increased by 22%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Ceramic Sanitary Ware Exports

Exports from India

In 2022, after two years of decline, there was growth in overseas shipments of ceramic sinks, baths, water closet pans and similar sanitary fixtures, when their volume increased by 3.6% to X units. In general, exports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2019 with an increase of 40% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ceramic sanitary ware exports fell rapidly to $X in 2022. Over the period under review, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X units), the United States (X units) and Nepal (X units) were the main destinations of ceramic sanitary ware exports from India.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +155.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Nepal ($X) and Saudi Arabia ($X) were the largest markets for ceramic sanitary ware exported from India worldwide.

In terms of the main countries of destination, Japan, with a CAGR of +123.1%, saw 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 ceramic sanitary ware export price stood at $X per unit in 2022, falling by -21.8% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 26%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($X per unit), while the average price for exports to Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-6.3%), while the prices for the other major destinations experienced a decline.

Ceramic Sanitary Ware Imports

Imports into India

In 2022, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures into India dropped markedly to X units, which is down by -54.8% on 2021. In general, imports, however, enjoyed a moderate increase. The pace of growth was the most pronounced in 2021 when imports increased by 320% against the previous year. As a result, imports attained the peak of X units, and then shrank remarkably in the following year.

In value terms, ceramic sanitary ware imports reduced to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 82% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of ceramic sanitary ware to India, with a 112% share of total imports. Moreover, ceramic sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. The third position in this ranking was taken by Italy (X units), with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.6% per year) and Italy (+0.0% per year).

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures to India, comprising 117% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.3% share of total imports. It was followed by Italy, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+13.6% per year) and Italy (+3.9% per year).

Import Prices by Country

The average ceramic sanitary ware import price stood at $X per unit in 2022, picking up by 110% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price 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, ceramic sanitary ware import price decreased by -9.3% against 2020 indices. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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