Iran: Copper Sanitary Ware Market 2025

Copper Sanitary Ware Market Size in Iran

The Iranian copper sanitary ware market dropped remarkably to $X in 2021, which is down by -26.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed noticeable growth. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Copper Sanitary Ware Exports

Exports from Iran

In 2021, overseas shipments of sanitary ware and parts of copper increased by 48% to X kg, rising for the second consecutive year after three years of decline. Overall, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by 620% against the previous year. As a result, the exports attained the peak of X kg. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, copper sanitary ware exports surged to $X in 2021. In general, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 379%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Bahrain (X kg), the UK (X kg) and Germany (X kg) were the main destinations of copper sanitary ware exports from Iran, together accounting for 100% 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 UK (with a CAGR of +40.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for sanitary ware and parts of copper exports from Iran, comprising 76% of total exports. The second position in the ranking was held by Bahrain ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +60.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+18.1% per year) and Germany (-10.3% per year).

Export Prices by Country

In 2021, the average copper sanitary ware export price amounted to $X per ton, surging by 58% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2018 an increase of 98%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Bahrain ($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 Iraq (+61.9%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports into Iran

In 2021, approx. X tons of sanitary ware and parts of copper were imported into Iran; waning by -13% compared with 2020. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 440% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, copper sanitary ware imports contracted remarkably to $X in 2021. Over the period under review, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2013 with an increase of 361%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest copper sanitary ware supplier to Iran, accounting for a 82% share of total imports. Moreover, copper sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), tenfold. India (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+64.6% per year) and India (+21.3% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of copper to Iran, comprising 66% of total imports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+66.5% per year) and the United Arab Emirates (-17.6% per year).

Import Prices by Country

The average copper sanitary ware import price stood at $X per ton in 2021, declining by -27.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2014 when the average import price increased by 61%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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