Ireland: Market for Sanitary Ware And Parts Of Iron Or Steel 2025

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Ireland

The Irish market for sanitary ware and parts of iron or steel soared to $X in 2021, jumping by 254% against the previous year. Overall, consumption recorded prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Sanitary Ware And Parts Of Iron Or Steel in Ireland

In value terms, iron or steel sanitary ware production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 37% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then fell in the following year.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Ireland

In 2021, shipments abroad of sanitary ware and parts of iron or steel decreased by -64% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 137% against the previous year. As a result, the exports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, iron or steel sanitary ware exports dropped notably to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 162% against the previous year. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

Germany (X tons) was the main destination for iron or steel sanitary ware exports from Ireland, with a 58% share of total exports. Moreover, iron or steel sanitary ware exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), threefold. Canada (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+32.1% per year) and Canada (+20.6% per year).

In value terms, Germany ($X) remains the key foreign market for sanitary ware and parts of iron or steel exports from Ireland, comprising 63% of total exports. The second position in the ranking was taken by the UK ($X), with a 16% share of total exports. It was followed by Canada, with a 4% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+36.4% per year) and Canada (+22.0% per year).

Export Prices by Country

The average export price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price continues to indicate a mild decrease. The growth pace was the most rapid in 2017 an increase of 17% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to Canada ($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 Sweden (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Ireland

Iron or steel sanitary ware imports into Ireland reached X tons in 2021, approximately equating the previous year's figure. Overall, imports saw a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 105% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, iron or steel sanitary ware imports soared to $X in 2021. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 67%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the UK (X tons) and Turkey (X tons) were the main suppliers of iron or steel sanitary ware imports to Ireland, with a combined 85% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +48.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel sanitary ware suppliers to Ireland were China ($X), the UK ($X) and Turkey ($X), together accounting for 77% of total imports.

Turkey, with a CAGR of +37.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for sanitary ware and parts of iron or steel amounted to $X per ton, rising by 59% against the previous year. In general, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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