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

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

The Romanian market for sanitary ware and parts of iron or steel skyrocketed to $X in 2021, increasing by 20% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

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

In value terms, iron or steel sanitary ware production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a slight reduction. The pace of growth was the most pronounced in 2017 with an increase of 30%. Iron or steel sanitary ware production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Romania

In 2021, approx. X tons of sanitary ware and parts of iron or steel were exported from Romania; dropping by -56.3% on the year before. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 115% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then declined notably in the following year.

In value terms, iron or steel sanitary ware exports plummeted to $X in 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 153% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then contracted sharply in the following year.

Exports by Country

France (X tons) was the main destination for iron or steel sanitary ware exports from Romania, with a 36% share of total exports. Moreover, iron or steel sanitary ware exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Moldova (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +143.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+40.5% per year) and Moldova (+21.3% per year).

In value terms, France ($X) remains the key foreign market for sanitary ware and parts of iron or steel exports from Romania, comprising 55% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by Italy, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +181.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+30.2% per year) and Italy (+42.3% 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, jumping by 50% against the previous year. In general, the export price showed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Hungary ($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 the Netherlands (+33.5%), 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 Romania

For the eighth year in a row, Romania recorded growth in overseas purchases of sanitary ware and parts of iron or steel, which increased by 1.7% to X tons in 2021. Overall, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 23% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, iron or steel sanitary ware imports rose sharply to $X in 2021. Over the period under review, imports enjoyed a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 27%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of iron or steel sanitary ware imports to Romania, together accounting for 45% of total imports. These countries were followed by Bulgaria, Turkey, Italy and Portugal, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +36.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Poland ($X) were the largest iron or steel sanitary ware suppliers to Romania, with a combined 52% share of total imports. Italy, Bulgaria, Turkey and Portugal lagged somewhat behind, together accounting for a further 27%.

Portugal, with a CAGR of +30.7%, saw the highest rates of growth with regard to 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

The average import price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, increasing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.9%. The most prominent rate of growth was recorded in 2013 an increase of 28%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain 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 ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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