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

Market Size for Sanitary Ware And Parts Of Iron Or Steel in the Russian Federation

The Russian market for sanitary ware and parts of iron or steel skyrocketed to $X in 2021, surging by 21% 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). In general, consumption continues to indicate a prominent increase. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from the Russian Federation

For the third year in a row, Russia recorded growth in shipments abroad of sanitary ware and parts of iron or steel, which increased by 1.4% to X tons in 2021. In general, exports, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 86%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, iron or steel sanitary ware exports surged to $X in 2021. Over the period under review, exports recorded a perceptible increase. The most prominent rate of growth was recorded in 2017 with an increase of 106% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

Kazakhstan (X tons) was the main destination for iron or steel sanitary ware exports from Russia, accounting for a 47% share of total exports. Moreover, iron or steel sanitary ware exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), threefold. The third position in this ranking was held by Kyrgyzstan (X tons), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-2.5% per year) and Kyrgyzstan (+18.0% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for sanitary ware and parts of iron or steel exports from Russia, comprising 42% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by Belarus, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+37.2% per year) and Belarus (+0.8% per year).

Export Prices by Country

In 2021, the average export price for sanitary ware and parts of iron or steel amounted to $X per ton, increasing by 29% against the previous year. In general, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel sanitary ware export price increased by +22.3% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Kyrgyzstan ($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 Kazakhstan (+6.1%), 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 the Russian Federation

In 2021, iron or steel sanitary ware imports into Russia rose remarkably to X tons, surging by 7.4% compared with 2020 figures. Overall, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +29.7% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 79% against the previous year. As a result, imports reached the peak of X tons. From 2016 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. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2015 when imports increased by 92%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest iron or steel sanitary ware supplier to Russia, with a 49% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+11.4% per year) and Germany (+16.9% per year).

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) constituted the largest iron or steel sanitary ware suppliers to Russia, with a combined 68% share of total imports. Belarus, Turkey, Spain, Portugal, Poland and Kazakhstan lagged somewhat behind, together comprising a further 19%.

Portugal, with a CAGR of +31.4%, recorded the highest rates of growth with regard to the value of imports, among 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, picking up by 16% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel sanitary ware import price increased by +75.4% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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