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

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

In 2021, after five years of growth, there was significant decline in the Swedish market for sanitary ware and parts of iron or steel, when its value decreased by -20.8% to $X. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell sharply in the following year.

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

In value terms, iron or steel sanitary ware production fell remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, production attained the peak level of $X, and then declined markedly in the following year.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Sweden

In 2021, approx. X tons of sanitary ware and parts of iron or steel were exported from Sweden; surging by 12% against 2020 figures. Over the period under review, exports recorded buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 62%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, iron or steel sanitary ware exports skyrocketed to $X in 2021. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 60%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Denmark (X tons) was the main destination for iron or steel sanitary ware exports from Sweden, accounting for a 39% share of total exports. Moreover, iron or steel sanitary ware exports to Denmark exceeded the volume sent to the second major destination, Norway (X tons), twofold. Finland (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Denmark totaled +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-0.8% per year) and Finland (+7.4% per year).

In value terms, Denmark ($X) remains the key foreign market for sanitary ware and parts of iron or steel exports from Sweden, comprising 41% of total exports. The second position in the ranking was taken by Norway ($X), with a 16% share of total exports. It was followed by Finland, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Denmark stood at +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+2.1% per year) and Finland (+9.2% 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, surging by 8.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 14% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to the UK ($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 Canada (+10.7%), 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 Sweden

In 2021, imports of sanitary ware and parts of iron or steel into Sweden contracted slightly to X tons, falling by -3.9% compared with the year before. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 46% against the previous year. Imports peaked at X tons in 2012; afterwards, it flattened through to 2021.

In value terms, iron or steel sanitary ware imports expanded rapidly to $X in 2021. Overall, total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.0% 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 +110.6% against 2016 indices. The growth pace was the most rapid in 2020 when imports increased by 55% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Lithuania (X tons) and Germany (X tons) were the main suppliers of iron or steel sanitary ware imports to Sweden, together comprising 56% of total imports. These countries were followed by Denmark, Spain, the Czech Republic, Norway, India, Finland, Italy, the Netherlands, Slovakia and the UK, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +146.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), China ($X) and Denmark ($X) appeared to be the largest iron or steel sanitary ware suppliers to Sweden, together accounting for 56% of total imports. Germany, Spain, the Czech Republic, Norway, Finland, Italy, Slovakia, the Netherlands, the UK and India lagged somewhat behind, together comprising a further 37%.

Among the main suppliers, the Czech Republic, with a CAGR of +156.3%, saw the highest growth rate of the value of imports, 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, increasing by 9.7% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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