Ukraine: Market for Sanitary Ware And Parts Of Iron Or Steel 2024

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

The Ukrainian market for sanitary ware and parts of iron or steel totaled $X in 2021, increasing by 7.5% against the previous year. Overall, consumption saw a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, iron or steel sanitary ware production expanded to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by 127% against the previous year. Iron or steel sanitary ware production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Ukraine

Iron or steel sanitary ware exports from Ukraine skyrocketed to X tons in 2021, increasing by 27% against the previous year's figure. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 165% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, iron or steel sanitary ware exports surged to $X in 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 210% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Denmark (X tons) was the main destination for iron or steel sanitary ware exports from Ukraine, with a 66% share of total exports. Moreover, iron or steel sanitary ware exports to Denmark exceeded the volume sent to the second major destination, Poland (X tons), fivefold. The third position in this ranking was held by the Czech Republic (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Denmark stood at +114.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+29.9% per year) and the Czech Republic (+138.5% per year).

In value terms, Denmark ($X) remains the key foreign market for sanitary ware and parts of iron or steel exports from Ukraine, comprising 68% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 13% share of total exports. It was followed by Poland, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Denmark stood at +145.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+163.5% per year) and Poland (+29.2% 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, increasing by 19% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 an increase of 90%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Belarus ($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 Denmark (+14.5%), 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 Ukraine

Iron or steel sanitary ware imports into Ukraine dropped to X tons in 2021, which is down by -10.2% against 2020. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2016 when imports increased by 35% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, iron or steel sanitary ware imports soared to $X in 2021. Overall, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of 42%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest iron or steel sanitary ware supplier to Ukraine, with a 57% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-20.7% per year) and the Czech Republic (+5.9% per year).

In value terms, the largest iron or steel sanitary ware suppliers to Ukraine were China ($X), Germany ($X) and Poland ($X), together comprising 74% of total imports. The Czech Republic, Italy, Portugal and Turkey lagged somewhat behind, together accounting for a further 19%.

Portugal, with a CAGR of +74.4%, recorded the highest growth rate of 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

The average import price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, picking up by 29% against the previous year. Overall, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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 Germany (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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