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China - Sanitary Ware And Parts Of Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Sanitary Ware Price in China - 2023
Contents:
- Copper Sanitary Ware Price in China (FOB) - 2023
- Copper Sanitary Ware Price in China (CIF) - 2022
- Copper Sanitary Ware Exports in China
- Copper Sanitary Ware Imports in China
Copper Sanitary Ware Price in China (FOB) - 2023
In June 2023, the average copper sanitary ware export price amounted to $15,349 per ton, dropping by -2.5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 29% m-o-m. As a result, the export price attained the peak level of $20,492 per ton. From March 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($19,157 per ton), while the average price for exports to Russia ($8,556 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.3%), while the prices for the other major destinations experienced a decline.
Copper Sanitary Ware Price in China (CIF) - 2022
The average copper sanitary ware import price stood at $58,451 per ton in 2022, rising by 8.8% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper sanitary ware import price increased by +73.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($66,702 per ton), while the price for Vietnam ($17,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Sanitary Ware Exports in China
For the fourth year in a row, China recorded growth in shipments abroad of sanitary ware and parts of copper, which increased by 6.7% to 29K tons in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, copper sanitary ware exports rose significantly to $509M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Copper Sanitary Ware in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 65.4 | 67.8 | 95.5 | 129 | 25.4% |
Australia | 23.1 | 27.4 | 36.2 | 46.7 | 26.4% |
Germany | 18.4 | 22.5 | 33.5 | 39.0 | 28.5% |
United Kingdom | 19.3 | 21.2 | 32.2 | 31.1 | 17.2% |
Italy | 15.4 | 15.6 | 25.3 | 30.0 | 24.9% |
Canada | 9.8 | 9.4 | 15.1 | 19.0 | 24.7% |
Netherlands | 6.0 | 8.5 | 14.6 | 12.8 | 28.7% |
India | 5.9 | 4.3 | 9.9 | 12.7 | 29.1% |
Indonesia | 3.9 | 7.8 | 17.5 | 11.7 | 44.2% |
Spain | 8.4 | 7.4 | 9.9 | 11.0 | 9.4% |
Vietnam | 4.1 | 4.9 | 5.4 | 10.1 | 35.1% |
Russia | 3.4 | 5.5 | 7.0 | 9.0 | 38.3% |
Thailand | 5.1 | 6.6 | 6.8 | 8.8 | 19.9% |
Others | 76.3 | 82.0 | 135 | 138 | 21.8% |
Total | 264 | 291 | 444 | 509 | 24.5% |
Top Export Markets for Copper Sanitary Ware from China in 2022:
- United States (7.5K tons)
- Australia (2.3K tons)
- Germany (2.2K tons)
- United Kingdom (1.8K tons)
- Italy (1.7K tons)
- Canada (1.2K tons)
- India (0.9K tons)
- Indonesia (0.7K tons)
- Netherlands (0.7K tons)
- Vietnam (0.6K tons)
- Thailand (0.6K tons)
- Spain (0.6K tons)
- Russia (0.5K tons)
Copper Sanitary Ware Imports in China
In 2022, the amount of sanitary ware and parts of copper imported into China reduced dramatically to 358 tons, with a decrease of -17.8% compared with the previous year. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 8.7% against the previous year.
In value terms, copper sanitary ware imports reduced to $21M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $23M, and then contracted in the following year.
Import of Copper Sanitary Ware in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.3 | 4.7 | 14.2 | 11.9 | 30.9% |
Germany | 8.1 | 8.0 | 6.3 | 6.9 | -5.2% |
Italy | 1.1 | 1.3 | 1.7 | 1.3 | 5.7% |
Taiwan (Chinese) | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
Vietnam | N/A | N/A | N/A | 0.1 | 0% |
Thailand | 0.6 | 0.3 | 0.1 | N/A | -59.2% |
Others | 1.4 | 0.7 | 0.7 | 0.4 | -34.1% |
Total | 16.9 | 15.2 | 23.4 | 21.0 | 7.5% |
Top Suppliers of Copper Sanitary Ware to China in 2022:
- France (179.0 tons)
- Germany (125.4 tons)
- Italy (20.2 tons)
- Taiwan (Chinese) (16.2 tons)
- Vietnam (6.4 tons)
- Thailand (1.0 tons)
This report provides an in-depth analysis of the copper sanitary ware market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25991135 - Sanitary ware and parts thereof of copper
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, copper sanitary ware prices surged by 29% to $20.5 per kg (FOB, China) compared to the previous month.
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