Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark - 2024
Contents:
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark (CIF) - 2024
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark (FOB) - 2024
- Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark
- Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark (CIF) - 2024
The average import price for sanitary ware and parts thereof, of iron or steel stood at $194 per unit in February 2024, which is down by -42.9% against the previous month. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in January 2024 an increase of 12% month-to-month. Over the period under review, average import prices reached the maximum at $348 per unit in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($737 per unit), while the price for China ($175 per unit) was amongst the lowest.
From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Portugal (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark (FOB) - 2024
The average export price for sanitary ware and parts thereof, of iron or steel stood at $319 per unit in February 2024, declining by -32.3% against the previous month. In general, export price indicated noticeable growth from April 2023 to February 2024: its price increased at an average monthly rate of +2.9% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, export price for sanitary ware and parts thereof, of iron or steel decreased by -32.3% against January 2024 indices. The growth pace was the most rapid in January 2024 an increase of 45% month-to-month. As a result, the export price reached the peak level of $472 per unit, and then reduced notably in the following month.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Norway ($672 per unit), while the average price for exports to Greenland ($116 per unit) was amongst the lowest.
From April 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark
In 2022, approx. 2.5M units of sanitary ware and parts thereof, of iron or steel were imported into Denmark; falling by -12.6% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 2.9M units, and then reduced in the following year.
In value terms, imports of sanitary ware and parts thereof, of iron or steel expanded to $43M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 8.9%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.0 | 13.7 | 11.9 | 14.1 | 2.7% |
| China | 8.5 | 12.4 | 14.7 | 14.0 | 18.1% |
| Germany | 4.0 | 3.3 | 3.2 | 3.5 | -4.4% |
| Netherlands | 2.5 | 2.3 | 3.4 | 2.1 | -5.6% |
| Spain | 1.7 | 1.6 | 2.0 | 2.1 | 7.3% |
| Czech Republic | 0.2 | 0.2 | 1.0 | 1.0 | 71.0% |
| Poland | 0.5 | 0.2 | 0.2 | 0.7 | 11.9% |
| Others | 4.8 | 4.7 | 4.7 | 5.5 | 4.6% |
| Total | 35.2 | 38.4 | 41.1 | 43.0 | 6.9% |
Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Denmark in 2022:
- Sweden (1012.8K units)
- China (673.4K units)
- Czech Republic (158.1K units)
- Spain (126.0K units)
- Germany (118.5K units)
- Netherlands (112.0K units)
- Poland (71.3K units)
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark
For the fourth consecutive year, Denmark recorded growth in shipments abroad of sanitary ware and parts thereof, of iron or steel, which increased by 3.4% to 2.1M units in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of sanitary ware and parts thereof, of iron or steel declined to $38M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37%. Over the period under review, the exports of attained the maximum at $40M in 2021, and then dropped in the following year.
| Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 3.7 | 12.0 | 17.8 | 14.9 | 59.1% |
| Faroe Islands | 0.3 | 0.7 | 2.5 | 7.7 | 195.0% |
| Norway | 4.8 | 4.3 | 4.3 | 4.1 | -5.1% |
| Sweden | 4.1 | 4.1 | 5.3 | 2.7 | -13.0% |
| United Kingdom | 1.9 | 1.5 | 2.1 | 1.6 | -5.6% |
| Germany | 1.3 | 2.1 | 2.0 | 1.2 | -2.6% |
| Lithuania | 0.1 | 0.2 | 0.9 | 0.1 | 0.0% |
| Others | 6.5 | 6.2 | 5.4 | 5.5 | -5.4% |
| Total | 22.7 | 31.1 | 40.3 | 37.8 | 18.5% |
Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Denmark in 2022:
- Greenland (1165.6K units)
- Faroe Islands (474.7K units)
- Norway (150.3K units)
- Sweden (105.2K units)
- United Kingdom (41.7K units)
- Germany (25.4K units)
- Lithuania (9.4K units)
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