Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Germany - 2024
Contents:
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Germany (FOB) - 2024
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Germany (CIF) - 2024
- Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Germany
- Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Germany
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Germany (FOB) - 2024
In February 2024, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $214 per unit, waning by -17.6% against the previous month. Overall, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in July 2023 an increase of 8.4% m-o-m. Over the period under review, the average export prices attained the peak figure at $270 per unit in April 2023; however, from May 2023 to February 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was the United States ($761 per unit), while the average price for exports to Kazakhstan ($82.7 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 Hong Kong SAR (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Germany (CIF) - 2024
In February 2024, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $226 per unit, waning by -7.4% against the previous month. In general, the import price showed a slight shrinkage. The growth pace was the most rapid in August 2023 an increase of 10% month-to-month. The import price peaked at $263 per unit in May 2023; however, from June 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 Switzerland ($411 per unit), while the price for Turkey ($147 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 Austria (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Germany
In 2022, the amount of sanitary ware and parts thereof, of iron or steel exported from Germany declined to 21M units, which is down by -12.7% against the year before. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 0.5%. The exports peaked at 38M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of sanitary ware and parts thereof, of iron or steel fell to $353M in 2022. In general, exports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 8.9%. As a result, the exports attained the peak of $410M, and then declined in the following year.
| Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 60.1 | 59.1 | 62.6 | 53.1 | -4.0% |
| Austria | 49.9 | 54.9 | 60.6 | 51.1 | 0.8% |
| France | 28.2 | 28.4 | 34.8 | 33.1 | 5.5% |
| United Kingdom | 50.0 | 43.1 | 31.4 | 31.1 | -14.6% |
| Netherlands | 27.9 | 30.7 | 36.9 | 29.2 | 1.5% |
| Italy | 16.3 | 15.1 | 19.4 | 16.3 | 0.0% |
| Belgium | 16.5 | 15.6 | 15.7 | 14.0 | -5.3% |
| Poland | 11.7 | 11.5 | 14.9 | 12.8 | 3.0% |
| China | 13.8 | 11.0 | 13.8 | 12.2 | -4.0% |
| Czech Republic | 7.9 | 8.5 | 10.8 | 11.3 | 12.7% |
| Bulgaria | 4.6 | 3.9 | 5.0 | 4.8 | 1.4% |
| Russia | 10.2 | 11.7 | 12.8 | 2.7 | -35.8% |
| Ukraine | 2.6 | 2.7 | 2.4 | 0.5 | -42.3% |
| Others | 85.6 | 80.4 | 88.9 | 80.9 | -1.9% |
| Total | 385 | 377 | 410 | 353 | -2.9% |
Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Germany in 2022:
- United Kingdom (3.4M units)
- Switzerland (3.2M units)
- Austria (2.5M units)
- France (1.8M units)
- China (1.2M units)
- Czech Republic (1.0M units)
- Netherlands (0.9M units)
- Bulgaria (0.9M units)
- Poland (0.8M units)
- Italy (0.7M units)
- Belgium (0.6M units)
- Russia (0.2M units)
- Ukraine (0.1M units)
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Germany
In 2022, approx. 14M units of sanitary ware and parts thereof, of iron or steel were imported into Germany; remaining constant against the previous year's figure. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 5.3% against the previous year. Imports peaked at 17M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of sanitary ware and parts thereof, of iron or steel expanded to $239M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.6 | 41.5 | 57.6 | 65.7 | 12.9% |
| Netherlands | 16.7 | 25.2 | 30.8 | 32.7 | 25.1% |
| Italy | 21.7 | 23.5 | 26.4 | 23.7 | 3.0% |
| Poland | 18.3 | 22.8 | 24.5 | 22.3 | 6.8% |
| Switzerland | 27.5 | 26.3 | 18.1 | 17.8 | -13.5% |
| Austria | 8.2 | 7.3 | 6.9 | 8.3 | 0.4% |
| Denmark | 6.5 | 6.6 | 6.7 | 6.9 | 2.0% |
| Spain | 3.7 | 4.0 | 5.5 | 6.7 | 21.9% |
| Greece | 6.5 | 4.3 | 4.8 | 6.0 | -2.6% |
| Turkey | 1.6 | 3.0 | 3.8 | 5.3 | 49.1% |
| France | 3.6 | 4.7 | 4.1 | 4.5 | 7.7% |
| Slovakia | 3.9 | 4.5 | 5.3 | 3.9 | 0.0% |
| Others | 24.8 | 30.2 | 33.8 | 35.0 | 12.2% |
| Total | 189 | 204 | 228 | 239 | 8.1% |
Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Germany in 2022:
- China (4.4M units)
- Poland (1.4M units)
- Netherlands (1.2M units)
- Italy (1.1M units)
- Spain (1.0M units)
- Austria (0.6M units)
- Turkey (0.5M units)
- Greece (0.5M units)
- Switzerland (0.5M units)
- Denmark (0.3M units)
- France (0.3M units)
- Slovakia (0.3M units)
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