Price for Sanitary Ware and Parts Thereof, of Iron or Steel in India - 2024

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in India (CIF) - 2022
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in India (FOB) - 2022
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in India
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in India

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in India (CIF) - 2022

The average import price for sanitary ware and parts thereof, of iron or steel stood at $6 per unit in 2022, which is down by -5% against the previous year. In general, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of 25%. The import price peaked at $9.5 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9.6 per unit), while the price for China ($5.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in India (FOB) - 2022

In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $3.7 per unit, waning by -21.8% against the previous year. In general, the export price, however, showed mild growth. The growth pace was the most rapid in 2017 an increase of 40%. The export price peaked at $7.2 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5 per unit), while the average price for exports to Oman ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in India

Imports of sanitary ware and parts thereof, of iron or steel into India skyrocketed to 8.6M units in 2022, jumping by 28% against the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of sanitary ware and parts thereof, of iron or steel surged to $52M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +85.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, imports of attained the peak figure 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 India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	28.4	21.3	32.2	38.3	10.5%
South Korea	5.3	3.2	6.8	8.6	17.5%
Others	6.0	3.7	4.1	5.3	-4.1%
Total	39.7	28.2	43.0	52.2	9.6%

Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to India in 2022:

China (7.1M units)
South Korea (1.0M units)

Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in India

For the fourth consecutive year, India recorded growth in shipments abroad of sanitary ware and parts thereof, of iron or steel, which increased by 36% to 3.9M units in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 88% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of sanitary ware and parts thereof, of iron or steel expanded rapidly to $14M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Export of Sanitary Ware and Parts Thereof, of Iron or Steel in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2,329	2,336	3,038	3,998	19.7%
Nepal	1,596	1,401	2,335	1,724	2.6%
Germany	215	356	1,052	1,706	99.5%
United Arab Emirates	1,297	1,546	1,881	1,203	-2.5%
United Kingdom	376	326	649	591	16.3%
Saudi Arabia	271	260	310	538	25.7%
Sri Lanka	481	911	821	382	-7.4%
Qatar	513	290	319	369	-10.4%
Egypt	3.1	0.3	69.0	296	357.1%
Netherlands	174	3.5	12.2	262	14.6%
New Zealand	40.3	32.2	237	249	83.5%
Kenya	85.4	80.1	146	223	37.7%
Oman	102	115	157	148	13.2%
Others	1,845	2,046	2,486	2,723	13.9%
Total	9,328	9,704	13,514	14,412	15.6%