Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Italy - 2024
Contents:
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Italy (FOB) - 2024
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Italy (CIF) - 2024
- Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Italy
- Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Italy
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Italy (FOB) - 2024
In February 2024, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $329 per unit, surging by 4.3% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 11% against the previous month. Over the period under review, the average export prices attained the maximum at $346 per unit in November 2023; however, from December 2023 to February 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In February 2024, the country with the highest price was the United States ($902 per unit), while the average price for exports to Chile ($61.1 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 the United States (+5.0%), 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 Italy (CIF) - 2024
In February 2024, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $174 per unit, declining by -30% against the previous month. In general, the import price showed a perceptible slump. The growth pace was the most rapid in December 2023 an increase of 85% m-o-m. The import price peaked at $272 per unit in September 2023; however, from October 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 Turkey ($199 per unit), while the price for Taiwan (Chinese) ($105 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 Belgium (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Italy
In 2022, approx. 6.8M units of sanitary ware and parts thereof, of iron or steel were exported from Italy; shrinking by -16.9% on 2021. Overall, exports faced a deep reduction. The smallest decline of -0.5% was in 2021. The exports peaked at 12M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of sanitary ware and parts thereof, of iron or steel contracted modestly to $136M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports attained the peak of $141M, and then dropped modestly in the following year.
| Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.5 | 28.8 | 31.6 | 27.7 | -4.2% |
| France | 11.5 | 11.1 | 14.9 | 14.5 | 8.0% |
| Spain | 7.1 | 7.4 | 9.8 | 10.2 | 12.8% |
| United States | 4.5 | 3.6 | 5.5 | 6.2 | 11.3% |
| United Kingdom | 4.4 | 3.9 | 5.1 | 6.0 | 10.9% |
| Netherlands | 2.7 | 3.4 | 5.5 | 5.0 | 22.8% |
| Switzerland | 2.8 | 2.8 | 3.2 | 4.5 | 17.1% |
| Greece | 2.5 | 3.1 | 4.4 | 3.7 | 14.0% |
| Austria | 2.1 | 2.9 | 3.2 | 3.3 | 16.3% |
| Poland | 1.8 | 3.2 | 4.1 | 3.2 | 21.1% |
| India | 1.4 | 1.4 | 2.5 | 2.0 | 12.6% |
| Slovenia | 1.6 | 1.3 | 1.5 | 1.3 | -6.7% |
| Romania | 1.0 | 1.1 | 1.2 | 1.1 | 3.2% |
| Others | 42.6 | 40.1 | 47.9 | 47.0 | 3.3% |
| Total | 117 | 114 | 141 | 136 | 5.1% |
Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Italy in 2022:
- Germany (1368.8K units)
- France (695.1K units)
- Spain (541.3K units)
- United Kingdom (429.7K units)
- Netherlands (208.6K units)
- Greece (189.9K units)
- Poland (156.5K units)
- Romania (155.6K units)
- Switzerland (150.2K units)
- United States (148.3K units)
- Austria (138.6K units)
- India (133.8K units)
- Slovenia (113.4K units)
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Italy
In 2022, the amount of sanitary ware and parts thereof, of iron or steel imported into Italy rose rapidly to 5.1M units, growing by 13% on the previous year. Overall, imports, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked at 5.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of sanitary ware and parts thereof, of iron or steel expanded markedly to $65M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +52.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.5 | 18.5 | 32.2 | 34.2 | 20.6% |
| Germany | 12.3 | 11.3 | 15.4 | 15.2 | 7.3% |
| Turkey | 1.4 | 1.4 | 2.7 | 3.4 | 34.4% |
| Greece | 2.4 | 2.0 | 1.2 | 2.3 | -1.4% |
| Portugal | 0.8 | 0.3 | 0.9 | 0.7 | -4.4% |
| Bosnia and Herzegovina | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
| Others | 7.3 | 8.5 | 7.4 | 8.7 | 6.0% |
| Total | 43.9 | 42.4 | 60.2 | 64.7 | 13.8% |
Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Italy in 2022:
- China (2277.0K units)
- Germany (1965.8K units)
- Turkey (216.4K units)
- Greece (112.6K units)
- Portugal (73.1K units)
- Bosnia and Herzegovina (70.6K units)
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