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

Contents:

  1. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Luxembourg (CIF) - 2024
  2. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Luxembourg (FOB) - 2022
  3. Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Luxembourg
  4. Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Luxembourg

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Luxembourg (CIF) - 2024

The average import price for sanitary ware and parts thereof, of iron or steel stood at $1,879 per unit in February 2024, with an increase of 1,241% against the previous month. Overall, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From April 2023 to February 2024, the rate of growth in terms of prices for the UK amounted to +40.7% per month.

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

The average export price for sanitary ware and parts thereof, of iron or steel stood at $28 per unit in 2022, which is down by -19.1% against the previous year. Overall, the export price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 29% against the previous year. As a result, the export price reached the peak level of $68 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($38 per unit), while the average price for exports to the UK ($17 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 Belgium (+5.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of sanitary ware and parts thereof, of iron or steel into Luxembourg skyrocketed to 703K units, with an increase of 72% on the previous year's figure. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sanitary ware and parts thereof, of iron or steel reached $6M in 2022. Over the period under review, imports, however, continue to indicate a slight descent. Over the period under review, imports of hit record highs at $6.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.44.14.14.50.8%
Belgium0.81.11.21.111.2%
Others1.10.30.40.4-28.6%
Total6.35.55.76.0-1.6%

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

  1. Germany (551.3K units)
  2. Belgium (133.0K units)

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

In 2022, the amount of sanitary ware and parts thereof, of iron or steel exported from Luxembourg reduced to 6.2K units, declining by -10.2% compared with the previous year. In general, exports recorded a sharp curtailment. Over the period under review, the exports of attained the maximum at 183K 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 shrank dramatically to $176K in 2022. Overall, exports recorded a dramatic downturn. The exports peaked at $6.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6,06499885.693.1-75.1%
Belgium79.669.275.766.1-6.0%
France57.871.327.112.9-39.3%
United KingdomN/AN/A0.23.11450.0%
Others0.815.153.80.94.0%
Total6,2021,154242176-69.5%

Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Luxembourg in 2022:

  1. Belgium (3.0K units)
  2. Germany (2.5K units)
  3. France (0.6K units)
  4. United Kingdom (0.2K units)

Source: IndexBox Market Intelligence Platform

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