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

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Romania (CIF) - 2024
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Romania (FOB) - 2024
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Romania
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Romania

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

In February 2024, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $159 per unit, growing by 7.9% against the previous month. Overall, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 40% m-o-m. As a result, import price attained the peak level of $248 per unit. From January 2024 to February 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($193 per unit), while the price for the UK ($103 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 Turkey (+1.5%), while the prices for the other major suppliers experienced a decline.

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

In February 2024, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $421 per unit, picking up by 61% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Moldova ($497 per unit), while the average price for exports to Montenegro ($197 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 Turkey (+8.2%), 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 Romania

For the third consecutive year, Romania recorded decline in overseas purchases of sanitary ware and parts thereof, of iron or steel, which decreased by -8.2% to 1.5M units in 2022. Overall, imports saw a deep reduction. Over the period under review, imports of reached the maximum at 2.4M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of sanitary ware and parts thereof, of iron or steel reduced to $19M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. Imports peaked at $21M in 2021, and then contracted in the following year.

Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.1	2.6	2.6	3.5	18.6%
Germany	3.4	3.1	4.0	3.3	-1.0%
Turkey	3.4	3.8	3.9	3.1	-3.0%
Italy	1.4	1.7	1.7	1.9	10.7%
Poland	1.2	2.1	2.1	1.1	-2.9%
Greece	1.2	1.3	1.3	1.1	-2.9%
Spain	0.6	0.8	0.9	0.9	14.5%
Bulgaria	0.6	0.7	1.0	0.9	14.5%
Slovenia	0.9	0.9	1.1	0.8	-3.9%
Czech Republic	0.2	0.4	0.6	0.6	44.2%
Portugal	0.3	0.4	0.6	0.4	10.1%
Others	1.3	1.3	1.7	1.6	7.2%
Total	16.6	19.2	21.5	19.2	5.0%

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

China (342.9K units)
Turkey (237.1K units)
Germany (161.6K units)
Italy (132.8K units)
Bulgaria (112.5K units)
Poland (80.1K units)
Greece (70.6K units)
Czech Republic (65.0K units)
Slovenia (60.0K units)
Portugal (54.7K units)
Spain (53.8K units)

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

In 2022, the amount of sanitary ware and parts thereof, of iron or steel exported from Romania soared to 192K units, with an increase of 39% against the year before. In general, exports, however, continue to indicate a deep downturn. Over the period under review, the exports of hit record highs at 322K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of sanitary ware and parts thereof, of iron or steel rose markedly to $3.8M in 2022. Overall, exports recorded prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by 105% against the previous year. As a result, the exports attained the peak of $4.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1,599	1,435	1,735	1,583	-0.3%
Moldova	173	222	271	311	21.6%
Italy	99.0	697	259	222	30.9%
Greece	0.5	9.4	30.8	205	642.9%
Netherlands	158	5.0	7.3	195	7.3%
Turkey	1.4	2.8	N/A	192	415.7%
Croatia	N/A	20.1	45.4	189	206.6%
Portugal	N/A	29.2	85.7	178	146.9%
Bulgaria	115	92.8	91.8	170	13.9%
Hungary	81.0	179	147	134	18.3%
Slovenia	1.5	2.5	17.2	100	305.5%
Germany	61.5	415	373	78.5	8.5%
Israel	N/A	N/A	N/A	52.0	0%
Others	104	1,808	264	162	15.9%
Total	2,394	4,918	3,328	3,770	16.3%