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

Contents:

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

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

The average import price for sanitary ware and parts thereof, of iron or steel stood at $11 per unit in 2022, rising by 9.9% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sanitary ware and parts thereof, of iron or steel increased by +23.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($15 per unit), while the price for Croatia ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for sanitary ware and parts thereof, of iron or steel stood at $10 per unit in 2022, increasing by 2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 9.4%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($12 per unit), while the average price for exports to Hungary ($7.4 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 Austria (+8.6%), 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 Serbia

After three years of growth, supplies from abroad of sanitary ware and parts thereof, of iron or steel decreased by -16.9% to 553K units in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 665K units, and then fell markedly in the following year.

In value terms, imports of sanitary ware and parts thereof, of iron or steel reduced to $5.9M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +39.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $6.5M, and then reduced in the following year.

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

1. Turkey (113.5K units)
2. China (105.3K units)
3. Germany (97.8K units)
4. Italy (95.5K units)
5. Slovenia (60.8K units)
6. Portugal (33.0K units)
7. Croatia (12.1K units)

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

In 2022, exports of sanitary ware and parts thereof, of iron or steel from Serbia rose rapidly to 248K units, increasing by 7.2% compared with 2021 figures. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 14% 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 the near future.

In value terms, exports of sanitary ware and parts thereof, of iron or steel rose rapidly to $2.6M in 2022. The total export value increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Montenegro (67.1K units)
2. Bosnia and Herzegovina (46.3K units)
3. Croatia (41.9K units)
4. Italy (30.2K units)
5. North Macedonia (13.4K units)
6. Austria (11.6K units)
7. Slovenia (9.6K units)
8. Hungary (6.4K units)

Source: IndexBox Market Intelligence Platform