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

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

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

The average import price for sanitary ware and parts thereof, of iron or steel stood at $106 per unit in February 2024, waning by -46.4% against the previous month. In general, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in November 2023 an increase of 14% against the previous month. The import price peaked at $232 per unit in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was China ($97.6 per unit), while the price for Ukraine amounted to $94.7 per unit.

From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced a decline.

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

In February 2024, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $365 per unit, which is down by -11.4% against the previous month. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 29% against the previous month. Over the period under review, the average export prices attained the peak figure at $781 per unit in May 2023; however, from June 2023 to February 2024, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In February 2024, the countries with the highest prices were Bosnia and Herzegovina ($434 per unit) and the UK ($424 per unit), while the average price for exports to Serbia ($334 per unit) and the United States ($353 per unit) were amongst the lowest.

From April 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+4.2%), 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 Slovakia

For the third consecutive year, Slovakia recorded decline in overseas purchases of sanitary ware and parts thereof, of iron or steel, which decreased by -17.8% to 640K units in 2022. In general, imports faced a abrupt shrinkage. The smallest decline of -15% was in 2021. Over the period under review, imports of reached the maximum at 1.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of sanitary ware and parts thereof, of iron or steel declined significantly to $8.2M in 2022. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 8.5%. As a result, imports reached the peak of $10M, and then dropped dramatically in the following year.

Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	2.9	3.5	3.7	3.2	3.3%
Germany	3.4	3.6	4.3	3.1	-3.0%
Poland	0.3	0.5	0.5	0.9	44.2%
Italy	1.4	0.5	0.6	0.3	-40.2%
China	0.5	0.2	0.2	0.2	-26.3%
Bulgaria	N/A	N/A	N/A	0.1	0%
Turkey	0.2	0.3	0.1	N/A	-29.3%
Others	1.0	0.4	0.7	0.5	-20.6%
Total	9.6	9.2	10.0	8.2	-5.1%

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

Czech Republic (258.3K units)
Germany (241.7K units)
Poland (68.6K units)
China (17.2K units)
Italy (14.5K units)
Bulgaria (12.2K units)
Turkey (1.3K units)

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

In 2022, shipments abroad of sanitary ware and parts thereof, of iron or steel decreased by -28.5% to 186K units, falling for the second consecutive year after two years of growth. In general, total exports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, the exports reached the peak of 267K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of sanitary ware and parts thereof, of iron or steel reduced dramatically to $5.3M in 2022. Over the period under review, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 85%. The exports peaked at $7.4M in 2021, and then dropped sharply in the following year.

Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,290	3,138	3,855	2,914	31.2%
United States	182	392	577	678	55.0%
Czech Republic	461	468	610	494	2.3%
Austria	134	119	155	197	13.7%
Hungary	47.6	118	141	172	53.5%
Poland	190	215	220	133	-11.2%
France	45.4	281	230	95.5	28.1%
Spain	N/A	59.8	158	80.9	16.3%
United Kingdom	16.7	225	215	45.6	39.8%
Turkey	N/A	13.6	60.8	32.7	55.1%
Australia	507	224	253	29.2	-61.4%
Others	308	618	921	392	8.4%
Total	3,181	5,871	7,395	5,263	18.3%