Price for Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa - 2024
Contents:
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa (CIF) - 2022
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa (FOB) - 2022
- Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa
- Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa (CIF) - 2022
In 2022, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $6.4 per unit, surging by 12% against the previous year. Overall, the import price, however, continues to indicate a mild decline. Over the period under review, average import prices hit record highs at $7.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($15 per unit), while the price for Hong Kong SAR ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.0%), 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 South Africa (FOB) - 2022
In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $6 per unit, reducing by -7.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 27%. Over the period under review, the average export prices reached the maximum at $6.8 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($14 per unit), while the average price for exports to Swaziland ($2.3 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 Nigeria (+12.3%), 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 South Africa
In 2022, imports of sanitary ware and parts thereof, of iron or steel into South Africa declined rapidly to 2M units, with a decrease of -20.9% compared with the previous year's figure. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 2.6M units, and then reduced rapidly in the following year.
In value terms, imports of sanitary ware and parts thereof, of iron or steel dropped to $13M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. As a result, imports reached the peak of $15M, and then contracted in the following year.
| Import of Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 6.2 | 9.2 | 8.3 | 9.6% |
| Italy | 0.9 | 0.8 | 1.0 | 0.9 | 0.0% |
| Turkey | 1.1 | 0.8 | 1.0 | 0.6 | -18.3% |
| Germany | 0.6 | 0.4 | 0.6 | 0.6 | 0.0% |
| Spain | 0.5 | 0.2 | 0.4 | 0.6 | 6.3% |
| India | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Hong Kong SAR | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Others | 2.0 | 1.8 | 2.0 | 1.6 | -7.2% |
| Total | 11.6 | 10.4 | 14.6 | 13.0 | 3.9% |
Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to South Africa in 2022:
- China (1540.7K units)
- India (111.9K units)
- Turkey (73.4K units)
- Italy (59.7K units)
- Germany (50.0K units)
- Spain (41.7K units)
- Hong Kong SAR (6.1K units)
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa
For the fourth year in a row, South Africa recorded growth in shipments abroad of sanitary ware and parts thereof, of iron or steel, which increased by 8.4% to 2M units in 2022. The total export volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of sanitary ware and parts thereof, of iron or steel totaled $12M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Sanitary Ware and Parts Thereof, of Iron or Steel in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 2.0 | 2.0 | 2.1 | 2.4 | 6.3% |
| Namibia | 2.1 | 1.8 | 2.4 | 2.1 | 0.0% |
| Zimbabwe | 0.9 | 1.2 | 1.5 | 1.8 | 26.0% |
| Zambia | 0.9 | 1.1 | 1.1 | 1.2 | 10.1% |
| Swaziland | 0.6 | 0.5 | 0.7 | 0.8 | 10.1% |
| Mozambique | 0.9 | 1.0 | 1.1 | 0.8 | -3.9% |
| Democratic Republic of the Congo | 0.2 | 0.3 | 0.2 | 0.6 | 44.2% |
| Lesotho | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Others | 2.5 | 2.6 | 2.6 | 2.2 | -4.2% |
| Total | 10.3 | 10.7 | 12.1 | 12.1 | 5.5% |
Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from South Africa in 2022:
- Botswana (372.4K units)
- Swaziland (344.1K units)
- Zimbabwe (286.4K units)
- Namibia (266.8K units)
- Zambia (210.1K units)
- Mozambique (142.9K units)
- Democratic Republic of the Congo (117.4K units)
- Lesotho (103.1K units)
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