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

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

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

In February 2024, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $189 per unit, rising by 10% against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The import price peaked at $246 per unit in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($606 per unit), while the price for North Macedonia ($128 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 Italy (+2.6%), 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 the Netherlands (FOB) - 2024

The average export price for sanitary ware and parts thereof, of iron or steel stood at $334 per unit in February 2024, picking up by 44% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +4.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In February 2024, the country with the highest price was the United States ($1,024 per unit), while the average price for exports to Bonaire ($98.3 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 Saudi Arabia (+7.0%), 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 the Netherlands

In 2022, approx. 8.3M units of sanitary ware and parts thereof, of iron or steel were imported into the Netherlands; dropping by -25% on the year before. Overall, imports continue to indicate a deep reduction. The smallest decline of -2.2% was in 2021. Imports peaked at 15M 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 contracted notably to $137M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.4% 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 +27.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 26%. Over the period under review, imports of hit record highs at $171M in 2021, and then reduced markedly in the following year.

Import of Sanitary Ware and Parts Thereof, of Iron or Steel in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	27.4	43.8	61.6	57.2	27.8%
Germany	36.8	36.7	44.3	31.9	-4.7%
Belgium	12.0	18.3	19.4	20.3	19.2%
Italy	4.2	5.1	6.4	5.8	11.4%
Poland	2.3	4.2	10.2	4.6	26.0%
Turkey	0.8	1.8	2.2	3.0	55.4%
Taiwan (Chinese)	2.6	5.5	5.7	3.0	4.9%
Slovakia	1.9	1.8	1.6	0.6	-31.9%
Others	20.0	18.7	19.6	10.9	-18.3%
Total	108	136	171	137	8.3%

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

China (3733.6K units)
Belgium (1460.1K units)
Germany (1290.3K units)
Poland (413.9K units)
Italy (256.8K units)
Turkey (224.0K units)
Slovakia (194.6K units)
Taiwan (Chinese) (159.1K units)

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

In 2022, exports of sanitary ware and parts thereof, of iron or steel from the Netherlands totaled 6.4M units, growing by 15% compared with the year before. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of sanitary ware and parts thereof, of iron or steel reached $95M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Sanitary Ware and Parts Thereof, of Iron or Steel in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	21.9	28.9	33.5	40.7	22.9%
Belgium	11.3	17.6	24.9	18.6	18.1%
France	4.1	3.9	4.9	4.8	5.4%
United Kingdom	3.6	3.9	3.7	3.5	-0.9%
Denmark	2.9	2.5	2.7	2.9	0.0%
Spain	1.3	1.2	1.5	1.7	9.4%
Portugal	0.3	0.5	0.9	1.3	63.0%
Austria	0.5	0.5	1.2	1.2	33.9%
Others	16.0	13.7	20.9	20.8	9.1%
Total	61.9	72.8	94.1	95.4	15.5%