Price for Sanitary Ware and Parts Thereof, of Iron or Steel in the UK - 2024
Contents:
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in the UK (CIF) - 2022
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in the UK (FOB) - 2022
- Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in the UK
- Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in the UK
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in the UK (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 30% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +80.3% against 2012 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($27 per unit), while the price for Slovenia ($3.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+13.6%), 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 UK (FOB) - 2022
In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $24 per unit, picking up by 56% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($70 per unit), while the average price for exports to Ireland ($13 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 the United States (+6.0%), 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 UK
Imports of sanitary ware and parts thereof, of iron or steel into the UK fell remarkably to 14M units in 2022, which is down by -30.1% on 2021. Over the period under review, imports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Imports peaked at 21M 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 fell to $153M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, imports reached the peak of $168M, and then reduced in the following year.
| Import of Sanitary Ware and Parts Thereof, of Iron or Steel in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.3 | 43.3 | 64.0 | 65.1 | 10.5% |
| Germany | 46.7 | 38.8 | 42.7 | 27.3 | -16.4% |
| Switzerland | 0.1 | N/A | 10.1 | 9.2 | 351.4% |
| Portugal | 2.5 | 2.5 | 7.4 | 6.7 | 38.9% |
| Italy | 3.8 | 3.6 | 4.3 | 6.6 | 20.2% |
| Poland | 8.4 | 7.2 | 8.5 | 5.2 | -14.8% |
| Turkey | 3.0 | 3.1 | 5.7 | 4.8 | 17.0% |
| Greece | 3.6 | 2.3 | 4.1 | 3.8 | 1.8% |
| Spain | 4.0 | 3.0 | 2.5 | 2.0 | -20.6% |
| Slovenia | N/A | N/A | 0.2 | 1.0 | 400.0% |
| Others | 17.7 | 14.6 | 18.6 | 21.2 | 6.2% |
| Total | 138 | 118 | 168 | 153 | 3.5% |
Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to the UK in 2022:
- China (6.9M units)
- Germany (2.1M units)
- Portugal (1.8M units)
- Italy (0.6M units)
- Turkey (0.4M units)
- Poland (0.4M units)
- Spain (0.4M units)
- Greece (0.3M units)
- Slovenia (0.3M units)
- Switzerland (0.3M units)
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in the UK
In 2022, exports of sanitary ware and parts thereof, of iron or steel from the UK reduced dramatically to 1.6M units, which is down by -37.4% on 2021 figures. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, the exports attained the peak of 2.5M units, and then reduced sharply in the following year.
In value terms, exports of sanitary ware and parts thereof, of iron or steel fell modestly to $37M in 2022. In general, exports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2020 with an increase of 4.4% against the previous year. As a result, the exports attained the peak of $41M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Sanitary Ware and Parts Thereof, of Iron or Steel in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 7.4 | 7.7 | 6.0 | 5.6 | -8.9% |
| United States | 3.4 | 5.0 | 6.2 | 4.9 | 13.0% |
| France | 2.9 | 4.7 | 4.0 | 2.8 | -1.2% |
| Belgium | 2.5 | 2.0 | 2.2 | 2.3 | -2.7% |
| United Arab Emirates | 3.9 | 1.9 | 2.6 | 2.2 | -17.4% |
| Netherlands | 1.6 | 1.6 | 2.3 | 2.2 | 11.2% |
| Germany | 3.2 | 2.9 | 1.8 | 1.7 | -19.0% |
| Saudi Arabia | 0.8 | 0.9 | 0.4 | 1.2 | 14.5% |
| China | 0.4 | 0.2 | 0.4 | 1.0 | 35.7% |
| Canada | 0.6 | 1.1 | 1.2 | 0.9 | 14.5% |
| Turkey | 0.2 | 0.2 | 0.2 | 0.9 | 65.1% |
| Australia | 0.5 | 0.5 | 0.9 | 0.9 | 21.6% |
| Poland | 0.3 | 0.3 | 0.5 | 0.8 | 38.7% |
| Others | 11.6 | 12.1 | 9.5 | 9.9 | -5.1% |
| Total | 39.4 | 41.2 | 38.3 | 37.4 | -1.7% |
Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from the UK in 2022:
- Ireland (421.6K units)
- France (155.8K units)
- Netherlands (103.9K units)
- United Arab Emirates (93.6K units)
- Belgium (82.3K units)
- Germany (71.0K units)
- United States (69.6K units)
- China (50.4K units)
- Australia (40.3K units)
- Saudi Arabia (40.1K units)
- Canada (34.9K units)
- Poland (32.5K units)
- Turkey (32.2K units)
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