Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey - 2024
Contents:
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey (FOB) - 2022
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey (CIF) - 2022
- Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey
- Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey (FOB) - 2022
The average export price for sanitary ware and parts thereof, of iron or steel stood at $7.5 per unit in 2022, with an increase of 8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 14% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 the UK ($11 per unit), while the average price for exports to Slovenia ($2.6 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 Italy (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey (CIF) - 2022
The average import price for sanitary ware and parts thereof, of iron or steel stood at $9.5 per unit in 2022, picking up by 3.4% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2021 an increase of 8.1% against the previous year. The import price peaked at $14 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17 per unit), while the price for Poland ($7.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey
In 2022, approx. 12M units of sanitary ware and parts thereof, of iron or steel were exported from Turkey; with a decrease of -7% against the previous year's figure. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 13M units, and then fell in the following year.
In value terms, exports of sanitary ware and parts thereof, of iron or steel reached $92M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +39.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.2 | 6.2 | 7.6 | 7.6 | 13.5% |
| United States | 3.9 | 4.5 | 6.3 | 6.1 | 16.1% |
| United Kingdom | 2.5 | 2.8 | 4.8 | 4.5 | 21.6% |
| Morocco | 2.0 | 2.2 | 3.9 | 4.2 | 28.1% |
| Slovenia | 1.0 | 0.8 | 1.9 | 4.0 | 58.7% |
| Poland | 3.4 | 3.1 | 4.3 | 3.9 | 4.7% |
| Italy | 1.5 | 1.7 | 3.0 | 3.7 | 35.1% |
| United Arab Emirates | 2.3 | 2.1 | 2.3 | 3.7 | 17.2% |
| Russia | 2.3 | 2.4 | 2.8 | 3.7 | 17.2% |
| Egypt | 6.1 | 5.0 | 7.7 | 3.5 | -16.9% |
| Spain | 1.8 | 2.4 | 3.4 | 3.5 | 24.8% |
| Romania | 3.3 | 3.5 | 3.7 | 3.3 | 0.0% |
| France | 2.8 | 2.4 | 3.4 | 3.2 | 4.6% |
| Others | 30.4 | 26.6 | 36.1 | 37.1 | 6.9% |
| Total | 68.5 | 65.6 | 91.1 | 91.7 | 10.2% |
Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Turkey in 2022:
- Slovenia (1539.0K units)
- Germany (968.6K units)
- United States (816.3K units)
- Egypt (688.6K units)
- Morocco (470.1K units)
- Romania (437.3K units)
- Poland (414.3K units)
- France (412.9K units)
- United Kingdom (394.4K units)
- Italy (379.5K units)
- United Arab Emirates (363.3K units)
- Russia (360.7K units)
- Spain (351.0K units)
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey
For the fourth consecutive year, Turkey recorded growth in supplies from abroad of sanitary ware and parts thereof, of iron or steel, which increased by 16% to 1.5M units in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.3% 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 +82.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of sanitary ware and parts thereof, of iron or steel surged to $14M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 3.9 | 7.0 | 8.6 | 39.0% |
| Italy | 1.1 | 1.2 | 1.4 | 1.4 | 8.4% |
| Germany | 1.4 | 1.4 | 1.0 | 0.8 | -17.0% |
| Spain | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
| Poland | N/A | N/A | N/A | 0.4 | 0% |
| Austria | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
| Egypt | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Others | 1.0 | 1.3 | 1.5 | 2.3 | 32.0% |
| Total | 7.7 | 8.8 | 11.9 | 14.4 | 23.2% |
Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Turkey in 2022:
- China (1158.2K units)
- Italy (84.9K units)
- Germany (58.7K units)
- Poland (51.1K units)
- Spain (34.5K units)
- Austria (27.4K units)
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