Plumbing Fixture Fitting And Trim Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Plumbing Fixture Fitting And Trim Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the market of plumbing fixture fittings and trims in the U.S. amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, the market for plumbing fixture fitting and trim reached its peak figure level in 2018, and is expected to retain its growth in the near future.

Production of Plumbing Fixture Fittings And Trims in the USA

In value terms, production of plumbing fixture fittings and trims amounted to $X in 2018. The total output value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. Production of plumbing fixture fittings and trims peaked in 2018, and is expected to retain its growth in the near future.

Exports of Plumbing Fixture Fittings And Trims

Exports from the USA

In 2018, the amount of plumbing fixture fittings and trims exported from the U.S. stood at X tonnes, declining by -X% against the previous year. Overall, exports of plumbing fixture fittings and trims continue to indicate an abrupt downturn. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. In that year, exports of plumbing fixture fittings and trims attained their peak of X tonnes. From 2015 to 2018, the growth of exports of plumbing fixture fittings and trims remained at a somewhat lower figure.

In value terms, exports of plumbing fixture fittings and trims stood at $X (IndexBox estimates) in 2018. Overall, exports of plumbing fixture fittings and trims continue to indicate an abrupt downturn. In that year, exports of plumbing fixture fittings and trims reached their peak of $X. From 2015 to 2018, the growth of exports of plumbing fixture fittings and trims failed to regain its momentum.

Exports by Country

China (X tonnes), Bahamas (X tonnes) and Jamaica (X tonnes) were the main destinations of exports of plumbing fixture fittings and trims from the U.S., with a combined X% share of total exports. Barbados, Cayman Islands, Saudi Arabia, the United Arab Emirates, Colombia, Trinidad and Tobago, British Virgin Islands, Taiwan, Chinese and Panama lagged somewhat behind, together accounting for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by British Virgin Islands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bahamas ($X) and Jamaica ($X) constituted the largest markets for plumbing fixture fitting and trim exported from the U.S. worldwide, together comprising X% of total exports. These countries were followed by Cayman Islands, Saudi Arabia, the United Arab Emirates, Barbados, Colombia, Trinidad and Tobago, British Virgin Islands, Taiwan, Chinese and Panama, which together accounted for a further X%.

Export Prices by Country

The average export price for plumbing fixture fittings and trims stood at $X per kg in 2018, jumping by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Cayman Islands ($X per kg), while the average price for exports to Barbados ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Bahamas (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports of Plumbing Fixture Fittings And Trims

Imports into the USA

In 2018, imports of plumbing fixture fittings and trims into the U.S. amounted to X tonnes, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018, with an increase of X% year-to-year. In that year, imports of plumbing fixture fittings and trims reached their peak , and are likely to continue its growth in the immediate term.

In value terms, imports of plumbing fixture fittings and trims amounted to $X (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. In that year, imports of plumbing fixture fittings and trims reached their peak , and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tonnes) constituted the largest plumbing fixture fitting and trim supplier to the U.S., with a X% share of total imports. Moreover, imports of plumbing fixture fittings and trims from China exceeded the figures recorded by the second largest supplier, Taiwan, Chinese (X tonnes), ninefold.

From 2013 to 2018, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of plumbing fixture fitting and trim to the U.S., comprising X% of total imports of plumbing fixture fittings and trims. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of total imports.

Import Prices by Country

The average import price for plumbing fixture fittings and trims stood at $X per kg in 2018, jumping by X% against the previous year. In general, the import price for plumbing fixture fittings and trims continues to indicate a relatively flat trend pattern.

Average import prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest import price was Italy ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the import prices for the other major suppliers experienced a decline.

Companies Mentioned in the Report

Masco Corporation of Indiana, Hansgrohe, Water Pik, Brasscraft Manufacturing Company, Merit Brass Co., Fluidmaster, Speakman Company, Sioux Chief Mfg. Co., A. Y. McDonald Industries, T. & S. Brass & Bronze Works, The Chicago Faucet Company, Brasstech, Smith Industries, Fort Recovery Industries, Fernco, Kerkstra Precast, Plastic Trends, Water Saver Faucet Co., The Keeney Manufacturing Company, Wcm Industries, Apollo Retail Specialists, Ddp Holdings, Arrowhead Brass & Plumbing, Multi Fittings Corp, Sunspring America, Price Pfister, Starline Manufacturing Co , Component Manufacturing Corporation, Anthony Manufacturing Corp, Professional Plumbing Group Inc, A. Y. McDonald Mfg. Co., Plumbing Holdings Corporation, Delta Faucet Company

Source: IndexBox Platform