Report Update: May 1, 2024

Spain - Sanitary Ware And Parts Of Copper - Market Analysis, Forecast, Size, Trends And Insights

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Copper Sanitary Ware Price in Spain - 2023

Copper Sanitary Ware Price in Spain (CIF) - 2022

In 2022, the average copper sanitary ware import price amounted to $22,136 per ton, surging by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. 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 Germany ($70,530 per ton), while the price for Ireland ($7,896 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper Sanitary Ware Price in Spain (FOB) - 2022

In 2022, the average copper sanitary ware export price amounted to $40,269 per ton, growing by 11% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper sanitary ware export price increased by +64.0% against 2015 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($74,165 per ton), while the average price for exports to Tunisia ($5,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports in Spain

In 2022, approx. 663 tons of sanitary ware and parts of copper were imported into Spain; shrinking by -14.8% on 2021 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 778 tons, and then contracted in the following year.

In value terms, copper sanitary ware imports rose slightly to $15M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 +52.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Copper Sanitary Ware in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	6.6	5.5	9.5	10.4	16.4%
Germany	2.0	1.8	1.7	1.8	-3.5%
Italy	1.9	1.7	2.1	1.2	-14.2%
Ireland	0.1	0.1	0.2	0.2	26.0%
Others	0.3	0.4	0.5	1.0	49.4%
Total	11.1	9.6	14.1	14.7	9.8%

Top Suppliers of Copper Sanitary Ware to Spain in 2022:

China (455.4 tons)
Italy (124.3 tons)
Ireland (29.8 tons)
Germany (25.3 tons)

Copper Sanitary Ware Exports in Spain

Copper sanitary ware exports from Spain contracted to 189 tons in 2022, reducing by -7.2% on 2021. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 27%.

In value terms, copper sanitary ware exports expanded slightly to $7.6M in 2022. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 27%.

Export of Copper Sanitary Ware in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	971	778	1,058	943	-1.0%
France	929	749	980	941	0.4%
Portugal	836	710	914	667	-7.3%
United Kingdom	452	388	298	514	4.4%
United States	244	147	102	482	25.5%
Germany	381	295	520	481	8.1%
Morocco	1,414	321	300	368	-36.2%
Austria	14.1	10.0	439	362	195.0%
Mexico	144	154	121	344	33.7%
Qatar	89.8	230	155	150	18.7%
Cuba	8.2	5.0	15.4	149	162.9%
Madagascar	16.4	15.8	3.6	112	89.7%
Tunisia	17.2	1.9	2.6	27.0	16.2%
Others	3,918	2,000	2,473	2,069	-19.2%
Total	9,435	5,805	7,381	7,610	-6.9%

Top Export Markets for Copper Sanitary Ware from Spain in 2022:

Portugal (20.1 tons)
France (16.6 tons)
United States (15.4 tons)
Italy (13.9 tons)
Morocco (13.4 tons)
Germany (10.3 tons)
Cuba (8.8 tons)
United Kingdom (8.3 tons)
Austria (6.9 tons)
Madagascar (5.6 tons)
Qatar (5.1 tons)
Tunisia (5.0 tons)
Mexico (4.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the copper sanitary ware market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25991135 - Sanitary ware and parts thereof of copper

Country coverage:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023