Report Update: Dec 1, 2023

China - Sanitary Ware And Parts Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Sanitary Ware in China - 2023

Name: Price for Iron or Steel Sanitary Ware in China - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Price for Iron or Steel Sanitary Ware China, IndexBox, market research, global market, publisher

Price for Iron or Steel Sanitary Ware in China (FOB) - 2023

In June 2023, the average export price for sanitary ware and parts of iron or steel amounted to $3.0 per unit, declining by -3.2% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 17% month-to-month. The export price peaked at $4.0 per unit in December 2022; however, from January 2023 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($5.5 per unit), while the average price for exports to India ($2.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Steel Sanitary Ware in China (CIF) - 2022

The average import price for sanitary ware and parts of iron or steel stood at $14 per unit in 2022, which is down by -23.4% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 an increase of 109% against the previous year. Over the period under review, average import prices attained the peak figure at $19 per unit in 2021, and then contracted dramatically in the following year.

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 the United States ($220 per unit), while the price for South Korea ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+47.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel Sanitary Ware in China

In 2022, after three years of growth, there was decline in shipments abroad of sanitary ware and parts of iron or steel, when their volume decreased by -2.8% to 517M units. The total export volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 532M units, and then fell in the following year.

In value terms, iron or steel sanitary ware exports stood at $1.7B in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 42%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Iron or Steel Sanitary Ware in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	191	264	457	446	32.7%
Vietnam	45.5	62.8	69.6	71.6	16.3%
Germany	50.0	55.1	68.1	61.3	7.0%
Malaysia	34.1	33.8	58.9	57.5	19.0%
India	28.5	30.0	37.3	48.9	19.7%
Canada	28.1	33.1	56.0	47.7	19.3%
Thailand	16.3	28.0	47.1	47.6	42.9%
Australia	26.9	37.8	40.6	45.5	19.1%
Japan	26.6	33.9	47.2	45.0	19.2%
United Kingdom	53.5	46.4	56.2	42.9	-7.1%
Netherlands	47.7	42.4	53.1	38.7	-6.7%
United Arab Emirates	20.7	23.2	30.5	38.7	23.2%
Poland	15.9	15.8	19.6	25.6	17.2%
Others	390	478	641	675	20.1%
Total	975	1,184	1,682	1,692	20.2%

Top Export Markets for Iron or Steel Sanitary Ware from China in 2022:

United States (135.3M units)
Germany (32.0M units)
Vietnam (18.8M units)
India (15.7M units)
Poland (14.0M units)
Netherlands (13.7M units)
Malaysia (13.1M units)
Australia (12.8M units)
Thailand (12.5M units)
United Arab Emirates (12.4M units)
Canada (11.7M units)
United Kingdom (11.6M units)
Japan (11.5M units)

Imports of Iron or Steel Sanitary Ware in China

In 2022, iron or steel sanitary ware imports into China fell remarkably to 962K units, with a decrease of -15.3% compared with the previous year's figure. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 10%. Over the period under review, imports attained the peak figure at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, iron or steel sanitary ware imports fell markedly to $14M in 2022. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $21M, and then dropped notably in the following year.

Import of Iron or Steel Sanitary Ware in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	6.8	5.8	9.9	5.7	-5.7%
Germany	4.4	3.9	4.4	3.0	-12.0%
Italy	1.5	0.9	1.5	1.2	-7.2%
Japan	1.5	1.2	1.6	1.0	-12.6%
South Korea	0.5	0.2	0.2	0.2	-26.3%
Philippines	N/A	N/A	N/A	0.1	0%
Finland	0.2	0.6	0.3	0.1	-20.6%
United Arab Emirates	0.4	N/A	N/A	N/A	0%
Taiwan (Chinese)	0.6	N/A	N/A	N/A	0%
Others	1.2	2.4	3.6	2.5	27.7%
Total	17.1	15.2	21.4	13.9	-6.7%

Top Suppliers of Iron or Steel Sanitary Ware to China in 2022:

Germany (296.0K units)
Italy (118.7K units)
Japan (72.1K units)
South Korea (61.6K units)
United States (26.1K units)
Finland (14.6K units)
Philippines (11.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel sanitary ware in China. 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 25991131 - Sanitary ware and parts of sanitary ware of iron or steel

Country coverage:

• China

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in China

• 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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
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 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
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, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022