U.S. Plumbing Fixture Fitting And Trim Market. Analysis And Forecast to 2030
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View PricingPrice for Plumbing Fixture Fitting and Trim in the United States - 2023
Contents:
- Price for Plumbing Fixture Fitting and Trim in the United States (CIF) - 2023
- Price for Plumbing Fixture Fitting and Trim in the United States (FOB) - 2023
- Imports of Plumbing Fixture Fitting and Trim in the United States
- Exports of Plumbing Fixture Fitting and Trim in the United States
Price for Plumbing Fixture Fitting and Trim in the United States (CIF) - 2023
The average import price for plumbing fixture fittings and trims stood at $16,709 per ton in August 2023, almost unchanged from the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 7.8% m-o-m. The import price peaked at $17,194 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($35,011 per ton), while the price for Thailand ($2,928 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plumbing Fixture Fitting and Trim in the United States (FOB) - 2023
The average export price for plumbing fixture fittings and trims stood at $170K per ton in August 2023, stabilizing at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in March 2023 an increase of 49% m-o-m. Over the period under review, the average export prices reached the peak figure in August 2023.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Canada ($193K per ton), while the average price for exports to the Czech Republic ($59,412 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plumbing Fixture Fitting and Trim in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of plumbing fixture fittings and trims, when their volume decreased by -8.5% to 106K tons. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 959%.
In value terms, plumbing fixture fitting and trim imports rose modestly to $1.8B in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Plumbing Fixture Fitting and Trim in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 901 | 944 | 1,143 | 1,084 | 6.4% |
Taiwan (Chinese) | 133 | 173 | 256 | 273 | 27.1% |
Vietnam | 1.3 | 11.6 | 42.3 | 74.3 | 285.2% |
Mexico | 52.0 | 47.6 | 55.9 | 59.2 | 4.4% |
Italy | 38.6 | 35.2 | 46.3 | 51.0 | 9.7% |
Indonesia | 12.1 | 13.5 | 20.6 | 24.5 | 26.5% |
Others | 143 | 136 | 180 | 209 | 13.5% |
Total | 1,280 | 1,360 | 1,744 | 1,775 | 11.5% |
Top Suppliers of Plumbing Fixture Fitting and Trim to the United States in 2022:
- China (64.6K tons)
- Taiwan (Chinese) (18.3K tons)
- Vietnam (6.4K tons)
- Mexico (3.8K tons)
- Indonesia (2.6K tons)
- Italy (1.6K tons)
Exports of Plumbing Fixture Fitting and Trim in the United States
In 2022, shipments abroad of plumbing fixture fittings and trims decreased by -2.3% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 167% against the previous year.
In value terms, plumbing fixture fitting and trim exports expanded significantly to $368M in 2022. Overall, exports showed a noticeable shrinkage.
Export of Plumbing Fixture Fitting and Trim in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 155 | 159 | 165 | 152 | -0.6% |
Mexico | 109 | 100 | 104 | 123 | 4.1% |
Bahamas | 2.7 | 3.6 | 5.5 | 6.3 | 32.6% |
China | 12.4 | 8.0 | 8.4 | 6.1 | -21.1% |
Turks and Caicos Islands | 0.4 | 0.6 | 0.5 | 1.6 | 58.7% |
Barbados | 0.6 | 0.6 | 0.8 | 1.4 | 32.6% |
Saint Kitts and Nevis | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
Others | 114 | 70.5 | 65.6 | 78.4 | -11.7% |
Total | 395 | 342 | 350 | 368 | -2.3% |
Top Export Markets for Plumbing Fixture Fitting and Trim from the United States in 2022:
- Mexico (1134.7 tons)
- Canada (827.4 tons)
- Bahamas (275.6 tons)
- Barbados (103.6 tons)
- Turks and Caicos Islands (53.2 tons)
- China (47.0 tons)
- Saint Kitts and Nevis (46.2 tons)
This report provides an in-depth analysis of the market for plumbing fixture fitting and trim in the U.S.. 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:
- NAICS 332913 - Plumbing fixture fitting and trim manufacturing
Companies mentioned:
- 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
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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