Spain - Stainless Steel Sinks And Wash Basins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStainless Steel Sink Price in Spain - 2023
Contents:
- Stainless Steel Sink Price in Spain (FOB) - 2022
- Stainless Steel Sink Price in Spain (CIF) - 2023
- Stainless Steel Sink Exports in Spain
- Stainless Steel Sink Imports in Spain
Stainless Steel Sink Price in Spain (FOB) - 2022
The average stainless steel sink export price stood at $108 per unit in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 12% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($126 per unit), while the average price for exports to Peru ($69 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 Denmark (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Sink Price in Spain (CIF) - 2023
In August 2023, the average stainless steel sink import price amounted to $77.7 per unit, shrinking by -25.6% against the previous month. In general, the import price showed a slight contraction. The pace of growth was the most pronounced in March 2023 when the average import price increased by 21% against the previous month. As a result, import price attained the peak level of $119 per unit. From April 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Switzerland ($234 per unit), while the price for Poland ($51.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Sink Exports in Spain
Stainless steel sink exports from Spain fell to 214K units in 2022, declining by -12% on the previous year's figure. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. Over the period under review, the exports reached the peak figure at 256K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, stainless steel sink exports declined to $23M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $26M, and then fell in the following year.
| Export of Stainless Steel Sink in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.3 | 2.0 | 2.8 | 3.5 | 15.0% |
| Portugal | 3.1 | 3.5 | 3.0 | 3.4 | 3.1% |
| France | 3.0 | 3.3 | 3.3 | 2.5 | -5.9% |
| Chile | 1.7 | 1.8 | 2.5 | 1.7 | 0.0% |
| Denmark | 1.3 | 1.3 | 1.8 | 1.7 | 9.4% |
| Ecuador | 1.3 | 0.7 | 1.7 | 1.4 | 2.5% |
| Morocco | 0.8 | 0.8 | 1.4 | 0.8 | 0.0% |
| Czech Republic | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| United Arab Emirates | 1.9 | 1.5 | 0.8 | 0.5 | -35.9% |
| Peru | 0.2 | 0.3 | 0.5 | 0.5 | 35.7% |
| South Africa | 0.3 | 0.1 | 0.4 | 0.4 | 10.1% |
| Turkey | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| Hungary | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Others | 6.9 | 6.3 | 6.9 | 5.6 | -6.7% |
| Total | 23.6 | 22.8 | 26.1 | 23.1 | -0.7% |
Top Export Markets for Stainless Steel Sink from Spain in 2022:
- Mexico (29.6K units)
- Portugal (28.7K units)
- France (28.7K units)
- Chile (18.8K units)
- Denmark (15.0K units)
- Ecuador (11.8K units)
- Morocco (8.2K units)
- Peru (7.6K units)
- United Arab Emirates (4.5K units)
- Czech Republic (3.9K units)
- Turkey (3.8K units)
- South Africa (3.7K units)
- Hungary (3.6K units)
Stainless Steel Sink Imports in Spain
In 2022, approx. 243K units of stainless steel sinks and wash basins were imported into Spain; increasing by 6.4% against the year before. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 34%. Imports peaked at 250K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, stainless steel sink imports reduced modestly to $22M in 2022. The total import value increased at an average annual rate of +2.1% 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 appeared the most rapid in 2021 with an increase of 37%. As a result, imports attained the peak of $23M, and then reduced modestly in the following year.
| Import of Stainless Steel Sink in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 3.0 | 6.1 | 6.4 | 28.7% |
| Italy | 4.6 | 3.9 | 4.4 | 5.1 | 3.5% |
| Turkey | 1.9 | 1.9 | 3.2 | 2.8 | 13.8% |
| Germany | 6.0 | 3.9 | 4.7 | 2.8 | -22.4% |
| Greece | 2.7 | 1.8 | 1.5 | 1.6 | -16.0% |
| Portugal | 1.0 | 0.6 | 1.1 | 1.0 | 0.0% |
| Switzerland | 0.7 | 0.7 | 1.0 | 1.0 | 12.6% |
| Netherlands | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
| Others | 0.6 | 0.5 | 0.5 | 0.8 | 10.1% |
| Total | 20.7 | 16.7 | 23.0 | 22.0 | 2.1% |
Top Suppliers of Stainless Steel Sink to Spain in 2022:
- China (86.4K units)
- Italy (48.7K units)
- Germany (35.5K units)
- Turkey (30.5K units)
- Greece (18.8K units)
- Portugal (9.4K units)
- Switzerland (5.3K units)
- Netherlands (3.8K units)
This report provides an in-depth analysis of the stainless steel sink 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 25991110 - Stainless steel sinks and wash basins
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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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This report provides an in-depth analysis of the stainless steel sink market in Spain.
333
This report provides an in-depth analysis of the metal bath market in Spain.
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This report provides an in-depth analysis of the market for iron or steel sanitary ware in Spain.
651
This report provides an in-depth analysis of the global stainless steel sink market.
309
This report provides an in-depth analysis of the global metal bath market.
465
This report provides an in-depth analysis of the global market for iron or steel sanitary ware.
325
This report provides an in-depth analysis of the stainless steel sink market in Spain.
333
This report provides an in-depth analysis of the metal bath market in Spain.
254
This report provides an in-depth analysis of the market for iron or steel sanitary ware in Spain.
651
This report provides an in-depth analysis of the global stainless steel sink market.
246
In November 2022, the stainless steel sink price stood at $125 per unit (FOB, Spain), with an increase of 4.7% against the previous month.
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In November 2022, the stainless steel sink price stood at $125 per unit (FOB, Spain), with an increase of 4.7% against the previous month.
