Belgium: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in Belgium

In 2022, the Belgian copper sanitary ware market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, showed a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Copper Sanitary Ware Production in Belgium

In value terms, copper sanitary ware production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Copper Sanitary Ware Exports

Exports from Belgium

In 2022, after five years of growth, there was decline in overseas shipments of sanitary ware and parts of copper, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, copper sanitary ware exports expanded to $X in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

France (X tons), Spain (X tons) and the Netherlands (X tons) were the main destinations of copper sanitary ware exports from Belgium, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper sanitary ware exported from Belgium were France ($X), the Netherlands ($X) and Spain ($X), with a combined X% share of total exports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average copper sanitary ware export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a noticeable decline. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Germany ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Copper Sanitary Ware Imports

Imports into Belgium

In 2022, supplies from abroad of sanitary ware and parts of copper decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, copper sanitary ware imports declined to $X in 2022. Over the period under review, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of copper sanitary ware imports to Belgium, with a combined X% share of total imports. Italy and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest copper sanitary ware suppliers to Belgium were China ($X), the Netherlands ($X) and Germany ($X), together accounting for X% of total imports. Italy and Portugal lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average copper sanitary ware import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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