EU: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in the EU

In 2022, after three years of growth, there was significant decline in the EU copper sanitary ware market, when its value decreased by X% to $X. Overall, consumption recorded a mild reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Copper Sanitary Ware Production in the EU

In value terms, copper sanitary ware production contracted slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Copper Sanitary Ware Exports

Exports in the EU

In 2022, after three years of growth, there was decline in shipments abroad of sanitary ware and parts of copper, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 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 X%. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, copper sanitary ware exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 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 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Germany (X tons) represented the major exporter of sanitary ware and parts of copper, creating X% of total exports. Belgium (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), the Netherlands (X%), France (X%) and Romania (X%). Spain (X tons), Austria (X tons), the Czech Republic (X tons), Sweden (X tons), Poland (X tons), Greece (X tons) and Portugal (X tons) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Belgium (X%), Greece (X%), France (X%), Poland (X%), Sweden (X%) and Austria (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%), Italy (X%), Portugal (X%) and Spain (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.), Germany (X p.p.), Romania (X p.p.), France (X p.p.) and Greece (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.), Portugal (X p.p.), Spain (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest copper sanitary ware supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

In Germany, copper sanitary ware exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports in the EU

In 2022, after two years of growth, there was decline in supplies from abroad of sanitary ware and parts of copper, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 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 X% against the previous year. As a result, imports reached the peak of X tons, and then reduced slightly in the following year.

In value terms, copper sanitary ware imports fell modestly to $X in 2022. Total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), Austria (X tons), Belgium (X tons), France (X tons), the Netherlands (X tons) and Denmark (X tons) represented the largest importers of sanitary ware and parts of copper, together making up X% of total imports. Spain (X tons), Poland (X tons), Sweden (X tons), the Czech Republic (X tons), Cyprus (X tons) and Romania (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cyprus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. France, Denmark, the Netherlands, Belgium, Spain, Poland, the Czech Republic, Sweden, Romania and Cyprus lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, flattening at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per ton), while Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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