France: Stainless Steel Sink Market 2024

Stainless Steel Sink Market Size in France

The French stainless steel sink market fell slightly to $X in 2022, flattening at the previous year. Over the period under review, consumption faced a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Stainless Steel Sink Production in France

In value terms, stainless steel sink production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth 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, production increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in years to come.

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Stainless Steel Sink Exports

Exports from France

In 2022, after two years of decline, there was significant growth in shipments abroad of stainless steel sinks and wash basins, when their volume increased by X% to X units. Over the period under review, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, stainless steel sink exports expanded to $X in 2022. In general, exports recorded a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X units), Belgium (X units) and Cameroon (X units) were the main destinations of stainless steel sink exports from France, together accounting for X% of total exports. The UK, Switzerland, French Polynesia, Romania, Madagascar, Senegal, the United Arab Emirates and New Caledonia lagged somewhat behind, together comprising a further X%.

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

In value terms, Belgium ($X) remains the key foreign market for stainless steel sinks and wash basins exports from France, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with an X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average stainless steel sink export price stood at $X per unit in 2022, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Madagascar ($X 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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Sink Imports

Imports into France

Stainless steel sink imports into France fell to X units in 2022, dropping by X% compared with the previous year's figure. In general, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, stainless steel sink imports shrank to $X in 2022. Overall, imports saw a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Greece (X units) and Germany (X units) were the main suppliers of stainless steel sink imports to France, together accounting for X% of total imports. Poland, Italy, Turkey, Portugal, Spain and Slovenia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest stainless steel sink suppliers to France were Germany ($X), Italy ($X) and China ($X), together comprising X% of total imports. Greece, Poland, Portugal, Turkey, Spain and Slovenia lagged somewhat behind, together comprising a further X%.

Turkey, 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

In 2022, the average stainless steel sink import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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 Spain ($X per unit), while the price for Slovenia ($X per unit) 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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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