Serbia: Ceramic Sanitary Ware Market 2024

Ceramic Sanitary Ware Market Size in Serbia

The Serbian ceramic sanitary ware market dropped dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, enjoyed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Ceramic Sanitary Ware Production in Serbia

In value terms, ceramic sanitary ware production stood at less than $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern.

Ceramic Sanitary Ware Exports

Exports from Serbia

In 2022, shipments abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ceramic sanitary ware exports surged to $X in 2022. Overall, exports faced a deep contraction. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X units), Montenegro (X units) and Russia (X units) were the main destinations of ceramic sanitary ware exports from Serbia, together accounting for X% of total exports. North Macedonia, Croatia, Slovenia, Germany, Bulgaria, Austria and Albania lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for ceramic sanitary ware exported from Serbia were Russia ($X), Bosnia and Herzegovina ($X) and Montenegro ($X), with a combined X% share of total exports. North Macedonia, Croatia, Germany, Slovenia, Bulgaria, Austria and Albania lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, recorded 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 a decline.

Export Prices by Country

The average ceramic sanitary ware export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price 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, ceramic sanitary ware export price increased by X% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Ceramic Sanitary Ware Imports

Imports into Serbia

In 2022, supplies from abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, ceramic sanitary ware imports expanded rapidly to $X in 2022. Over the period under review, imports, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X units), Bulgaria (X units) and Romania (X units) were the main suppliers of ceramic sanitary ware imports to Serbia.

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

In value terms, Romania ($X), Bulgaria ($X) and Poland ($X) were the largest ceramic sanitary ware suppliers to Serbia.

In terms of the main suppliers, Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 ceramic sanitary ware import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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