Serbia: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Serbia

For the third year in a row, the Serbian market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, continues to indicate strong growth. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports from Serbia

In 2022, shipments abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by X% to X units, falling for the fifth consecutive year after three years of growth. Over the period under review, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china fell sharply to $X in 2022. In general, exports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

North Macedonia (X units), Montenegro (X units) and Bosnia and Herzegovina (X units) were the main destinations of exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Serbia, with a combined X% share of total exports. Germany, the UK and Croatia lagged somewhat behind, together comprising a further X%.

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

In value terms, North Macedonia ($X), Montenegro ($X) and Bosnia and Herzegovina ($X) constituted the largest markets for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exported from Serbia worldwide, with a combined X% share of total exports. Germany, the UK and Croatia lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to 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 export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, dropping by X% against 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 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to North Macedonia ($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 Croatia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports into Serbia

In 2022, after two years of growth, there was significant decline in overseas purchases of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, when their volume decreased by X% to X units. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X units in 2021, and then shrank in the following year.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china rose sharply to $X in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Bulgaria (X units), Romania (X units) and Turkey (X units) were the main suppliers of imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Serbia, with a combined X% share of total imports. Poland, Croatia, the Czech Republic, Ukraine, Germany, Hungary, China, Italy and India lagged somewhat behind, together accounting for a further X%.

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) appeared to be the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china suppliers to Serbia, with a combined X% share of total imports. Turkey, the Czech Republic, Croatia, Germany, Ukraine, Italy, Hungary, China and India lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china amounted to $X per unit, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain 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 Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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