Southern Asia: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in Southern Asia

In 2022, the South Asian copper sanitary ware market decreased by X% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Copper Sanitary Ware Production in Southern Asia

In value terms, copper sanitary ware production reached $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Copper Sanitary Ware Exports

Exports in Southern Asia

In 2022, shipments abroad of sanitary ware and parts of copper increased by X% to X tons, rising for the fourth consecutive year after five years of decline. In general, exports, however, showed a pronounced shrinkage. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, copper sanitary ware exports soared to $X in 2022. Overall, exports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Pakistan (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the sanitary ware and parts of copper exports, with a CAGR of X% from 2012 to 2022. Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by X percentage points.

In value terms, India ($X) remains the largest copper sanitary ware supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India was relatively modest.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Copper Sanitary Ware Imports

Imports in Southern Asia

In 2022, overseas purchases of sanitary ware and parts of copper increased by X% to X tons, rising for the second consecutive year after six years of decline. In general, imports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, copper sanitary ware imports expanded rapidly to $X in 2022. Total imports indicated a modest 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

India dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2022. Bangladesh (X tons) ranks second in terms of the total imports with a X% share, followed by Afghanistan (X%). The following importers - Pakistan (X tons), Sri Lanka (X tons) and Maldives (X tons) - each accounted for a X% share of total imports.

Imports into India decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%), Pakistan (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Afghanistan experienced a relatively flat trend pattern. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. While the share of Bangladesh (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported sanitary ware and parts of copper in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Maldives (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :