Romania: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in Romania

The Romanian copper sanitary ware market reduced remarkably to $X in 2022, shrinking by X% against the previous year. Overall, consumption continues to indicate a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Copper Sanitary Ware Production in Romania

In value terms, copper sanitary ware production totaled $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Copper Sanitary Ware Exports

Exports from Romania

In 2022, approx. X tons of sanitary ware and parts of copper were exported from Romania; increasing by X% against the previous year's figure. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, copper sanitary ware exports skyrocketed to $X in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for copper sanitary ware exports from Romania, accounting for a X% share of total exports. Moreover, copper sanitary ware exports to Belgium exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was held by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and the Czech Republic (X% per year).

In value terms, Belgium ($X) emerged as the key foreign market for sanitary ware and parts of copper exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

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

Export Prices by Country

In 2022, the average copper sanitary ware export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports into Romania

Copper sanitary ware imports into Romania declined to X tons in 2022, with a decrease of X% on 2021. Over the period under review, imports, however, recorded notable growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, copper sanitary ware imports reduced markedly to $X in 2022. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then fell sharply in the following year.

Imports by Country

Poland (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of copper sanitary ware imports to Romania, together accounting for X% of total imports. Turkey, Spain, Bulgaria, China, the Czech Republic, Belgium and Hungary lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest copper sanitary ware suppliers to Romania were Poland ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. Bulgaria, China, Spain, the Czech Republic, Belgium, Hungary and Turkey lagged somewhat behind, together accounting for a further X%.

Belgium, 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 copper sanitary ware import price amounted to $X per ton, falling by X% against the previous year. Overall, import price indicated a noticeable expansion 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, copper sanitary ware import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then shrank in the following year.

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 Bulgaria ($X per ton), while the price for Turkey ($X per ton) 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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