Ceramic Sanitary Ware Market 2022
February 17, 2022
Ceramic Sanitary Ware Market 2022: U.S. Imports Hit Record $1.7B
Trade in the global ceramic sanitary ware market is gaining momentum. U.S. imports surpassed a record $1.7B last year, while India emerged as the fastest-growing buyer in the past decade.
LOS ANGELES-- In 2021, global ceramic sanitary ware trade totalled $7.8B, reaching the highest level ever. The U.S., the world’s largest sanitary ware importer, hit record highs of $1.7B, which was 3.2% more than a year earlier. Germany, ranking second, recorded the import value of $556M, a 5.6%-increase against 2020. The third-largest buyer worldwide, France, also expanded purchases by 3.7% y/y to $409M.
The American housing boom shows signs of calming down; therefore, the demand for ceramic sanitary ware in the U.S. is forecast to decelerate in the upcoming years. By contrast, in the EU, ceramic sanitary ware imports are expected to rise due to intensifying construction activity driven by renovation programs.
India became the fastest-growing importer of ceramic sanitary ware from 2007 to 2021. During that period, supplies to India rose from $21.4M to $123M. India’s sanitary ware imports should stay at the current level thanks to continuing the 'Housing for all by 2022' program.
Top Largest Suppliers of Ceramic Sanitary Ware Worldwide
China was the leading exporting country with a volume of around 72M units, which recorded 41% of total exports. Mexico (11M units) held the second position in the ranking, followed by Thailand (8.3M units). All these countries together held near 11% share of total exports.
In value terms, China ($2.7B) remains the largest ceramic sanitary ware supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by Germany ($563M), with a 7.9% share of total supplies. It was followed by Mexico, with a 5.5% share.
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February 17, 2022
