Updated Feb 2, 2023 23:54

Market for Iron Or Steel Sanitary Ware in the Netherlands

Market Overview
In , the Dutch market for sanitary ware and parts of iron or steel decreased by -% to $, falling for the second year in a row after three years of growth. Over the period under review, consumption saw a abrupt decrease. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.


Consumption
In , approx. tons of sanitary ware and parts of iron or steel were consumed in the Netherlands; declining by -% compared with . In general, consumption continues to indicate a deep slump. Iron or steel sanitary ware consumption peaked at tons in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.

The size of the market for sanitary ware and parts of iron or steel in the Netherlands reduced remarkably to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt curtailment. Iron or steel sanitary ware consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for iron or steel sanitary ware in the Netherlands, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Iron or steel sanitary ware market in the Netherlands consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.


Trade Balance
The Netherlands remains a net importer of iron or steel sanitary ware; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.