Plastic Plumbing Fixture Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Plastic Plumbing Fixture Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the plastic plumbing fixture market in the U.S. amounted to $5B in 2018, going up by 9.1% 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). The market value increased at an average annual rate of +8.7% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when the market value increased by 11% against the previous year. Over the period under review, the plastic plumbing fixture market attained its maximum level in 2018, and is expected to retain its growth in the immediate term.

Plastic Plumbing Fixture Production in the USA

In value terms, plastic plumbing fixture production totaled $4.8B in 2018. The total output value increased at an average annual rate of +8.1% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014, when it surged by 10% against the previous year.

Plastic Plumbing Fixture Exports

Exports from the USA

In 2018, approx. 3.8K tonnes of plastic plumbing fixtures were exported from the U.S.; coming down by -20.8% against the previous year. In general, plastic plumbing fixture exports continue to indicate an abrupt reduction.

In value terms, plastic plumbing fixture exports stood at $28M (IndexBox estimates) in 2018.

Exports by Country

The UK (486 tonnes), Australia (478 tonnes) and the Netherlands (412 tonnes) were the main destinations of plastic plumbing fixture exports from the U.S., with a combined 36% share of total exports. These countries were followed by Chile, New Zealand, Belgium, the Philippines, Norway, Brazil, South Korea, Saudi Arabia and Germany, which together accounted for a further 30%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Philippines (+131.6% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic plumbing fixture exported from the U.S. were the UK ($3.6M), Australia ($2.9M) and the Netherlands ($2.9M), together accounting for 33% of total exports. Belgium, Chile, Norway, Saudi Arabia, New Zealand, Germany, Brazil, South Korea and the Philippines lagged somewhat behind, together comprising a further 33%.

Export Prices by Country

The average plastic plumbing fixture export price stood at $7.4 per kg in 2018, going up by 14% against the previous year. In general, the plastic plumbing fixture export price continues to indicate a relatively flat trend pattern.

Export prices varied noticeably by the country of origin; the country with the highest export price was Saudi Arabia ($14 per kg), while the average price for exports to the Philippines ($4.9 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the UK (+13.5% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Plastic Plumbing Fixture Imports

Imports into the USA

Plastic plumbing fixture imports into the U.S. stood at 32K tonnes in 2018, increasing by 16% against the previous year.

In value terms, plastic plumbing fixture imports stood at $131M (IndexBox estimates) in 2018.

Imports by Country

In 2018, China (28K tonnes) constituted the largest supplier of plastic plumbing fixture to the U.S., with a 87% share of total imports. It was followed by South Africa (695 tonnes), with a 2.2% share of total imports. The third position in this ranking was occupied by Germany (654 tonnes), with a 2% share.

From 2013 to 2018, the average annual growth rate of volume from China amounted to +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+0.7% per year) and Germany (+59.5% per year).

In value terms, China ($105M) constituted the largest supplier of plastic plumbing fixture to the U.S., comprising 80% of total plastic plumbing fixture imports. The second position in the ranking was occupied by Germany ($4.2M), with a 3.2% share of total imports. It was followed by South Africa, with a 2.4% share.

Import Prices by Country

In 2018, the average plastic plumbing fixture import price amounted to $4.1 per kg, going up by 2.9% against the previous year. Overall, the plastic plumbing fixture import price continues to indicate a slight decline.

Import prices varied noticeably by the country of origin; the country with the highest import price was Germany ($6.4 per kg), while the price for China ($3.7 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Egypt (+1.7% per year), while the import prices for the other major suppliers experienced mixed trend patterns.

Companies Mentioned in the Report

Best Bath Systems, Jacuzzi Inc., MTI Baths, R. W. Lyall & Company, Aquatic Co., The Praxis Companies LLC, Danze, The Onyx Collection, Le Elegant Bath, Strong Industries, Lyons Industries, Duo-Form Acquisition Corp., Fiber Care Baths, Mdm Enterprises, Peggy S. Lane, Spurlin Industries, Bathcraft, Clarke Products, Kinro Composites, L & M Laminates and Marble, Frontline Mfg., Cincinnati Machines, Jacuzzi Whirlpool Bath, Maax Spas Industries Corp., Hansgroag, Gatsby Spas, Lasco Composites, Aquatic Industries, The Lozier Foundation, Maax US Corp., Toto U.S.A. Holdings

Source: IndexBox AI Platform