Report Update: May 1, 2024

Hong Kong SAR, China - Plastic Baths, Wash-Basins, Lavatory Pans And Covers And Similar Sanitary Ware - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Sanitary Ware Price in Hong Kong SAR - 2023

Plastic Sanitary Ware Price in Hong Kong SAR (CIF) - 2022

The average plastic sanitary ware import price stood at $7.6 per unit in 2022, shrinking by -13.3% against the previous year. In general, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. As a result, import price reached the peak level of $8.7 per unit, and then contracted 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 Italy ($17 per unit), while the price for Thailand ($5.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced a decline.

Plastic Sanitary Ware Price in Hong Kong SAR (FOB) - 2022

The average plastic sanitary ware export price stood at $12 per unit in 2022, rising by 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2018 when the average export price increased by 9.7%. As a result, the export price attained the peak level of $12 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($17 per unit), while the average price for exports to India ($7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Sanitary Ware Imports in Hong Kong SAR

In 2022, overseas purchases of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by -30.3% to 1.1M units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of 1.6M units, and then dropped significantly in the following year.

In value terms, plastic sanitary ware imports shrank rapidly to $8.4M in 2022. Over the period under review, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, imports reached the peak of $14M, and then reduced markedly in the following year.

Import of Plastic Sanitary Ware in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.7	7.2	11.0	5.7	0.0%
Germany	0.4	0.4	0.4	0.6	14.5%
Spain	0.2	0.2	0.6	0.6	44.2%
Italy	0.5	0.4	0.3	0.3	-15.7%
Thailand	0.2	0.1	0.1	0.3	14.5%
Netherlands	0.3	0.4	0.3	0.2	-12.6%
Others	1.6	1.3	1.2	0.7	-24.1%
Total	8.9	10.0	13.9	8.4	-1.9%

Top Suppliers of Plastic Sanitary Ware to Hong Kong SAR in 2022:

China (752.0K units)
Spain (109.9K units)
Germany (71.4K units)
Thailand (62.5K units)
Netherlands (26.0K units)
Italy (20.3K units)

Plastic Sanitary Ware Exports in Hong Kong SAR

In 2022, shipments abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by -27.8% to 119K units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 85%. As a result, the exports reached the peak of 1.1M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastic sanitary ware exports shrank notably to $1.5M in 2022. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 86%. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Plastic Sanitary Ware in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	633	261	255	505	-7.3%
United States	486	9,111	612	432	-3.9%
Macao SAR	88.6	121	68.3	128	13.0%
Japan	4,601	1,848	636	76.1	-74.5%
Taiwan (Chinese)	54.8	105	85.1	46.3	-5.5%
United Kingdom	98.4	52.3	37.2	44.3	-23.4%
France	21.5	98.5	21.7	33.3	15.7%
Singapore	34.0	21.6	24.8	28.5	-5.7%
India	8.3	2.2	5.3	26.1	46.5%
Belgium	N/A	4.5	2.4	25.7	139.0%
Australia	119	133	39.7	8.7	-58.2%
Others	388	376	140	105	-35.3%
Total	6,532	12,133	1,927	1,460	-39.3%

Top Export Markets for Plastic Sanitary Ware from Hong Kong SAR in 2022:

China (38.3K units)
United States (35.5K units)
Macao SAR (11.2K units)
Japan (9.5K units)
Taiwan (Chinese) (4.0K units)
India (3.7K units)
France (2.7K units)
United Kingdom (2.6K units)
Singapore (2.5K units)
Belgium (2.2K units)
Australia (0.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic sanitary ware market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22231250 - Plastic baths, shower-baths, sinks and wash-basins
Prodcom 22231270 - Plastic lavatory seats and covers
Prodcom 22231290 - Plastic bidets, lavatory pans, flushing cisterns and similar sanitary ware (excluding baths, showers-baths, sinks and wash-basins, lavatory seats and covers)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023