ASEAN: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins in ASEAN

The ASEAN plastic bath or sink market reached $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in ASEAN

In value terms, plastic bath or sink production reduced slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Exports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Exports in ASEAN

In 2023, the amount of plastic baths, shower-baths, sinks and wash-basins exported in ASEAN dropped significantly to X units, falling by X% compared with 2022. Overall, exports, however, saw notable growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, plastic bath or sink exports fell rapidly to $X in 2023. In general, exports, however, continue to indicate notable growth. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2022, and then contracted sharply in the following year.

Exports by Country

In 2023, Thailand (X units) and Vietnam (X units) were the key exporters of plastic baths, shower-baths, sinks and wash-basins in ASEAN, together generating X% of total exports. The Philippines (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%) and Indonesia (X%). Singapore (X units) took a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest plastic bath or sink supplying countries in ASEAN were Thailand ($X), Vietnam ($X) and the Philippines ($X), together accounting for X% of total exports. Malaysia, Indonesia and Singapore lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2023, increasing by X% against the previous year. Export price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plastic bath or sink export price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Imports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Imports in ASEAN

After two years of growth, supplies from abroad of plastic baths, shower-baths, sinks and wash-basins decreased by X% to X units in 2023. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, plastic bath or sink imports reduced to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Thailand (X units), distantly followed by Indonesia (X units), Vietnam (X units), Malaysia (X units), the Philippines (X units) and Singapore (X units) were the main importers of plastic baths, shower-baths, sinks and wash-basins, together generating X% of total imports. Lao People's Democratic Republic (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Malaysia, the Philippines, Singapore and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further X%.

Lao People's Democratic Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2022, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per unit), while Lao People's Democratic Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform