Eastern Asia: Market for Plastics Bidets, Lavatory Pans and Flushing Cisterns 2024

Market Size for Plastics Bidets, Lavatory Pans and Flushing Cisterns in Eastern Asia

The East Asian market for plastics bidets, lavatory pans and flushing cisterns totaled $X in 2023, therefore, remained relatively stable against the previous year. The total consumption indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Production of Plastics Bidets, Lavatory Pans and Flushing Cisterns in Eastern Asia

In value terms, production of plastics bidets, lavatory pans and flushing cisterns reached $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Exports in Eastern Asia

In 2023, approx. X units of plastics bidets, lavatory pans and flushing cisterns were exported in Eastern Asia; picking up by X% on 2022 figures. Overall, exports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, exports of plastics bidets, lavatory pans and flushing cisterns skyrocketed to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units) represented roughly X% of total exports in 2023.

China was also the fastest-growing in terms of the plastics bidets, lavatory pans and flushing cisterns exports, with a CAGR of X% from 2012 to 2023. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest plastics bidets, lavatory pans and flushing cisterns supplier in Eastern Asia.

From 2012 to 2023, the average annual growth rate of value in China was relatively modest.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2023, growing by X% against the previous year. Export price indicated a temperate increase 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, export price for plastics bidets, lavatory pans and flushing cisterns increased by X% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Imports in Eastern Asia

In 2023, overseas purchases of plastics bidets, lavatory pans and flushing cisterns decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, imports showed a mild descent. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of plastics bidets, lavatory pans and flushing cisterns fell to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

The purchases of the three major importers of plastics bidets, lavatory pans and flushing cisterns, namely South Korea, Japan and China, represented more than two-thirds of total import. Taiwan (Chinese) (X units) ranks next in terms of the total imports with a X% share, followed by Hong Kong SAR (X%). Macao SAR (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 key importing countries, was attained by Macao SAR (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastics bidets, lavatory pans and flushing cisterns importing markets in Eastern Asia were China ($X), South Korea ($X) and Japan ($X), together accounting for X% of total imports. Taiwan (Chinese), Hong Kong SAR and Macao SAR lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Macao SAR, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 Eastern Asia stood at $X per unit in 2023, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

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 China ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform