Latin America and the Caribbean: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Latin America and the Caribbean

In 2022, the Latin American market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by X% to $X, falling for the eighth year in a row after three years of growth. Over the period under review, consumption saw a drastic downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Latin America and the Caribbean

In value terms, production of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports in Latin America and the Caribbean

In 2022, overseas shipments of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china surged to $X in 2022. Overall, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

In 2022, Mexico (X units) represented the major exporter of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, achieving X% of total exports. Colombia (X units) held the second position in the ranking, distantly followed by Brazil (X units). All these countries together took approx. X% share of total exports. The following exporters - Guatemala (X units), Nicaragua (X units) and Ecuador (X units) - each amounted to an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exports from Mexico stood at X%. At the same time, Guatemala (X%), Brazil (X%), Nicaragua (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Ecuador (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mexico, Brazil, Guatemala and Nicaragua increased by X, X, X and X percentage points, respectively.

In value terms, Mexico ($X) remains the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

In Mexico, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Brazil (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced more modest paces of growth.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports in Latin America and the Caribbean

In 2022, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china in Latin America and the Caribbean fell to X units, waning by X% on 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china contracted to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Peru (X units) and the Dominican Republic (X units) represented the key importers of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china in Latin America and the Caribbean, together achieving X% of total imports. It was distantly followed by Guatemala (X units), Costa Rica (X units), Colombia (X units), Honduras (X units), Jamaica (X units), El Salvador (X units) and Chile (X units), together achieving a X% share of total imports. Brazil (X units), Panama (X units), Mexico (X units) and Venezuela (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Dominican Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with an X% share of total imports. It was followed by Chile, with a X% share.

In the Dominican Republic, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Peru (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Dominican Republic ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :