Latin America and the Caribbean: Market for Plastics Bidets, Lavatory Pans and Flushing Cisterns 2024

Market Size for Plastics Bidets, Lavatory Pans and Flushing Cisterns in Latin America and the Caribbean

The Latin American market for plastics bidets, lavatory pans and flushing cisterns shrank modestly to $X in 2023, approximately equating 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. Over the period under review, the market reached the peak 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 Latin America and the Caribbean

In value terms, production of plastics bidets, lavatory pans and flushing cisterns reduced modestly 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 pace of growth appeared the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Exports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Exports in Latin America and the Caribbean

In 2023, overseas shipments of plastics bidets, lavatory pans and flushing cisterns decreased by X% to X units, falling for the second year in a row after four years of growth. Over the period under review, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of plastics bidets, lavatory pans and flushing cisterns declined to $X in 2023. Total exports indicated a pronounced expansion from 2012 to 2023: its value 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, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

Mexico represented the main exporting country with an export of about X units, which reached X% of total exports. Brazil (X units) ranks second in terms of the total exports with a X% share, followed by Guatemala (X%). Colombia (X units) took a relatively small share of total exports.

Exports from Mexico decreased at an average annual rate of X% from 2012 to 2023. At the same time, Guatemala (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 2012-2023. Brazil experienced a relatively flat trend pattern. Guatemala (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Guatemala ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.

In terms of the main exporting countries, Guatemala, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 Latin America and the Caribbean stood at $X per unit in 2023, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

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 Brazil ($X per unit), while Guatemala ($X per unit) was amongst the lowest.

From 2012 to 2023, 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 Plastics Bidets, Lavatory Pans and Flushing Cisterns

Imports in Latin America and the Caribbean

In 2023, purchases abroad of plastics bidets, lavatory pans and flushing cisterns decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of plastics bidets, lavatory pans and flushing cisterns reduced dramatically to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of plastics bidets, lavatory pans and flushing cisterns, namely Mexico, Chile, Brazil, El Salvador and the Dominican Republic, represented more than half of total import. Guatemala (X units), Colombia (X units), Paraguay (X units), Argentina (X units), Peru (X units), Jamaica (X units), Ecuador (X units) and Uruguay (X units) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by El Salvador (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 Latin America and the Caribbean were Brazil ($X), Chile ($X) and Mexico ($X), together accounting for X% of total imports. El Salvador, the Dominican Republic, Colombia, Argentina, Peru, Guatemala, Paraguay, Ecuador, Uruguay and Jamaica lagged somewhat behind, together comprising a further X%.

El Salvador, with a CAGR of X%, recorded the highest growth rate of 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 Latin America and the Caribbean stood at $X per unit in 2023, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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 Brazil ($X per unit), while Jamaica ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform