Singapore: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Singapore

In 2023, after two years of growth, there was significant decline in the Singaporean plastic lavatory seat market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded a perceptible expansion. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Plastic Lavatory Seat Exports

Exports from Singapore

In 2023, the amount of plastic lavatory seats and covers exported from Singapore skyrocketed to X units, jumping by X% compared with the previous year's figure. In general, exports showed tangible growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, plastic lavatory seat exports soared to $X in 2023. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X units), Australia (X units) and the Philippines (X units) were the main destinations of plastic lavatory seat exports from Singapore, together accounting for X% of total exports. Vietnam, Indonesia, Brunei Darussalam, Bangladesh, the United Arab Emirates, Maldives and China lagged somewhat behind, together accounting for a further X%.

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

In value terms, the Philippines ($X), Malaysia ($X) and Australia ($X) were the largest markets for plastic lavatory seat exported from Singapore worldwide, together comprising X% of total exports. Indonesia, Vietnam, Brunei Darussalam, China, Bangladesh, Maldives and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Brunei Darussalam, with a CAGR of X%, recorded 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 average plastic lavatory seat export price stood at $X per unit in 2023, growing by X% against the previous year. Over the period under review, export price indicated a moderate 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, plastic lavatory seat export price increased by X% against 2021 indices. The growth pace was the most rapid in 2022 an increase of X%. The export price peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Lavatory Seat Imports

Imports into Singapore

After two years of growth, purchases abroad of plastic lavatory seats and covers decreased by X% to X units in 2023. Overall, total imports indicated a perceptible expansion from 2012 to 2023: its volume 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. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, plastic lavatory seat imports reduced notably to $X in 2023. In general, total imports indicated temperate growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of plastic lavatory seat to Singapore, with a X% share of total imports. Moreover, plastic lavatory seat imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Malaysia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Malaysia (X% per year).

In value terms, the largest plastic lavatory seat suppliers to Singapore were China ($X), Germany ($X) and Malaysia ($X), together accounting for X% of total imports. Denmark, Thailand, Indonesia, Taiwan (Chinese), India, Vietnam and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, India, with a CAGR of X%, saw 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 average plastic lavatory seat import price stood at $X per unit in 2023, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for Taiwan (Chinese) ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform