South-Eastern Asia: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in South-Eastern Asia

The Southeast Asian plastic sanitary ware market reached $X in 2023, surging by X% against the previous year. The market 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 in certain years. The level of consumption peaked at $X in 2017; afterwards, it flattened through to 2023.

Plastic Sanitary Ware Production in South-Eastern Asia

In value terms, plastic sanitary ware production reached $X in 2023 estimated in export price. The total production indicated moderate 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, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

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Plastic Sanitary Ware Exports

Exports in South-Eastern Asia

After two years of growth, shipments abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units in 2023. Overall, exports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2022, and then declined in the following year.

In value terms, plastic sanitary ware exports shrank to $X in 2023. In general, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2022, and then reduced in the following year.

Exports by Country

In 2023, Vietnam (X units), Thailand (X units) and Malaysia (X units) represented the key exporter of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware in South-Eastern Asia, creating X% of total export. Singapore (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Philippines (X%). Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

In terms of the main exporting countries, Vietnam, with a CAGR of X%, recorded the highest growth rate of 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

In 2023, the export price in South-Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. 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 the Philippines ($X per unit), while Malaysia ($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.

Plastic Sanitary Ware Imports

Imports in South-Eastern Asia

In 2023, purchases abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, plastic sanitary ware imports 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 pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then reduced in the following year.

Imports by Country

Thailand was the main importer of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware in South-Eastern Asia, with the volume of imports finishing at X units, which was approx. X% of total imports in 2023. It was distantly followed by Indonesia (X units), Vietnam (X units), Malaysia (X units) and the Philippines (X units), together committing a X% share of total imports. Singapore (X units) held a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic sanitary ware importing markets in South-Eastern Asia were Thailand ($X), Vietnam ($X) and Indonesia ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, saw 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

In 2023, the import price in South-Eastern Asia amounted to $X per unit, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure 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 ($X per unit), while Thailand ($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