South-Eastern Asia: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in South-Eastern Asia

The Southeast Asian copper sanitary ware market rose modestly to $X in 2022, increasing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Copper Sanitary Ware Production in South-Eastern Asia

In value terms, copper sanitary ware production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Copper Sanitary Ware Exports

Exports in South-Eastern Asia

In 2022, copper sanitary ware exports in South-Eastern Asia totaled X tons, surging by X% compared with the year before. Over the period under review, exports, however, recorded a mild curtailment. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, copper sanitary ware exports rose remarkably to $X in 2022. In general, exports, however, continue to indicate a slight curtailment. 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 2022, the growth of the exports failed to regain momentum.

Exports by Country

Thailand prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by the Philippines (X tons), achieving a X% share of total exports. The following exporters - Vietnam (X tons) and Indonesia (X tons) - each accounted for an X% share of total exports.

Thailand experienced a relatively flat trend pattern with regard to volume of exports of sanitary ware and parts of copper. At the same time, Indonesia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, the Philippines (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Philippines (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest copper sanitary ware supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Copper Sanitary Ware Imports

Imports in South-Eastern Asia

In 2022, the amount of sanitary ware and parts of copper imported in South-Eastern Asia dropped modestly to X tons, with a decrease of X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 tons, and then fell in the following year.

In value terms, copper sanitary ware imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, and then declined in the following year.

Imports by Country

Thailand (X tons), Indonesia (X tons), Malaysia (X tons) and Vietnam (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Singapore (X tons) and the Philippines (X tons), together comprising a X% share of total imports. Myanmar (X tons) held a little share of total imports.

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

In value terms, Thailand ($X), Vietnam ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Singapore, the Philippines, Malaysia and Myanmar lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 South-Eastern Asia stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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