Thailand: 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 Thailand

In 2022, after two years of decline, there was significant growth in the Thai market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, when its value increased by X% to $X. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Thailand

In value terms, production of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china declined slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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

Exports from Thailand

After two years of growth, overseas shipments of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by X% to X units in 2022. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at X units in 2021, and then declined remarkably in the following year.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china declined notably to $X in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

The United States (X units), China (X units) and Japan (X units) were the main destinations of exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Thailand, with a combined X% share of total exports. Cambodia, Myanmar, Vietnam, Germany and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), China ($X) and Japan ($X) constituted the largest markets for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exported from Thailand worldwide, together accounting for X% of total exports.

Among the main countries of destination, the United States, 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

The average export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, approximately reflecting the previous year. Overall, the export price, however, saw a mild downturn. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Thailand

For the third year in a row, Thailand recorded growth in overseas purchases of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, which increased by X% to X units in 2022. Overall, imports recorded resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X in 2022. In general, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) was the main supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Thailand, with a X% share of total imports. Moreover, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Thailand, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

The average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

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