Thailand: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Thailand

In 2023, the Thai plastic lavatory seat market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Overall, the total consumption indicated a tangible increase 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. Over the period under review, the market hit record highs at $X in 2022, and then fell in the following year.

Plastic Lavatory Seat Production in Thailand

In value terms, plastic lavatory seat production dropped slightly to $X in 2023 estimated in export price. In general, the total production indicated modest 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 increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Plastic lavatory seat production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

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Plastic Lavatory Seat Exports

Exports from Thailand

In 2023, the amount of plastic lavatory seats and covers exported from Thailand skyrocketed to X units, rising by X% compared with the year before. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, plastic lavatory seat exports surged to $X in 2023. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for plastic lavatory seat exports from Thailand, accounting for a X% share of total exports. Moreover, plastic lavatory seat exports to the United States exceeded the volume sent to the second major destination, the Philippines (X units), fivefold. The third position in this ranking was taken by Australia (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Australia (X% per year).

In value terms, the United States ($X) remains the key foreign market for plastic lavatory seats and covers exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2023, the average plastic lavatory seat export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hong Kong SAR ($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 mixed trend patterns.

Plastic Lavatory Seat Imports

Imports into Thailand

In 2023, purchases abroad of plastic lavatory seats and covers decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Over the period under review, total imports indicated prominent growth 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. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2022, and then declined in the following year.

In value terms, plastic lavatory seat imports fell to $X in 2023. Overall, total imports indicated a resilient increase from 2012 to 2023: its value 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. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, China (X units) constituted the largest supplier of plastic lavatory seat to Thailand, with a X% share of total imports. Moreover, plastic lavatory seat imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), sixfold. The third position in this ranking was held by Japan (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of plastic lavatory seats and covers to Thailand, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

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

Import Prices by Country

The average plastic lavatory seat import price stood at $X per unit in 2023, which is down by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform