Overview of the Global Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins

The global plastic bath or sink market expanded modestly to $X in 2023, growing by X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the global market remained at a somewhat lower figure.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

In value terms, plastic bath or sink production reached $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, global production hit record highs at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

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Exports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Exports

In 2023, shipments abroad of plastic baths, shower-baths, sinks and wash-basins decreased by X% to X units for the first time since 2016, thus ending a six-year rising trend. Over the period under review, total exports indicated a pronounced increase 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 with an increase of X%. Over the period under review, the global exports attained the peak figure at X units in 2022, and then shrank slightly in the following year.

In value terms, plastic bath or sink exports shrank modestly to $X in 2023. Overall, total exports indicated a moderate expansion 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, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the global exports remained at a lower figure.

Exports by Country

China represented the major exporting country with an export of about X units, which accounted for X% of total exports. Spain (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United States (X%) and Poland (X%). The following exporters - Germany (X units), Canada (X units), Belgium (X units), Italy (X units), Egypt (X units), the Netherlands (X units), Slovakia (X units), Turkey (X units) and Mexico (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%), Spain (X%), the United States (X%), Mexico (X%), Poland (X%), Canada (X%), Italy (X%), the Netherlands (X%), Germany (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Turkey experienced a relatively flat trend pattern. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Spain, the United States, Slovakia and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic bath or sink supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Spain ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, plastic bath or sink exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average plastic bath or sink export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Imports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Imports

After seven years of growth, overseas purchases of plastic baths, shower-baths, sinks and wash-basins decreased by X% to X units in 2023. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global imports peaked at X units in 2022, and then reduced in the following year.

In value terms, plastic bath or sink imports reduced to $X in 2023. Overall, total imports indicated a measured 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 decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of global imports failed to regain momentum.

Imports by Country

The United States represented the key importer of plastic baths, shower-baths, sinks and wash-basins in the world, with the volume of imports resulting at X units, which was approx. X% of total imports in 2023. It was distantly followed by France (X units), Germany (X units) and the UK (X units), together achieving a X% share of total imports. Italy (X units), Belgium (X units), the Netherlands (X units), Canada (X units), Poland (X units), Japan (X units), Spain (X units) and Australia (X units) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the plastic baths, shower-baths, sinks and wash-basins imports, with a CAGR of X% from 2012 to 2023. At the same time, France (X%), the Netherlands (X%), Poland (X%), Spain (X%), the UK (X%), Japan (X%), Italy (X%) and Canada (X%) displayed positive paces of growth. Belgium and Germany experienced a relatively flat trend pattern. By contrast, Australia (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) and France (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Australia (X p.p.), Belgium (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of global imports.

Among the main importing countries, the United States, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average plastic bath or sink import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2023, the average 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 the Netherlands ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform