ASEAN: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in ASEAN

The ASEAN plastic sanitary ware market expanded to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2017; afterwards, it flattened through to 2023.

Plastic Sanitary Ware Production in ASEAN

In value terms, plastic sanitary ware production reached $X in 2023 estimated in export price. The total production indicated temperate 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 pace of growth appeared 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 ASEAN

After two years of growth, overseas shipments of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units in 2023. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked at X units in 2022, and then fell in the following year.

In value terms, plastic sanitary ware exports shrank to $X in 2023. In general, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then shrank in the following year.

Exports by Country

Vietnam (X units), Thailand (X units) and Malaysia (X units) represented roughly X% of total exports in 2023. It was distantly followed by Singapore (X units) and the Philippines (X units), together making up a X% share of total exports. Indonesia (X units) took a minor share of total exports.

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, the largest plastic sanitary ware supplying countries in ASEAN were Vietnam ($X), Thailand ($X) and Malaysia ($X), together comprising X% of total exports.

Among the main exporting countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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 ASEAN amounted to $X per unit, declining by X% against the previous year. Over the period from 2012 to 2023, 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% against the previous year. Over the period under review, the export prices hit record highs 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 ASEAN

After two years of growth, overseas purchases of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units in 2023. Over the period under review, imports continue to indicate a mild descent. 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 shrank to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2022, and then contracted in the following year.

Imports by Country

Thailand was the key importing country with an import of around X units, which reached X% of total imports. It was distantly followed by Indonesia (X units), Vietnam (X units), Malaysia (X units) and the Philippines (X units), together comprising a X% share of total imports. Singapore (X units) followed a long way behind the leaders.

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 ASEAN were Thailand ($X), Vietnam ($X) and Indonesia ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded 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

The import price in ASEAN stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2022, and then declined modestly in the following year.

Prices varied noticeably by country of destination: 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