Australia and Oceania: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Australia and Oceania

The plastic bath or sink market in Australia and Oceania contracted to $X in 2022, waning by -6.9% against the previous year. Over the period under review, consumption, however, recorded a buoyant expansion. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Australia and Oceania

In value terms, plastic bath or sink production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 198% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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

Exports in Australia and Oceania

Plastic bath or sink exports shrank notably to X units in 2022, waning by -26.7% on 2021 figures. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of 96%. As a result, the exports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, plastic bath or sink exports shrank notably to $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Australia (X units) represented roughly 97% of total exports in 2022.

Australia was also the fastest-growing in terms of the plastic baths, shower-baths, sinks and wash-basins exports, with a CAGR of +6.1% from 2012 to 2022. From 2012 to 2022, the share of Australia increased by +9.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest plastic bath or sink supplier in Australia and Oceania.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +3.4%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, picking up by 12% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the export price increased by 32% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -2.6% per year.

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

Imports in Australia and Oceania

After three years of growth, purchases abroad of plastic baths, shower-baths, sinks and wash-basins decreased by -2% to X units in 2022. The total import volume increased at an average annual rate of +3.6% 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 with an increase of 33% against the previous year. As a result, imports reached the peak of X units, and then dropped slightly in the following year.

In value terms, plastic bath or sink imports fell modestly to $X in 2022. In general, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

Australia was the major importer of plastic baths, shower-baths, sinks and wash-basins in Australia and Oceania, with the volume of imports reaching X units, which was approx. 78% of total imports in 2022. New Zealand (X units) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by French Polynesia (5.9%).

From 2012 to 2022, average annual rates of growth with regard to plastic bath or sink imports into Australia stood at +2.5%. At the same time, French Polynesia (+41.0%) and New Zealand (+7.4%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +41.0% from 2012-2022. While the share of French Polynesia (+5.6 p.p.) and New Zealand (+4.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-8.6 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported plastic baths, shower-baths, sinks and wash-basins in Australia and Oceania, comprising 83% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 15% share of total imports.

In Australia, plastic bath or sink imports expanded at an average annual rate of +10.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+12.9% per year) and French Polynesia (+12.1% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, approximately equating the previous year. Over the period under review, the import price, however, recorded buoyant growth. The growth pace was the most rapid in 2018 an increase of 53% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while French Polynesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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