Bolivia: 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 Bolivia

The Bolivian market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china contracted rapidly to $X in 2022, with a decrease of -34.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a temperate expansion. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

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

Exports from Bolivia

In 2022, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Bolivia totaled X units, flattening at the year before. Overall, exports faced a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 163%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china contracted modestly to $X in 2022. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 101% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Chile (X units) was the main destination for exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Bolivia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Chile totaled -12.9%.

In value terms, Chile ($X) also remains the key foreign market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exports from Bolivia.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile stood at -10.2%.

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, declining by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 42%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +3.2% per year.

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

Imports into Bolivia

In 2022, approx. X units of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china were imported into Bolivia; declining by -58.2% on the year before. Overall, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 45% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china shrank to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Colombia (X units), China (X units) and Ecuador (X units) were the main suppliers of imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Bolivia, with a combined 83% share of total imports. Guatemala, Argentina and Brazil lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of +39.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), China ($X) and Ecuador ($X) constituted the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china suppliers to Bolivia, together comprising 89% of total imports. Argentina, Brazil and Guatemala lagged somewhat behind, together accounting for a further 7.3%.

In terms of the main suppliers, Brazil, with a CAGR of +32.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china amounted to $X per unit, jumping by 137% against the previous year. Over the period under review, the import price showed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform