China: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in China

The Chinese plastic sanitary ware market rose sharply to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Plastic Sanitary Ware Production in China

In value terms, plastic sanitary ware production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Plastic Sanitary Ware Exports

Exports from China

In 2022, after five years of growth, there was significant decline in overseas shipments of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware, when their volume decreased by X% to X units. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2021, and then fell in the following year.

In value terms, plastic sanitary ware exports declined to $X in 2022. In general, exports, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

The United States (X units), Germany (X units) and the UK (X units) were the main destinations of plastic sanitary ware exports from China, together accounting for X% of total exports. Mexico, Australia, the Netherlands, Thailand, France, India, Poland, Italy, Brazil and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware exports from China, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and the UK (X% per year).

Export Prices by Country

The average plastic sanitary ware export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic sanitary ware export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The export price peaked in 2022 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 Australia ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, 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 more modest paces of growth.

Plastic Sanitary Ware Imports

Imports into China

After six years of growth, purchases abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then declined remarkably in the following year.

In value terms, plastic sanitary ware imports fell rapidly to $X in 2022. In general, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of plastic sanitary ware to China, accounting for a X% share of total imports. Moreover, plastic sanitary ware imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. Denmark (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Denmark (X% per year).

In value terms, Germany ($X), Japan ($X) and the Netherlands ($X) were the largest plastic sanitary ware suppliers to China, with a combined X% share of total imports. Vietnam, Italy, South Korea, Taiwan (Chinese), Austria, Denmark, the United States, India and Turkey lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, saw 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

The average plastic sanitary ware import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the import price showed a slight decrease. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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