EU: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

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

After three years of growth, the EU plastic bath or sink market decreased by -13.7% to $X in 2022. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.0% against 2014 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in the EU

In value terms, plastic bath or sink production contracted to $X in 2022 estimated in export price. The total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +26.8% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 18% against the previous year. The level of production peaked at $X in 2021, and then contracted in the following year.

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

Exports in the EU

In 2022, exports of plastic baths, shower-baths, sinks and wash-basins in the European Union stood at X units, flattening at the previous year. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, plastic bath or sink exports dropped slightly to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +91.1% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports attained the peak of $X, and then contracted modestly in the following year.

Exports by Country

In 2022, Spain (X units), distantly followed by Poland (X units), Italy (X units), Germany (X units), Slovakia (X units) and the Netherlands (X units) were the major exporters of plastic baths, shower-baths, sinks and wash-basins, together creating 75% of total exports. Portugal (X units), Croatia (X units), Belgium (X units), the Czech Republic (X units), France (X units) and Slovenia (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +37.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Poland ($X) were the countries with the highest levels of exports in 2022, together accounting for 48% of total exports. The Netherlands, Germany, Slovakia, the Czech Republic, France, Croatia, Belgium, Slovenia and Portugal lagged somewhat behind, together accounting for a further 42%.

Slovakia, with a CAGR of +30.1%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, with a decrease of -2.5% against the previous year. Overall, the export price showed a pronounced reduction. The pace of growth was the most pronounced in 2018 when the export price increased by 5% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.0%), while the other leaders experienced more modest paces of growth.

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

Imports in the EU

After six years of growth, overseas purchases of plastic baths, shower-baths, sinks and wash-basins decreased by -7.4% to X units in 2022. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +64.4% against 2012 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, plastic bath or sink imports shrank to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +82.2% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, France (X units), distantly followed by Germany (X units), Italy (X units), Poland (X units), Spain (X units), Belgium (X units) and the Netherlands (X units) represented the main importers of plastic baths, shower-baths, sinks and wash-basins, together making up 74% of total imports. The following importers - Austria (X units), the Czech Republic (X units), Romania (X units), Ireland (X units), Portugal (X units) and Sweden (X units) - together made up 16% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Portugal (with a CAGR of +11.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic bath or sink importing markets in the European Union were France ($X), Germany ($X) and the Netherlands ($X), together accounting for 49% of total imports. These countries were followed by Belgium, Italy, Poland, Austria, Spain, the Czech Republic, Romania, Sweden, Portugal and Ireland, which together accounted for a further 41%.

In terms of the main importing countries, Poland, with a CAGR of +11.3%, recorded the highest growth rate of 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 import price in the European Union stood at $X per unit in 2022, waning by -3.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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