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

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

The GCC plastic bath or sink market stood at $X in 2022, flattening at the previous year. In general, consumption showed a buoyant expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

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

In value terms, plastic bath or sink production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 68% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports in GCC

In 2022, after four years of decline, there was significant growth in overseas shipments of plastic baths, shower-baths, sinks and wash-basins, when their volume increased by 20% to X units. In general, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic bath or sink exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the main exporting country with an export of about X units, which resulted at 64% of total exports. Bahrain (X units) held the second position in the ranking, distantly followed by Saudi Arabia (X units). All these countries together took approx. 34% share of total exports. Oman (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic bath or sink exports from the United Arab Emirates stood at -13.0%. At the same time, Saudi Arabia (+19.6%) and Oman (+17.8%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of +19.6% from 2012-2022. By contrast, Bahrain (-9.3%) illustrated a downward trend over the same period. While the share of Bahrain (+5.9 p.p.), Saudi Arabia (+5.5 p.p.) and Oman (+1.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-12.9 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X), Bahrain ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2022, together comprising 98% of total exports. These countries were followed by Oman, which accounted for a further 2.1%.

Among the main exporting countries, Oman, with a CAGR of +24.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, growing by 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2013 when the export price increased by 32% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+5.3%), while the other leaders experienced more modest paces of growth.

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

Imports in GCC

Plastic bath or sink imports dropped notably to X units in 2022, waning by -25.7% on the previous year's figure. In general, imports showed a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, plastic bath or sink imports dropped to $X in 2022. Overall, imports showed a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Qatar represented the major importer of plastic baths, shower-baths, sinks and wash-basins in GCC, with the volume of imports recording X units, which was near 51% of total imports in 2022. The United Arab Emirates (X units) ranks second in terms of the total imports with a 33% share, followed by Oman (9.5%) and Kuwait (5.3%). Bahrain (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Qatar (with a CAGR of +4.5%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported plastic baths, shower-baths, sinks and wash-basins in GCC, comprising 36% of total imports. The second position in the ranking was held by Qatar ($X), with a 12% share of total imports. It was followed by Kuwait, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at -2.1%. In the other countries, the average annual rates were as follows: Qatar (+0.5% per year) and Kuwait (-0.4% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, increasing by 20% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by 30%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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 Bahrain ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform