GCC: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in GCC

In 2021, the GCC plastic lavatory seat market was finally on the rise to reach $X after two years of decline. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Plastic Lavatory Seat Production in GCC

In value terms, plastic lavatory seat production expanded rapidly to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.8% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by 45%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Plastic Lavatory Seat Exports

Exports in GCC

Plastic lavatory seat exports fell rapidly to X units in 2021, waning by -18.7% against 2020 figures. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 252%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic lavatory seat exports amounted to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 197% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, reaching X units, which was approx. 93% of total exports in 2021. The following exporters - Saudi Arabia (X units) and Oman (X units) - together made up 7.1% of total exports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of exports of plastic lavatory seats and covers. Saudi Arabia (-10.8%) and Oman (-28.5%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+36 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Saudi Arabia (-2.6 p.p.) and Oman (-33.3 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest plastic lavatory seat supplier in GCC, comprising 92% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 5.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates stood at +4.7%. In the other countries, the average annual rates were as follows: Saudi Arabia (-1.7% per year) and Oman (-28.1% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2021, growing by 35% against the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic lavatory seat export price increased by +98.6% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.2%), while the other leaders experienced more modest paces of growth.

Plastic Lavatory Seat Imports

Imports in GCC

In 2021, overseas purchases of plastic lavatory seats and covers were finally on the rise to reach X units after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic lavatory seat imports soared to $X in 2021. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 37% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the key importer of plastic lavatory seats and covers in GCC, with the volume of imports recording X units, which was near 70% of total imports in 2021. It was distantly followed by Kuwait (X units), Oman (X units), Qatar (X units) and Bahrain (X units), together committing a 30% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, Qatar (+5.7%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +5.7% from 2012-2021. Kuwait experienced a relatively flat trend pattern. By contrast, Bahrain (-2.4%) and Oman (-11.9%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+12 p.p.) and Qatar (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Oman (-13.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported plastic lavatory seats and covers in GCC, comprising 49% of total imports. The second position in the ranking was taken by Qatar ($X), with a 10% share of total imports. It was followed by Kuwait, with a 9.6% share.

In the United Arab Emirates, plastic lavatory seat imports expanded at an average annual rate of +4.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Qatar (+0.2% per year) and Kuwait (+2.1% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per unit, with a decrease of -2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 when the import price increased by 25% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Qatar ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform