Latin America and the Caribbean: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Latin America and the Caribbean

After three years of growth, the Latin American plastic lavatory seat market decreased by -0.7% to $X in 2021. The total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.3% against 2014 indices. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Plastic Lavatory Seat Production in Latin America and the Caribbean

In value terms, plastic lavatory seat production declined modestly to $X in 2021 estimated in export price. The total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +79.9% against 2014 indices. The most prominent rate of growth was recorded in 2016 with an increase of 40% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Plastic Lavatory Seat Exports

Exports in Latin America and the Caribbean

Plastic lavatory seat exports soared to X units in 2021, increasing by 55% against the previous year. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic lavatory seat exports surged to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico represented the key exporting country with an export of around X units, which reached 39% of total exports. Ecuador (X units) held the second position in the ranking, followed by Brazil (X units), Costa Rica (X units) and Colombia (X units). All these countries together took approx. 52% share of total exports. The following exporters - Peru (X units) and Guatemala (X units) - each amounted to a 7.5% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Guatemala (with a CAGR of +22.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest plastic lavatory seat supplier in Latin America and the Caribbean, comprising 49% of total exports. The second position in the ranking was taken by Brazil ($X), with a 22% share of total exports. It was followed by Ecuador, with a 13% share.

In Mexico, plastic lavatory seat exports expanded at an average annual rate of +12.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Brazil (+8.7% per year) and Ecuador (+5.3% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, jumping by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2019 an increase of 18%. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain 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 Brazil ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+6.2%), while the other leaders experienced more modest paces of growth.

Plastic Lavatory Seat Imports

Imports in Latin America and the Caribbean

In 2021, imports of plastic lavatory seats and covers in Latin America and the Caribbean soared to X units, surging by 22% compared with the previous year. The total import volume increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic lavatory seat imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +5.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico (X units), Chile (X units) and Brazil (X units) represented roughly 60% of total imports in 2021. The Dominican Republic (X units), Peru (X units), Colombia (X units), Argentina (X units), Panama (X units), El Salvador (X units), Guatemala (X units), Bolivia (X units), Ecuador (X units) and Jamaica (X units) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Dominican Republic (with a CAGR of +28.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Brazil ($X) and Chile ($X) constituted the countries with the highest levels of imports in 2021, with a combined 61% share of total imports. These countries were followed by Colombia, Argentina, the Dominican Republic, Peru, Bolivia, Panama, Guatemala, Ecuador, Jamaica and El Salvador, which together accounted for a further 28%.

Among the main importing countries, the Dominican Republic, with a CAGR of +20.1%, 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

In 2021, the import price in Latin America and the Caribbean amounted to $X per unit, surging by 9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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