Latin America and the Caribbean: Market for Plastics Bidets, Lavatory Pans and Flushing Cisterns 2024

Market Size for Plastics Bidets, Lavatory Pans and Flushing Cisterns in Latin America and the Caribbean

The Latin American market for plastics bidets, lavatory pans and flushing cisterns expanded rapidly to $X in 2021, increasing by 7.7% against the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Plastics Bidets, Lavatory Pans and Flushing Cisterns in Latin America and the Caribbean

In value terms, production of plastics bidets, lavatory pans and flushing cisterns rose markedly to $X in 2021 estimated in export price. The total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.1% 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 -6.9% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 18% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Exports in Latin America and the Caribbean

In 2021, overseas shipments of plastics bidets, lavatory pans and flushing cisterns increased by 9.2% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, exports recorded mild growth. The growth pace was the most rapid in 2020 when exports increased by 37%. Over the period under review, the exports of hit record highs at X units in 2015; afterwards, it flattened through to 2021.

In value terms, exports of plastics bidets, lavatory pans and flushing cisterns dropped to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.2% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, the exports reached the peak of $X, and then contracted slightly in the following year.

Exports by Country

In 2021, Mexico (X units) represented the key exporter of plastics bidets, lavatory pans and flushing cisterns, comprising 65% of total exports. It was distantly followed by Brazil (X units) and Guatemala (X units), together mixing up a 30% share of total exports.

Mexico experienced a relatively flat trend pattern with regard to volume of exports of plastics bidets, lavatory pans and flushing cisterns. At the same time, Guatemala (+7.8%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +7.8% from 2012-2021. Brazil experienced a relatively flat trend pattern. From 2012 to 2021, the share of Guatemala increased by +5.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest plastics bidets, lavatory pans and flushing cisterns supplier in Latin America and the Caribbean, comprising 65% of total exports. The second position in the ranking was taken by Brazil ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Mexico totaled +8.0%. In the other countries, the average annual rates were as follows: Brazil (+1.4% per year) and Guatemala (+10.4% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per unit, shrinking by -12.4% against the previous year. Export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the export price increased by 39% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2020, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Guatemala ($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 (+7.2%), while the other leaders experienced more modest paces of growth.

Imports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Imports in Latin America and the Caribbean

In 2021, approx. X units of plastics bidets, lavatory pans and flushing cisterns were imported in Latin America and the Caribbean; rising by 14% on the year before. The total import volume increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, imports of plastics bidets, lavatory pans and flushing cisterns soared to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of imports of plastics bidets, lavatory pans and flushing cisterns in 2021 were Mexico (X units), Chile (X units) and Brazil (X units), together accounting for 44% of total import. The Dominican Republic (X units) took an 8.5% share (based on physical terms) of total imports, which put it in second place, followed by Bolivia (7.9%) and El Salvador (5%). The following importers - Argentina (X units), Peru (X units), Colombia (X units), Paraguay (X units), Jamaica (X units), Uruguay (X units) and Guatemala (X units) - together made up 20% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Dominican Republic (with a CAGR of +18.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 48% of total imports. These countries were followed by the Dominican Republic, Argentina, Peru, Colombia, Bolivia, El Salvador, Paraguay, Uruguay, Guatemala and Jamaica, which together accounted for a further 37%.

The Dominican Republic, with a CAGR of +14.8%, saw the highest growth rate of the value of imports, among the main importing countries 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, with an increase of 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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