MERCOSUR: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in MERCOSUR

The MERCOSUR market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china shrank remarkably to $X in 2022, reducing by -64% against the previous year. Overall, consumption recorded a deep downturn. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in MERCOSUR

In value terms, production of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china dropped notably to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of 18%. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports in MERCOSUR

In 2022, overseas shipments of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china were finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt decrease. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china fell to $X in 2022. In general, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 19%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia represented the largest exporting country with an export of about X units, which reached 66% of total exports. It was distantly followed by Ecuador (X units), making up a 27% share of total exports. Argentina (X units) and Peru (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exports from Colombia stood at -7.4%. At the same time, Peru (+33.2%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +33.2% from 2012-2022. By contrast, Ecuador (-2.3%) and Argentina (-9.7%) illustrated a downward trend over the same period. Ecuador (+11 p.p.) and Peru (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while Colombia saw its share reduced by -2.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ecuador ($X) remains the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier in MERCOSUR, comprising 59% of total exports. The second position in the ranking was held by Colombia ($X), with a 19% share of total exports. It was followed by Argentina, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Ecuador totaled -4.2%. In the other countries, the average annual rates were as follows: Colombia (-27.0% per year) and Argentina (-11.2% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, with a decrease of -55.3% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 16% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+8.4%), while the other leaders experienced a decline in the export price figures.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports in MERCOSUR

In 2022, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china in MERCOSUR fell notably to X units, with a decrease of -19% against 2021 figures. Over the period under review, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china declined to $X in 2022. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Peru (X units) and Chile (X units) represented the largest importers of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china in 2022, reaching near 29% and 23% of total imports, respectively. It was distantly followed by Argentina (X units), Venezuela (X units), Brazil (X units), Uruguay (X units) and Colombia (X units), together creating a 39% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +11.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Peru ($X) and Venezuela ($X) constituted the countries with the highest levels of imports in 2022, with a combined 54% share of total imports. Brazil, Argentina, Colombia and Uruguay lagged somewhat behind, together accounting for a further 36%.

In terms of the main importing countries, Argentina, with a CAGR of +10.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, rising by 7% against the previous year. Overall, the import price, however, showed a slight decline. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform