Mexico: Market for Plastics Bidets, Lavatory Pans and Flushing Cisterns 2024

Market Size for Plastics Bidets, Lavatory Pans and Flushing Cisterns in Mexico

In 2021, the Mexican market for plastics bidets, lavatory pans and flushing cisterns increased by 5.1% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded resilient growth. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Plastics Bidets, Lavatory Pans and Flushing Cisterns in Mexico

In value terms, production of plastics bidets, lavatory pans and flushing cisterns expanded slightly to $X in 2021 estimated in export price. In general, production saw strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 54% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Exports from Mexico

In 2021, shipments abroad of plastics bidets, lavatory pans and flushing cisterns increased by 12% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. Over the period under review, the exports of hit record highs at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of plastics bidets, lavatory pans and flushing cisterns shrank to $X in 2021. Overall, exports posted strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The United States (X units) was the main destination for exports of plastics bidets, lavatory pans and flushing cisterns from Mexico, accounting for a 90% share of total exports. It was followed by Guatemala (X units), with a 2.8% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+35.8% per year) and Costa Rica (+25.6% per year).

In value terms, the United States ($X) remains the key foreign market for plastics bidets, lavatory pans and flushing cisterns exports from Mexico, comprising 88% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+30.3% per year) and Costa Rica (+18.9% per year).

Export Prices by Country

In 2021, the average export price for plastics bidets, lavatory pans and flushing cisterns amounted to $X per unit, which is down by -20.7% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 94%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Costa Rica ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.5%), while the prices for the other major destinations experienced a decline.

Imports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Imports into Mexico

In 2021, imports of plastics bidets, lavatory pans and flushing cisterns into Mexico soared to X units, with an increase of 37% compared with the previous year. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +51.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastics bidets, lavatory pans and flushing cisterns soared to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of plastics bidets, lavatory pans and flushing cisterns to Mexico, accounting for a 77% share of total imports. Moreover, imports of plastics bidets, lavatory pans and flushing cisterns from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.5% per year) and Germany (-7.5% per year).

In value terms, China ($X) constituted the largest supplier of plastics bidets, lavatory pans and flushing cisterns to Mexico, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.6% per year) and Germany (-10.0% per year).

Import Prices by Country

The average import price for plastics bidets, lavatory pans and flushing cisterns stood at $X per unit in 2021, growing by 8.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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