Northern America: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Northern America

The North American plastic bath or sink market surged to $X in 2022, growing by 17% against the previous year. Over the period under review, consumption recorded prominent growth. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Northern America

In value terms, plastic bath or sink production dropped to $X in 2022 estimated in export price. The total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 64%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Exports in Northern America

In 2022, shipments abroad of plastic baths, shower-baths, sinks and wash-basins increased by 57% to X units, rising for the third consecutive year after two years of decline. Overall, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic bath or sink exports surged to $X in 2022. The total export value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

The United States represented the key exporting country with an export of around X units, which recorded 72% of total exports. It was distantly followed by Canada (X units), committing a 28% share of total exports.

The United States was also the fastest-growing in terms of the plastic baths, shower-baths, sinks and wash-basins exports, with a CAGR of +13.9% from 2012 to 2022. At the same time, Canada (+6.2%) displayed positive paces of growth. From 2012 to 2022, the share of the United States increased by +16 percentage points.

In value terms, the largest plastic bath or sink supplying countries in Northern America were Canada ($X) and the United States ($X).

Among the main exporting countries, Canada, with a CAGR of +7.3%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, falling by -25.9% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2018 when the export price increased by 13% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.0%).

Imports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Imports in Northern America

For the fourth year in a row, Northern America recorded growth in overseas purchases of plastic baths, shower-baths, sinks and wash-basins, which increased by 74% to X units in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic bath or sink imports skyrocketed to $X in 2022. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 33%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The United States dominates imports structure, reaching X units, which was approx. 93% of total imports in 2022. It was distantly followed by Canada (X units), mixing up a 6.7% share of total imports.

The United States was also the fastest-growing in terms of the plastic baths, shower-baths, sinks and wash-basins imports, with a CAGR of +29.7% from 2012 to 2022. At the same time, Canada (+4.8%) displayed positive paces of growth. While the share of the United States (+31 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-31 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported plastic baths, shower-baths, sinks and wash-basins in Northern America, comprising 77% of total imports. The second position in the ranking was taken by Canada ($X), with a 22% share of total imports.

In the United States, plastic bath or sink imports increased at an average annual rate of +14.4% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, waning by -33.7% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the import price increased by 12% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 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 Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.4%).

Source: IndexBox Platform

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