Puerto Rico: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Puerto Rico

In 2021, after two years of decline, there was significant growth in the Puerto Rican plastic lavatory seat market, when its value increased by 11% to $X. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.4% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Plastic Lavatory Seat Production in Puerto Rico

In value terms, plastic lavatory seat production stood at $X in 2021 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.2% against 2018 indices. The growth pace was the most rapid in 2014 when the production volume increased by 55% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Plastic Lavatory Seat Exports

Exports from Puerto Rico

In 2021, approx. less than X units of plastic lavatory seats and covers were exported from Puerto Rico; standing approx. at 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, plastic lavatory seat exports amounted to less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

China dominates exports structure, recording X units, which was approx. 53% of total exports in 2021. It was distantly followed by Bulgaria (X units), Malaysia (X units) and Germany (X units), together committing a 20% share of total exports. Turkey (X units), Italy (X units), the Netherlands (X units), Spain (X units), Austria (X units) and the United States (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +3.6% from 2012 to 2021. At the same time, Malaysia (+28.8%), the Netherlands (+18.8%), Turkey (+9.6%), Bulgaria (+8.4%), Austria (+6.6%), Germany (+3.8%) and Spain (+2.9%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +28.8% from 2012-2021. By contrast, Italy (-2.4%) and the United States (-3.7%) illustrated a downward trend over the same period. While the share of Malaysia (+4.4 p.p.) and Bulgaria (+2.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-1.7 p.p.), Italy (-1.7 p.p.) and China (-4.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic lavatory seat supplier from Puerto Rico, comprising 42% of global exports. The second position in the ranking was taken by Germany ($X), with a 10% share of global exports. It was followed by Bulgaria, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +3.9%. In the other countries, the average annual rates were as follows: Germany (+1.4% per year) and Bulgaria (+10.2% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, stabilizing at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

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 the United States ($X per thousand units), while Turkey ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the other leaders experienced more modest paces of growth.

Plastic Lavatory Seat Imports

Imports into Puerto Rico

In 2021, the amount of plastic lavatory seats and covers imported into Puerto Rico was estimated at less than X units, flattening at the previous year's figure. In general, imports recorded a relatively flat trend pattern.

In value terms, plastic lavatory seat imports amounted to less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

In 2021, Germany (X units), distantly followed by the UK (X units), the United States (X units) and France (X units) represented the major importers of plastic lavatory seats and covers, together making up 37% of total imports. The Netherlands (X units), Italy (X units), Poland (X units), Canada (X units), Thailand (X units), Spain (X units), Belgium (X units), Mexico (X units) and Russia (X units) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +12.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 36% share of total imports. These countries were followed by France, the Netherlands, Italy, Poland, Canada, Spain, Belgium, Russia, Thailand and Mexico, which together accounted for a further 26%.

Italy, with a CAGR of +11.4%, recorded 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 Puerto Rico amounted to less than $X per thousand units, leveling off at the previous year. In general, the import price saw a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per thousand units), while Mexico ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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