South-Eastern Asia: 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 South-Eastern Asia

The Southeast Asian market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china contracted slightly to $X in 2022, almost unchanged from the previous year. In general, consumption, however, recorded a prominent increase. As a result, consumption reached the peak level of $X, leveling off in the following year.

Production of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in South-Eastern Asia

In value terms, production of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 9.8% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in South-Eastern Asia

Exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china surged to X units in 2022, growing by 17% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 35%. Over the period under review, the exports of attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Vietnam prevails in china structure, reaching X units, which was approx. 96% of total exports in 2022. Thailand (X units) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exports, with a CAGR of +22.3% from 2012 to 2022. Thailand (-26.3%) illustrated a downward trend over the same period. Vietnam (+85 p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by -52.6% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) remains the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier in South-Eastern Asia, comprising 95% of total exports. The second position in the ranking was taken by Thailand ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam amounted to +23.8%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2020 when the export price increased by 9.2% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Vietnam totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.3%).

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

Imports in South-Eastern Asia

In 2022, the amount of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china imported in South-Eastern Asia rose to X units, increasing by 4.3% against the previous year. In general, imports posted strong growth. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china rose notably to $X in 2022. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 27% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Thailand (X units) was the key importer of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, mixing up 37% of total imports. Malaysia (X units) held the second position in the ranking, followed by the Philippines (X units), Vietnam (X units), Singapore (X units) and Indonesia (X units). All these countries together took near 61% share of total imports. Lao People's Democratic Republic (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of +25.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china importing markets in South-Eastern Asia were the Philippines ($X), Vietnam ($X) and Thailand ($X), together accounting for 64% of total imports.

Vietnam, with a CAGR of +30.6%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2022, the import price in South-Eastern Asia amounted to $X per unit, increasing by 9.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 14% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform