South-Eastern Asia: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in South-Eastern Asia

In 2021, the Southeast Asian plastic lavatory seat market decreased by -4.9% to $X, falling for the second consecutive year after five years of growth. The total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.0% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Plastic Lavatory Seat Production in South-Eastern Asia

In value terms, plastic lavatory seat production fell modestly to $X in 2021 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +76.6% against 2014 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2020, and then fell modestly in the following year.

Plastic Lavatory Seat Exports

Exports in South-Eastern Asia

In 2021, approx. X units of plastic lavatory seats and covers were exported in South-Eastern Asia; with an increase of 18% on the year before. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 80%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, plastic lavatory seat exports skyrocketed to $X in 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 88% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Malaysia prevails in exports structure, reaching X units, which was near 89% of total exports in 2021. It was distantly followed by Thailand (X units), creating a 5.7% share of total exports. Vietnam (X units) held a minor share of total exports.

Malaysia was also the fastest-growing in terms of the plastic lavatory seats and covers exports, with a CAGR of +28.8% from 2012 to 2021. At the same time, Vietnam (+9.4%) and Thailand (+4.1%) displayed positive paces of growth. From 2012 to 2021, the share of Malaysia increased by +34 percentage points.

In value terms, Malaysia ($X) remains the largest plastic lavatory seat supplier in South-Eastern Asia, comprising 89% of total exports. The second position in the ranking was taken by Thailand ($X), with a 5.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Malaysia totaled +27.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+1.9% per year) and Vietnam (+6.7% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, flattening at the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2014 when the export price increased by 10%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-1.1%), while the other leaders experienced a decline in the export price figures.

Plastic Lavatory Seat Imports

Imports in South-Eastern Asia

In 2021, after three years of decline, there was significant growth in supplies from abroad of plastic lavatory seats and covers, when their volume increased by 12% to X units. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 13% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, plastic lavatory seat imports surged to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.2% 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 decreased by -11.0% against 2018 indices. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand was the major importer of plastic lavatory seats and covers in South-Eastern Asia, with the volume of imports reaching X units, which was near 50% of total imports in 2021. Indonesia (X units) took the second position in the ranking, followed by Vietnam (X units), the Philippines (X units) and Malaysia (X units). All these countries together held approx. 45% share of total imports. Singapore (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to plastic lavatory seat imports into Thailand stood at +9.2%. At the same time, Vietnam (+9.4%), Indonesia (+2.9%) and Singapore (+2.0%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +9.4% from 2012-2021. By contrast, Malaysia (-5.4%) and the Philippines (-8.1%) illustrated a downward trend over the same period. While the share of Thailand (+18 p.p.) and Vietnam (+5.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Malaysia (-8.2 p.p.) and the Philippines (-13.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported plastic lavatory seats and covers in South-Eastern Asia, comprising 48% of total imports. The second position in the ranking was held by Vietnam ($X), with a 17% share of total imports. It was followed by Indonesia, with a 14% share.

In Thailand, plastic lavatory seat imports increased at an average annual rate of +8.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+13.4% per year) and Indonesia (+3.0% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2021, with an increase of 6.3% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. As a result, import price reached the peak level of $X per unit; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Malaysia ($X per unit) and Vietnam ($X per unit), while Indonesia ($X per unit) and Thailand ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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