Southern Asia: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Southern Asia

After seven years of growth, the South Asian plastic lavatory seat market decreased by -3% to $X in 2021. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% 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 increased by +54.6% against 2013 indices. The level of consumption peaked at $X in 2020, and then fell in the following year.

Plastic Lavatory Seat Production in Southern Asia

In value terms, plastic lavatory seat production contracted modestly to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 +53.4% against 2013 indices. The growth pace was the most rapid in 2016 with an increase of 16%. The level of production peaked at $X in 2020, and then shrank in the following year.

Plastic Lavatory Seat Exports

Exports in Southern Asia

In 2021, approx. X units of plastic lavatory seats and covers were exported in Southern Asia; picking up by 63% against 2020. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 140%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, plastic lavatory seat exports soared to $X in 2021. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 89% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Exports by Country

In 2021, India (X units) was the largest exporter of plastic lavatory seats and covers in Southern Asia, generating 100% of total export.

India was also the fastest-growing in terms of the plastic lavatory seats and covers exports, with a CAGR of +50.3% from 2012 to 2021. From 2012 to 2021, the share of India increased by +24 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest plastic lavatory seat supplier in Southern Asia.

In India, plastic lavatory seat exports expanded at an average annual rate of +43.8% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, reducing by -2.2% against the previous year. Over the period under review, the export price showed a pronounced decrease. The growth pace was the most rapid in 2014 an increase of 11% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -4.3% per year.

Plastic Lavatory Seat Imports

Imports in Southern Asia

After two years of decline, supplies from abroad of plastic lavatory seats and covers increased by 39% to X units in 2021. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic lavatory seat imports surged to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India was the largest importer of plastic lavatory seats and covers in Southern Asia, with the volume of imports finishing at X units, which was approx. 53% of total imports in 2021. Bangladesh (X units) took the second position in the ranking, distantly followed by Sri Lanka (X units). All these countries together held near 41% share of total imports. The following importers - Nepal (X units) and Pakistan (X units) - each reached a 4.6% share of total imports.

Imports into India increased at an average annual rate of +5.3% from 2012 to 2021. At the same time, Bangladesh (+19.3%), Nepal (+16.1%), Sri Lanka (+13.9%) and Pakistan (+8.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +19.3% from 2012-2021. From 2012 to 2021, the share of Bangladesh and Sri Lanka increased by +14 and +5.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported plastic lavatory seats and covers in Southern Asia, comprising 61% of total imports. The second position in the ranking was held by Bangladesh ($X), with an 18% share of total imports. It was followed by Sri Lanka, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +1.8%. In the other countries, the average annual rates were as follows: Bangladesh (+22.4% per year) and Sri Lanka (+23.6% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, jumping by 27% against the previous year. In general, the import price, however, recorded a noticeable downturn. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, 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 India ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+8.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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