Report Update Nov 1, 2024

Sri Lanka - Plastic Baths, Shower-Baths, Sinks and Wash-Basins - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

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

Exports from Sri Lanka

Plastic bath or sink exports from Sri Lanka fell markedly to X units in 2022, which is down by -83.7% against 2021 figures. Over the period under review, exports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,373% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastic bath or sink exports contracted markedly to $X in 2022. In general, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,309%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Maldives (X units), Mali (X units) and the United Arab Emirates (X units) were the main destinations of plastic bath or sink exports from Sri Lanka.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +22.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Maldives ($X) and Mali ($X) constituted the largest markets for plastic bath or sink exported from Sri Lanka worldwide, with a combined 100% share of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +30.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic bath or sink export price stood at $X per unit in 2022, falling by -21.7% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic bath or sink export price increased by +13.5% against 2014 indices. The pace of growth was the most pronounced in 2014 an increase of 59% against the previous year. The export price peaked at $X per unit in 2021, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Mali ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Sri Lanka

In 2022, plastic bath or sink imports into Sri Lanka fell notably to X units, waning by -89.1% compared with 2021 figures. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 182%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, plastic bath or sink imports reduced remarkably to $X in 2022. In general, imports saw a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 158% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest plastic bath or sink supplier to Sri Lanka, with a 66% share of total imports. Moreover, plastic bath or sink imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by India (X units), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +49.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.0% per year) and India (-3.0% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic baths, shower-baths, sinks and wash-basins to Sri Lanka, comprising 85% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by India, with a 2% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +45.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.2% per year) and India (-2.0% per year).

Import Prices by Country

The average plastic bath or sink import price stood at $X per unit in 2022, rising by 21% against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic baths, shower-baths, sinks and wash-basins in the world?

The countries with the highest volumes of plastic bath or sink consumption in 2020 were China, the United States and India, together comprising 46% of global consumption. These countries were followed by Russia, Brazil, Pakistan, the UK, Mexico, Poland, Germany, France, South Korea and Iran, which together accounted for a further 28%.

What are the largest producers of plastic baths, shower-baths, sinks and wash-basins in the world?

China remains the largest plastic bath or sink producing country worldwide, accounting for 29% of total volume. Moreover, plastic bath or sink production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.9% share.

What are the leading suppliers of plastic baths, shower-baths, sinks and wash-basins to Sri Lanka?

In value terms, South Korea, Italy and India were the largest plastic bath or sink suppliers to Sri Lanka, together accounting for 81% of total imports.

What are the leading importers of plastic baths, shower-baths, sinks and wash-basins from Sri Lanka?

In value terms, Maldives remains the key foreign market for plastic bath or sink exports from Sri Lanka, comprising 99% of total exports. The second position in the ranking was occupied by Kenya $992), with a 1.3% share of total exports.

What is the average export price for plastic baths, shower-baths, sinks and wash-basins in Sri Lanka?

The average plastic bath or sink export price stood at $116 per unit in 2020, rising by 13% against the previous year.

What is the average import price for plastic baths, shower-baths, sinks and wash-basins in Sri Lanka?

The average plastic bath or sink import price stood at $209 per unit in 2020, picking up by 116% against the previous year.

This report provides an in-depth analysis of the market for plastic bath or sink in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22231250 - Plastic baths, shower-baths, sinks and wash-basins

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023