Venezuela: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2025

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

Exports from Venezuela

In 2022, exports of plastic baths, shower-baths, sinks and wash-basins from Venezuela skyrocketed to X units, with an increase of 121% against 2021. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of 13,450%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastic bath or sink exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 10,303%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Dominican Republic (X units), Panama (X units) and Guyana (X units) were the main destinations of plastic bath or sink exports from Venezuela, with a combined 90% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +10.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Panama ($X) remains the key foreign market for plastic baths, shower-baths, sinks and wash-basins exports from Venezuela, comprising 66% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a 14% share of total exports. It was followed by Nicaragua, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama totaled +56.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+3.7% per year) and Nicaragua (-2.5% per year).

Export Prices by Country

In 2022, the average plastic bath or sink export price amounted to $X per unit, with a decrease of -29.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 82% against the previous year. The export price peaked at $X per unit in 2021, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($X per unit), while the average price for exports to Guyana ($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 Nicaragua (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Venezuela

In 2022, imports of plastic baths, shower-baths, sinks and wash-basins into Venezuela declined to X units, falling by -8.5% compared with the previous year. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 137%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic bath or sink imports declined to $X in 2022. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 160%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Hong Kong SAR (X units) and Panama (X units) were the main suppliers of plastic bath or sink imports to Venezuela, together accounting for 78% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +54.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Hong Kong SAR ($X), Panama ($X) and China ($X) were the largest plastic bath or sink suppliers to Venezuela, with a combined 73% share of total imports. Spain, Costa Rica, the United States, Brazil and Mexico lagged somewhat behind, together comprising a further 11%.

Among the main suppliers, Costa Rica, with a CAGR of +64.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average plastic bath or sink import price amounted to $X per unit, with an increase of 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2017 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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