Overview of the Global Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins

The global plastic bath or sink market reduced to $X in 2022, flattening at the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the global market remained at a somewhat lower figure.

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

In value terms, plastic bath or sink production fell slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 18% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, global production growth remained at a somewhat lower figure.

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

Exports

In 2022, overseas shipments of plastic baths, shower-baths, sinks and wash-basins decreased by -1.5% to X units for the first time since 2016, thus ending a five-year rising trend. In general, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of X units, and then contracted modestly in the following year.

In value terms, plastic bath or sink exports shrank modestly to $X in 2022. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.9% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

China was the main exporter of plastic baths, shower-baths, sinks and wash-basins in the world, with the volume of exports finishing at X units, which was near 30% of total exports in 2022. Spain (X units) held the second position in the ranking, followed by the United States (X units), Poland (X units) and Egypt (X units). All these countries together took near 33% share of total exports. Italy (X units), Canada (X units), Turkey (X units), Mexico (X units), Germany (X units), Slovakia (X units) and the Netherlands (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +2.5% from 2012 to 2022. At the same time, Slovakia (+37.1%), Spain (+26.5%), the United States (+13.9%), Mexico (+12.2%), Italy (+8.5%), Poland (+7.9%), Canada (+6.2%), Turkey (+2.6%) and the Netherlands (+2.2%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the world, with a CAGR of +37.1% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Egypt (-6.1%) illustrated a downward trend over the same period. While the share of Spain (+11 p.p.), the United States (+5 p.p.), Poland (+2 p.p.) and Slovakia (+2 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of China (-5.5 p.p.) and Egypt (-10.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic bath or sink supplier worldwide, comprising 34% of global exports. The second position in the ranking was taken by Spain ($X), with an 8.9% share of global exports. It was followed by Italy, with a 6.7% share.

In China, plastic bath or sink exports expanded at an average annual rate of +5.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (+19.3% per year) and Italy (+6.2% 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 -3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 8.8%. The global export price peaked at $X per unit in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the United States ($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 (+3.0%), while the other global leaders experienced more modest paces of growth.

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

Imports

In 2022, global imports of plastic baths, shower-baths, sinks and wash-basins soared to X units, picking up by 15% against the previous year's figure. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.9% against 2015 indices. The growth pace was the most rapid in 2021 when imports increased by 26%. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, plastic bath or sink imports shrank slightly to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.2% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33%. As a result, imports attained the peak of $X, and then dropped slightly in the following year.

Imports by Country

In 2022, the United States (X units) was the largest importer of plastic baths, shower-baths, sinks and wash-basins, generating 36% of total imports. France (X units) ranks second in terms of the total imports with a 9% share, followed by Russia (5.1%) and Germany (5%). The UK (X units), Italy (X units), Canada (X units), Poland (X units), Japan (X units), Spain (X units), Belgium (X units), the Netherlands (X units) and Australia (X units) held a minor share of total imports.

The United States was also the fastest-growing in terms of the plastic baths, shower-baths, sinks and wash-basins imports, with a CAGR of +29.7% from 2012 to 2022. At the same time, France (+9.8%), Poland (+9.1%), Spain (+7.2%), the Netherlands (+6.4%), the UK (+5.5%), Japan (+5.0%), Italy (+4.9%), Canada (+4.8%), Australia (+2.5%) and Germany (+1.5%) displayed positive paces of growth. Belgium experienced a relatively flat trend pattern. By contrast, Russia (-6.9%) illustrated a downward trend over the same period. While the share of the United States (+31 p.p.) and France (+2.5 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Belgium (-2 p.p.), Germany (-3 p.p.) and Russia (-14.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), France ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together accounting for 34% of global imports.

Among the main importing countries, the United States, with a CAGR of +14.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic bath or sink import price amounted to $X per unit, dropping by -17.2% against the previous year. In general, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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