South-Eastern Asia: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in South-Eastern Asia

After two years of growth, the Southeast Asian plastic lavatory seat market decreased by X% to $X in 2023. The total consumption indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Plastic Lavatory Seat Production in South-Eastern Asia

In value terms, plastic lavatory seat production reached $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked in 2023 and is expected to retain growth in the near future.

Plastic Lavatory Seat Exports

Exports in South-Eastern Asia

In 2023, shipments abroad of plastic lavatory seats and covers increased by X% to X units, rising for the third year in a row after two years of decline. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, plastic lavatory seat exports soared to $X in 2023. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in the immediate term.

Exports by Country

Thailand represented the major exporting country with an export of around X units, which reached X% of total exports. Malaysia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%) and the Philippines (X%). Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Thailand (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual growth rate of value in Thailand stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2023, rising by X% against the previous year. Export price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plastic lavatory seat export price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Plastic Lavatory Seat Imports

Imports in South-Eastern Asia

In 2023, after two years of growth, there was significant decline in purchases abroad of plastic lavatory seats and covers, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, plastic lavatory seat imports shrank to $X in 2023. Total imports indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, Thailand (X units) was the key importer of plastic lavatory seats and covers, comprising X% of total imports. It was distantly followed by Indonesia (X units), Vietnam (X units), Malaysia (X units) and the Philippines (X units), together achieving a X% share of total imports. Singapore (X units) held a minor share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, Malaysia (X%), Singapore (X%) and the Philippines (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Indonesia (X p.p.), Singapore (X p.p.), Malaysia (X p.p.) and the Philippines (X p.p.) displayed negative dynamics.

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

From 2012 to 2023, the average annual growth rate of value in Thailand stood at X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform