Australia: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in Australia

In 2023, the Australian plastic sanitary ware market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The market value 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. Over the period under review, the market attained the peak level at $X in 2022, and then reduced in the following year.

Plastic Sanitary Ware Production in Australia

In value terms, plastic sanitary ware production fell modestly to $X in 2023 estimated in export price. Over the period under review, the total production indicated slight 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Plastic Sanitary Ware Exports

Exports from Australia

In 2023, after two years of growth, there was significant decline in overseas shipments of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware, when their volume decreased by X% to X units. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, plastic sanitary ware exports dropped dramatically to $X in 2023. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then contracted markedly in the following year.

Exports by Country

South Korea (X units), New Zealand (X units) and Papua New Guinea (X units) were the main destinations of plastic sanitary ware exports from Australia, with a combined X% share of total exports. The United States, the UK, Fiji, the United Arab Emirates, France and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Fiji (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic sanitary ware exported from Australia were New Zealand ($X), Papua New Guinea ($X) and South Korea ($X), together comprising X% of total exports. France, the United States, the UK, Fiji, the United Arab Emirates and China lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Fiji, with a CAGR of X%, recorded the highest rates of growth with regard to 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 sanitary ware export price stood at $X per unit in 2023, which is down by X% against the previous year. In general, the export price, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Sanitary Ware Imports

Imports into Australia

In 2023, purchases abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. Overall, total imports indicated mild growth from 2012 to 2023: its volume 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. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, plastic sanitary ware imports dropped sharply to $X in 2023. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then reduced dramatically in the following year.

Imports by Country

In 2023, China (X units) constituted the largest supplier of plastic sanitary ware to Australia, with a X% share of total imports. Moreover, plastic sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware to Australia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

The average plastic sanitary ware import price stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the import price, however, saw a noticeable increase. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked at $X per unit in 2022, and then reduced modestly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform