Southern Asia: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

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

The South Asian plastic bath or sink market reached $X in 2023, rising by X% against the previous year. 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. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Southern Asia

In value terms, plastic bath or sink production expanded to $X in 2023 estimated in export price. The total output 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. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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

Exports in Southern Asia

Plastic bath or sink exports skyrocketed to X units in 2023, growing by X% on the previous year's figure. Over the period under review, exports saw moderate growth. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, plastic bath or sink exports surged to $X in 2023. In general, exports showed prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Exports by Country

India prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2023. Bangladesh (X units) held a minor share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2023. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. India (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest plastic bath or sink supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in India totaled X%.

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per unit, shrinking by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. The level of export peaked at $X per unit in 2022, and then fell in the following year.

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 India ($X per unit), while Bangladesh amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%).

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

Imports in Southern Asia

In 2023, approx. X units of plastic baths, shower-baths, sinks and wash-basins were imported in Southern Asia; declining by X% on 2022 figures. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, plastic bath or sink imports fell notably to $X in 2023. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then shrank notably in the following year.

Imports by Country

India represented the largest importer of plastic baths, shower-baths, sinks and wash-basins in Southern Asia, with the volume of imports resulting at X units, which was near X% of total imports in 2023. Bangladesh (X units) held the second position in the ranking, followed by Pakistan (X units) and Nepal (X units). All these countries together held approx. X% share of total imports. The following importers - Maldives (X units), Afghanistan (X units) and Bhutan (X units) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to plastic bath or sink imports into India stood at X%. At the same time, Maldives (X%), Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. Pakistan experienced a relatively flat trend pattern. By contrast, Bhutan (X%) and Afghanistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Bangladesh, Nepal, Pakistan and Maldives increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported plastic baths, shower-baths, sinks and wash-basins in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in India was relatively modest. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per unit, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

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 India ($X per unit), while Maldives ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform