South-Eastern Asia: Market for Sanitary Ware And Parts Of Iron Or Steel 2024

Market Size for Sanitary Ware And Parts Of Iron Or Steel in South-Eastern Asia

The Southeast Asian market for sanitary ware and parts of iron or steel reached $X in 2022, surging by X% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Production of Sanitary Ware And Parts Of Iron Or Steel in South-Eastern Asia

In value terms, iron or steel sanitary ware production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports in South-Eastern Asia

In 2022, shipments abroad of sanitary ware and parts of iron or steel increased by X% to X units, rising for the fourth year in a row after four years of decline. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, iron or steel sanitary ware exports soared to $X in 2022. Total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand represented the major exporting country with an export of about X units, which amounted to X% of total exports. Malaysia (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%), Singapore (X%) and Myanmar (X%). Indonesia (X units) took a relatively small share of total exports.

Thailand was also the fastest-growing in terms of the sanitary ware and parts of iron or steel exports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%), Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, Singapore (X%) and Myanmar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Myanmar and Vietnam increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest iron or steel sanitary ware supplying countries in South-Eastern Asia were Thailand ($X), Vietnam ($X) and Singapore ($X), together accounting for X% of total exports. Malaysia, Indonesia and Myanmar lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, waning by X% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports in South-Eastern Asia

In 2022, after four years of growth, there was decline in supplies from abroad of sanitary ware and parts of iron or steel, when their volume decreased by X% to X units. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2017 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, iron or steel sanitary ware imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Thailand was the largest importer of sanitary ware and parts of iron or steel in South-Eastern Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. Indonesia (X units) held the second position in the ranking, followed by Malaysia (X units), Singapore (X units), Vietnam (X units) and the Philippines (X units). All these countries together took approx. X% share of total imports.

Thailand was also the fastest-growing in terms of the sanitary ware and parts of iron or steel imports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Indonesia experienced a relatively flat trend pattern. By contrast, Singapore (X%) and the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), Singapore ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, recorded a mild setback. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the 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 Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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