GCC: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in GCC

The GCC plastic sanitary ware market shrank to $X in 2023, declining by X% against the previous year. Over the period under review, consumption, however, posted a resilient increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Plastic Sanitary Ware Production in GCC

In value terms, plastic sanitary ware production rose to $X in 2023 estimated in export price. Overall, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Plastic Sanitary Ware Exports

Exports in GCC

In 2023, exports of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware in GCC skyrocketed to X units, increasing by X% on the previous year. In general, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, plastic sanitary ware exports soared to $X in 2023. Overall, exports, however, recorded a drastic downturn. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, finishing at X units, which was near X% of total exports in 2023. Saudi Arabia (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware exports, with a CAGR of X% from 2012 to 2023. Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest plastic sanitary ware supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an X% share of total exports.

In the United Arab Emirates, plastic sanitary ware exports decreased by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in GCC amounted to $X per unit, shrinking by X% against the previous year. Export price indicated buoyant 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 sanitary ware export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2023, 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 Saudi Arabia ($X per unit), while the United Arab Emirates stood at $X per unit.

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

Plastic Sanitary Ware Imports

Imports in GCC

In 2023, the amount of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware imported in GCC fell to X units, reducing by X% compared with the previous year's figure. Overall, imports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, plastic sanitary ware imports skyrocketed to $X in 2023. In general, imports recorded a perceptible reduction. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the key importing country with an import of around X units, which amounted to X% of total imports. Kuwait (X units) ranks second in terms of the total imports with a X% share, followed by Qatar (X%), Oman (X%) and Bahrain (X%).

From 2012 to 2023, average annual rates of growth with regard to plastic sanitary ware imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. Kuwait and Bahrain experienced a relatively flat trend pattern. By contrast, Oman (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Qatar, Kuwait and Bahrain 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 United Arab Emirates ($X) constitutes the largest market for imported plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In the United Arab Emirates, plastic sanitary ware imports decreased by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2023, jumping by X% against the previous year. Import price indicated slight 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 sanitary ware import price decreased by X% against 2021 indices. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Kuwait ($X per unit) and Oman ($X per unit), while Bahrain ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform