From 2013 to 2023, Australia has seen a general increase in the import value of ceramic bathroom, kitchen, and other sanitary fixtures. The year-on-year variations show fluctuations with significant spikes in 2014 and 2018, and a minor decline in 2020. The actual import value in 2023 stands at 194.97 Million US Dollars. Notably, the CAGR for the last five years (up to 2023) averages 3.26%, showing moderate growth.
Looking forward from 2024, the forecast indicates a steady increase in import value, projected to reach 229.19 Million US Dollars by 2028. The forecasted 5-year CAGR is 2.54%, aligning with a more stable but slower growth compared to previous years.
- 2013: $100.65M, YoY: 6.64%, CAGR: 2.68%
- 2014: $128.97M, YoY: 28.14%, CAGR: 11.86%
- 2015: $130.32M, YoY: 1.04%, CAGR: 7.53%
- 2016: $135.74M, YoY: 4.16%, CAGR: 8.07%
- 2017: $143.20M, YoY: 5.49%, CAGR: 8.70%
- 2018: $166.04M, YoY: 15.95%, CAGR: 10.53%
- 2019: $167.94M, YoY: 1.15%, CAGR: 5.42%
- 2020: $166.16M, YoY: -1.06%, CAGR: 4.98%
- 2021: $181.73M, YoY: 9.37%, CAGR: 6.01%
- 2022: $188.41M, YoY: 3.68%, CAGR: 5.64%
- 2023: $194.97M, YoY: 3.48%, CAGR: 3.26%
- 2028 Forecast: $229.19M, Forecast 5-year CAGR: 2.54%, Forecast 5-year growth rate: 13.37%
Future trends to watch for include potential impacts of global supply chain adjustments, technological advancements in ceramic production, and shifts in consumer preferences toward more sustainable and innovative sanitary fixtures.
