Asia: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Asia

The Asian ceramic household article market expanded notably to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Ceramic Household Article Production in Asia

In value terms, ceramic household article production stood at $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 remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Ceramic Household Article Exports

Exports in Asia

In 2023, ceramic household article exports in Asia shrank modestly to X tons, dropping by X% on 2022. Overall, exports, however, saw a perceptible increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, ceramic household article exports fell to $X in 2023. In general, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2022, and then declined in the following year.

Exports by Country

China dominates exports structure, accounting for X tons, which was near X% of total exports in 2023. The following exporters - Turkey (X tons) and Thailand (X tons) - each recorded a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. By contrast, Thailand (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ceramic household article supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while China ($X per ton) 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 other leaders experienced more modest paces of growth.

Ceramic Household Article Imports

Imports in Asia

Ceramic household article imports amounted to X tons in 2023, increasing by X% against the year before. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, ceramic household article imports shrank modestly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then shrank modestly in the following year.

Imports by Country

Kazakhstan (X tons), Iraq (X tons), Turkey (X tons), South Korea (X tons), the United Arab Emirates (X tons), Japan (X tons), Indonesia (X tons), Cambodia (X tons), Saudi Arabia (X tons), Thailand (X tons), India (X tons) and Uzbekistan (X tons) represented roughly X% of total imports in 2023. China (X tons) took a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United Arab Emirates ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Japan, Turkey, Kazakhstan, China, Saudi Arabia, India, Cambodia, Thailand, Uzbekistan and Indonesia lagged somewhat behind, together comprising a further X%.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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

In 2023, the import price in Asia amounted to $X per ton, dropping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then fell in the following year.

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 China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform