ASEAN: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in ASEAN

In 2021, the ASEAN ceramic household article market decreased by -0.6% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced modestly in the following year.

Ceramic Household Article Production in ASEAN

In value terms, ceramic household article production declined modestly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 5.3% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then contracted in the following year.

Ceramic Household Article Exports

Exports in ASEAN

Ceramic household article exports dropped slightly to X tons in 2021, approximately mirroring the year before. Overall, exports showed a slight reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 13%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, ceramic household article exports skyrocketed to $X in 2021. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand was the major exporter of ceramic household articles and toilet articles in ASEAN, with the volume of exports finishing at X tons, which was approx. 51% of total exports in 2021. It was distantly followed by Indonesia (X tons), Malaysia (X tons) and Vietnam (X tons), together achieving a 45% share of total exports. Singapore (X tons) followed a long way behind the leaders.

Exports from Thailand decreased at an average annual rate of -1.5% from 2012 to 2021. At the same time, Singapore (+4.3%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +4.3% from 2012-2021. Malaysia and Vietnam experienced a relatively flat trend pattern. By contrast, Indonesia (-4.2%) illustrated a downward trend over the same period. Malaysia (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while Indonesia saw its share reduced by -6.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest ceramic household article supplier in ASEAN, comprising 53% of total exports. The second position in the ranking was held by Indonesia ($X), with a 25% share of total exports. It was followed by Vietnam, with an 8% share.

In Thailand, ceramic household article exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (-2.1% per year) and Vietnam (+3.4% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2021, growing by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the other leaders experienced more modest paces of growth.

Ceramic Household Article Imports

Imports in ASEAN

In 2021, approx. X tons of ceramic household articles and toilet articles were imported in ASEAN; surging by 4.7% against the year before. Overall, imports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 19%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, ceramic household article imports reached $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 37%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Indonesia (X tons), Thailand (X tons), Malaysia (X tons) and Cambodia (X tons) was the main importer of ceramic household articles and toilet articles in ASEAN, constituting 74% of total import. It was distantly followed by Myanmar (X tons), the Philippines (X tons) and Singapore (X tons), together creating a 22% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar (with a CAGR of +22.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic household article importing markets in ASEAN were Malaysia ($X), the Philippines ($X) and Singapore ($X), together comprising 53% of total imports. These countries were followed by Thailand, Myanmar, Cambodia and Indonesia, which together accounted for a further 36%.

Myanmar, with a CAGR of +19.2%, saw the highest rates of growth with regard to 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

In 2021, the import price in ASEAN amounted to $X per ton, with a decrease of -3.3% against the previous year. Import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 34% against the previous year. The level of import peaked at $X per ton in 2020, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+32.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform