Asia: Ceramic Tile Market 2024

Ceramic Tile Market Size in Asia

The Asian ceramic tile market shrank to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ceramic Tile Production in Asia

In value terms, ceramic tile production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 12% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Ceramic Tile Exports

Exports in Asia

Ceramic tile exports stood at X square meters in 2022, with an increase of 3.6% on the year before. The total export volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 6.7%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, ceramic tile exports expanded notably to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

China was the key exporter of ceramic tiles in Asia, with the volume of exports resulting at X square meters, which was approx. 49% of total exports in 2022. India (X square meters) ranks second in terms of the total exports with a 28% share, followed by Turkey (8.4%). Iran (X square meters), Thailand (X square meters), the United Arab Emirates (X square meters) and Vietnam (X square meters) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Iran (with a CAGR of +35.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic tile supplying countries in Asia were China ($X), India ($X) and Turkey ($X), with a combined 86% share of total exports.

In terms of the main exporting countries, India, with a CAGR of +32.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per square meter in 2022, growing by 7.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while Iran ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the other leaders experienced mixed trends in the export price figures.

Ceramic Tile Imports

Imports in Asia

In 2022, imports of ceramic tiles in Asia dropped modestly to X square meters, waning by -3% against 2021 figures. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 15%. The volume of import peaked at X square meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, ceramic tile imports rose notably to $X in 2022. The total import value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 11%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of ceramic tile imports in 2022 were South Korea (X square meters), Saudi Arabia (X square meters), the Philippines (X square meters), Thailand (X square meters), Israel (X square meters), the United Arab Emirates (X square meters), Malaysia (X square meters), Cambodia (X square meters), Myanmar (X square meters), Iraq (X square meters), Indonesia (X square meters) and Japan (X square meters), together accounting for 62% of total import. Oman (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +14.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic tile importing markets in Asia were Israel ($X), the Philippines ($X) and Saudi Arabia ($X), together accounting for 33% of total imports. South Korea, the United Arab Emirates, Thailand, Japan, Indonesia, Myanmar, Cambodia, Iraq, Malaysia and Oman lagged somewhat behind, together comprising a further 37%.

Myanmar, with a CAGR of +17.9%, 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 2022, the import price in Asia amounted to $X per square meter, picking up by 14% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per square meter), while Malaysia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+8.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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