Australia: Common Pottery Market 2024

Common Pottery Market Size in Australia

In 2022, the Australian common pottery market increased by 6.1% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Common Pottery Exports

Exports from Australia

For the third consecutive year, Australia recorded growth in overseas shipments of common pottery, which increased by 19% to X tons in 2022. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 64%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, common pottery exports surged to $X in 2022. Overall, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 97% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

New Zealand (X tons) was the main destination for common pottery exports from Australia, with a 67% share of total exports. Moreover, common pottery exports to New Zealand exceeded the volume sent to the second major destination, Fiji (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+12.4% per year) and the United States (+14.3% per year).

In value terms, New Zealand ($X) remains the key foreign market for common pottery exports from Australia, comprising 67% of total exports. The second position in the ranking was taken by Fiji ($X), with a 5.7% share of total exports. It was followed by the United States, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand stood at +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+14.6% per year) and the United States (+16.7% per year).

Export Prices by Country

The average common pottery export price stood at $X per ton in 2022, rising by 18% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 20%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per ton) and the United States ($X per ton), while the average price for exports to Singapore ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Australia

In 2022, overseas purchases of common pottery increased by 6.8% to X tons, rising for the second consecutive year after three years of decline. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, common pottery imports rose sharply to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest common pottery supplier to Australia, with a 78% share of total imports. Moreover, common pottery imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by the UK (X tons), with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+14.0% per year) and the UK (+0.7% per year).

In value terms, China ($X) constituted the largest supplier of common pottery to Australia, comprising 78% of total imports. The second position in the ranking was taken by Thailand ($X), with a 6.4% share of total imports. It was followed by the UK, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+17.1% per year) and the UK (-1.4% per year).

Import Prices by Country

In 2022, the average common pottery import price amounted to $X per ton, remaining constant against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, common pottery import price increased by +82.9% against 2015 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 45%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per ton) and Japan ($X per ton), while the price for China ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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