China: Ceramic Statuette Market 2024

Ceramic Statuette Market Size in China

In 2022, the Chinese ceramic statuette market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Ceramic statuette consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ceramic Statuette Production in China

In value terms, ceramic statuette production declined modestly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 9.3% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Ceramic Statuette Exports

Exports from China

In 2022, approx. X tons of ceramic statuettes and other ornamental articles were exported from China; with a decrease of -6.2% on 2021 figures. Overall, exports recorded a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ceramic statuette exports reduced slightly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 46%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for ceramic statuette exports from China, with a 44% share of total exports. Moreover, ceramic statuette exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+2.8% per year) and Germany (-5.9% per year).

In value terms, the United States ($X) remains the key foreign market for ceramic statuettes and other ornamental articles exports from China, comprising 41% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of total exports. It was followed by Germany, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+1.3% per year) and Germany (-4.8% per year).

Export Prices by Country

The average ceramic statuette export price stood at $X per ton in 2022, growing by 6.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Statuette Imports

Imports into China

After three years of growth, overseas purchases of ceramic statuettes and other ornamental articles decreased by -39.4% to X tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 53% against the previous year. Imports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, ceramic statuette imports contracted markedly to $X in 2022. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 38%. Imports peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

Germany (X tons), Japan (X tons) and Italy (X tons) were the main suppliers of ceramic statuette imports to China, together accounting for 54% of total imports. Vietnam, South Korea, Portugal and Thailand lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +45.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of ceramic statuettes and other ornamental articles to China, comprising 30% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by Portugal, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.5% per year) and Portugal (+11.5% per year).

Import Prices by Country

In 2022, the average ceramic statuette import price amounted to $X per ton, with an increase of 23% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 59% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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