China: Porcelain Technical Ware Market 2024

Porcelain Technical Ware Market Size in China

In 2022, the Chinese porcelain technical ware market decreased by -22.3% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, continues to indicate a pronounced expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Porcelain Technical Ware Production in China

In value terms, porcelain technical ware production shrank modestly to $X in 2022 estimated in export price. In general, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.4% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 14% against the previous year. Porcelain technical ware production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Porcelain Technical Ware Exports

Exports from China

In 2022, shipments abroad of porcelain ceramic wares for laboratory, technical, and chemical use increased by 2% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 22%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, porcelain technical ware exports reached $X in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for porcelain technical ware exports from China, with a 30% share of total exports. Moreover, porcelain technical ware exports to the United States exceeded the volume sent to the second major destination, Indonesia (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+12.2% per year) and the Netherlands (-4.4% per year).

In value terms, the United States ($X) remains the key foreign market for porcelain ceramic wares for laboratory, technical, and chemical use exports from China, comprising 16% of total exports. The second position in the ranking was held by South Korea ($X), with a 7.8% share of total exports. It was followed by Russia, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+16.7% per year) and Russia (+28.7% per year).

Export Prices by Country

In 2022, the average porcelain technical ware export price amounted to $X per ton, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2021 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Pakistan ($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 Vietnam (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Porcelain Technical Ware Imports

Imports into China

In 2022, purchases abroad of porcelain ceramic wares for laboratory, technical, and chemical use decreased by -38.9% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 179% against the previous year. As a result, imports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, porcelain technical ware imports reduced to $X in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 74%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Japan (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of porcelain technical ware imports to China, with a combined 51% share of total imports. The United States, Austria, South Korea, Germany and Indonesia lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +275.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Germany ($X) were the largest porcelain technical ware suppliers to China, together comprising 45% of total imports. South Korea, Indonesia, Austria, Thailand and Malaysia lagged somewhat behind, together comprising a further 36%.

In terms of the main suppliers, Indonesia, with a CAGR of +238.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average porcelain technical ware import price amounted to $X per ton, growing by 40% against the previous year. Over the period under review, the import price, however, showed a deep setback. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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