China: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in China

In 2022, the Chinese market for ceramic wares for laboratory or technical uses decreased by -47.7% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption faced a abrupt setback. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Ceramic Wares For Laboratory Or Technical Uses in China

In value terms, production of ceramic wares for laboratory or technical uses contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 14%. Production of peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from China

In 2022, the amount of ceramic wares for laboratory or technical uses exported from China skyrocketed to X tons, growing by 16% against the previous year's figure. Overall, exports recorded a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of ceramic wares for laboratory or technical uses skyrocketed to $X in 2022. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 48%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

India (X tons), Russia (X tons) and Vietnam (X tons) were the main destinations of exports of ceramic wares for laboratory or technical uses from China, together comprising 30% of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +37.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), India ($X) and Russia ($X) appeared to be the largest markets for ceramic wares for laboratory or technical uses exported from China worldwide, with a combined 27% share of total exports.

Among the main countries of destination, Russia, with a CAGR of +31.4%, recorded the highest rates of growth with regard to 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

In 2022, the average export price for ceramic wares for laboratory or technical uses amounted to $X per ton, leveling off at the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 18%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, 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 India (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into China

In 2022, after six years of growth, there was significant decline in purchases abroad of ceramic wares for laboratory or technical uses, when their volume decreased by -34.1% to X tons. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when imports increased by 62% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, imports of ceramic wares for laboratory or technical uses dropped rapidly to $X in 2022. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 63%. As a result, imports reached the peak of $X, and then declined sharply in the following year.

Imports by Country

The United States (X tons), South Korea (X tons) and Japan (X tons) were the main suppliers of imports of ceramic wares for laboratory or technical uses to China, together accounting for 58% of total imports. Poland, Thailand, Switzerland, Hungary, Germany, Indonesia and Singapore lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +245.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic wares for laboratory or technical uses suppliers to China were South Korea ($X), Japan ($X) and the United States ($X), together comprising 65% of total imports. Switzerland, Poland, Germany, Thailand, Hungary, Indonesia and Singapore lagged somewhat behind, together accounting for a further 28%.

Hungary, with a CAGR of +225.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, increasing by 26% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 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 ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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