China: Common Pottery Market 2024

Common Pottery Market Size in China

The Chinese common pottery market expanded significantly to $X in 2022, picking up by 6.3% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Common Pottery Production in China

In value terms, common pottery production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by 33%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Common Pottery Exports

Exports from China

In 2022, the amount of common pottery exported from China shrank notably to X tons, reducing by -17% on the previous year. In general, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +6.2% 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 +5.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of X tons, and then plummeted in the following year.

In value terms, common pottery exports contracted modestly to $X in 2022. Overall, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 49% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

The United States (X tons) was the main destination for common pottery exports from China, accounting for a 33% share of total exports. Moreover, common pottery exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. Germany (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+27.9% per year) and Germany (+26.0% per year).

In value terms, the United States ($X) remains the key foreign market for common pottery exports from China, comprising 37% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.1% share of total exports. It was followed by Germany, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+30.2% per year) and Germany (+26.5% per year).

Export Prices by Country

In 2022, the average common pottery export price amounted to $X per ton, increasing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.5%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 27%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Kazakhstan ($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 Canada (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into China

Common pottery imports into China contracted to X tons in 2022, reducing by -10.3% on the previous year's figure. Overall, imports, however, saw a perceptible expansion. The growth pace was the most rapid in 2015 with an increase of 43%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, common pottery imports reduced to $X in 2022. In general, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

Thailand (X tons), Japan (X tons) and Portugal (X tons) were the main suppliers of common pottery imports to China, with a combined 86% share of total imports. South Korea, the UK, France, Vietnam, Romania and Turkey lagged somewhat behind, together comprising a further 9.3%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +45.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Thailand ($X) and the UK ($X) appeared to be the largest common pottery suppliers to China, with a combined 75% share of total imports.

The UK, with a CAGR of +55.8%, recorded the highest growth rate of the value of imports, in terms of 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 common pottery import price stood at $X per ton in 2022, picking up by 11% against the previous year. Over the period under review, the import price enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2019 an increase of 55%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for South Korea ($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 (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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