China: Market for Porcelain Or China Tableware And Kitchenware 2024

Market Size for Porcelain Or China Tableware And Kitchenware in China

The Chinese porcelain tableware and kitchenware market reduced to $X in 2022, falling by -6.8% against the previous year. Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -21.4% against 2019 indices. Porcelain tableware and kitchenware consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Porcelain Or China Tableware And Kitchenware in China

In value terms, porcelain tableware and kitchenware production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 38% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Porcelain Or China Tableware And Kitchenware

Exports from China

In 2022, porcelain tableware and kitchenware exports from China contracted slightly to X tons, dropping by -2.3% compared with 2021. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 34%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, porcelain tableware and kitchenware exports reached $X in 2022. In general, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for porcelain tableware and kitchenware exports from China, accounting for a 19% share of total exports. Moreover, porcelain tableware and kitchenware exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The UK (X tons) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.5% per year) and the UK (-1.9% per year).

In value terms, the United States ($X) remains the key foreign market for porcelain or china tableware and kitchenware exports from China, comprising 19% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 7.3% share of total exports. It was followed by the UK, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+69.8% per year) and the UK (+6.0% per year).

Export Prices by Country

The average porcelain tableware and kitchenware export price stood at $X per ton in 2022, rising by 11% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +9.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, porcelain tableware and kitchenware export price increased by +44.6% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 42% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Vietnam ($X per ton), while the average price for exports to Russia ($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 Malaysia (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Porcelain Or China Tableware And Kitchenware

Imports into China

In 2022, the amount of porcelain or china tableware and kitchenware imported into China surged to X tons, increasing by 50% on 2021. In general, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, porcelain tableware and kitchenware imports skyrocketed to $X in 2022. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Japan (X tons) constituted the largest supplier of porcelain tableware and kitchenware to China, accounting for a 70% share of total imports. Moreover, porcelain tableware and kitchenware imports from Japan exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold. The third position in this ranking was held by Indonesia (X tons), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from Japan totaled +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+13.6% per year) and Indonesia (+9.9% per year).

In value terms, Japan ($X) constituted the largest supplier of porcelain or china tableware and kitchenware to China, comprising 30% of total imports. The second position in the ranking was taken by Thailand ($X), with a 13% share of total imports. It was followed by Indonesia, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+15.1% per year) and Indonesia (+10.7% per year).

Import Prices by Country

The average porcelain tableware and kitchenware import price stood at $X per ton in 2022, dropping by -20.1% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Indonesia ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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