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

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

In 2022, after two years of growth, there was significant decline in the Indian market for ceramic wares for laboratory or technical uses, when its value decreased by -5.6% to $X. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Ceramic Wares For Laboratory Or Technical Uses in India

In value terms, production of ceramic wares for laboratory or technical uses reduced modestly to $X in 2022 estimated in export price. In general, production, however, showed a deep setback. The growth pace was the most rapid in 2014 when the production volume increased by 41% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from India

In 2022, overseas shipments of ceramic wares for laboratory or technical uses decreased by -14.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate perceptible growth. The pace of growth was the most pronounced in 2018 when exports increased by 189% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ceramic wares for laboratory or technical uses contracted significantly to $X in 2022. Overall, exports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2014 with an increase of 228%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Nepal (X tons) was the main destination for exports of ceramic wares for laboratory or technical uses from India, with a 43% share of total exports. Moreover, exports of ceramic wares for laboratory or technical uses to Nepal exceeded the volume sent to the second major destination, Russia (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Nepal stood at +29.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-44.7% per year) and the United States (-1.6% per year).

In value terms, the United States ($X), Bangladesh ($X) and Nepal ($X) constituted the largest markets for ceramic wares for laboratory or technical uses exported from India worldwide, together comprising 65% of total exports.

In terms of the main countries of destination, Bangladesh, with a CAGR of +46.1%, recorded the highest growth rate of 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, declining by -18.5% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 141%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Russia ($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 Bangladesh (+28.3%), 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 India

In 2022, supplies from abroad of ceramic wares for laboratory or technical uses decreased by -12% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 80% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, imports of ceramic wares for laboratory or technical uses surged to $X in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 84% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic wares for laboratory or technical uses supplier to India, with a 83% share of total imports. Moreover, imports of ceramic wares for laboratory or technical uses from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold. The third position in this ranking was held by the United States (X tons), with a 2.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+24.6% per year) and the United States (+41.9% per year).

In value terms, the largest ceramic wares for laboratory or technical uses suppliers to India were China ($X), Indonesia ($X) and Thailand ($X), with a combined 64% share of total imports.

Thailand, with a CAGR of +187.1%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for ceramic wares for laboratory or technical uses amounted to $X per ton, jumping by 87% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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