Northern America: Common Pottery Market 2024

Common Pottery Market Size in Northern America

The North American common pottery market reached $X in 2022, with an increase of 2.1% against the previous year. The market value 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 level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Common Pottery Production in Northern America

In value terms, common pottery production contracted modestly to $X in 2022 estimated in export price. In general, production saw a deep setback. The pace of growth was the most pronounced in 2016 when the production volume increased by 5.1% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Common Pottery Exports

Exports in Northern America

In 2022, after two years of decline, there was significant growth in shipments abroad of common pottery, when their volume increased by 11% to X tons. Overall, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 21% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, common pottery exports expanded slightly to $X in 2022. Total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.5% 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 +54.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States represented the major exporting country with an export of about X tons, which amounted to 71% of total exports. It was distantly followed by Canada (X tons), committing a 29% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to common pottery exports from the United States stood at -14.1%. At the same time, Canada (+2.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +2.5% from 2012-2022. While the share of Canada (+22 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-22.4 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest common pottery supplier in Northern America, comprising 93% of total exports. The second position in the ranking was held by Canada ($X), with a 6.7% share of total exports.

In the United States, common pottery exports increased at an average annual rate of +3.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, dropping by -6.2% against the previous year. Overall, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 an increase of 184%. The level of export peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.5%).

Common Pottery Imports

Imports in Northern America

In 2022, after two years of growth, there was significant decline in purchases abroad of common pottery, when their volume decreased by -5.3% to X tons. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, common pottery imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The United States prevails in imports structure, amounting to X tons, which was near 92% of total imports in 2022. It was distantly followed by Canada (X tons), generating an 8.3% share of total imports.

The United States was also the fastest-growing in terms of the common pottery imports, with a CAGR of +6.4% from 2012 to 2022. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States increased by +5.8 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported common pottery in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports.

In the United States, common pottery imports increased at an average annual rate of +4.7% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, picking up by 12% against the previous year. Overall, the import price, however, recorded a slight curtailment. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.6%).

Source: IndexBox Platform

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