South-Eastern Asia: Market for Porcelain Or China Tableware And Kitchenware 2024

Market Size for Porcelain Or China Tableware And Kitchenware in South-Eastern Asia

The Southeast Asian porcelain tableware and kitchenware market contracted slightly to $X in 2022, waning by -4.7% against the previous year. Overall, consumption continues to indicate a pronounced descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Porcelain Or China Tableware And Kitchenware in South-Eastern Asia

In value terms, porcelain tableware and kitchenware production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Porcelain Or China Tableware And Kitchenware

Exports in South-Eastern Asia

In 2022, shipments abroad of porcelain or china tableware and kitchenware was finally on the rise to reach X tons after three years of decline. Total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 62% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, porcelain tableware and kitchenware exports rose rapidly to $X in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 28% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of porcelain or china tableware and kitchenware, namely Indonesia, Thailand and Malaysia, represented more than two-thirds of total export. Vietnam (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +3.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 95% share of total exports. Singapore and Vietnam lagged somewhat behind, together comprising a further 4.8%.

Among the main exporting countries, Vietnam, with a CAGR of +2.7%, saw 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

The export price in South-Eastern Asia stood at $X per ton in 2022, picking up by 2.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Porcelain Or China Tableware And Kitchenware

Imports in South-Eastern Asia

In 2022, overseas purchases of porcelain or china tableware and kitchenware were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, porcelain tableware and kitchenware imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a mild shrinkage. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons), distantly followed by Cambodia (X tons), Myanmar (X tons), Malaysia (X tons), Singapore (X tons) and Thailand (X tons) represented the key importers of porcelain or china tableware and kitchenware, together constituting 92% of total imports. The Philippines (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +27.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Cambodia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 50% share of total imports.

Cambodia, with a CAGR of +9.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2018 an increase of 20%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+28.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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