Southern Asia: Enamels And Glazes Market 2025

Enamels And Glazes Market Size in Southern Asia

After two years of decline, the South Asian enamels and glazes market increased by 3.3% to $X in 2021. The market value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Enamels And Glazes Production in Southern Asia

In value terms, enamels and glazes production reached $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 7.7%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Enamels And Glazes Exports

Exports in Southern Asia

In 2021, overseas shipments of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by 31% to X tons, rising for the sixth consecutive year after two years of decline. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2013 when exports increased by 2,612%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, enamels and glazes exports surged to $X in 2021. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 1,890%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The shipments of the one major exporters of vitrifiable enamels and glazes for ceramics, enamelling or glass, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the vitrifiable enamels and glazes for ceramics, enamelling or glass exports, with a CAGR of +88.8% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest enamels and glazes supplier in Southern Asia.

In India, enamels and glazes exports increased at an average annual rate of +74.6% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, declining by -4.6% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by 34%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -7.5% per year.

Enamels And Glazes Imports

Imports in Southern Asia

After two years of decline, overseas purchases of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by 54% to X tons in 2021. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, enamels and glazes imports skyrocketed to $X in 2021. Over the period under review, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Bangladesh was the major importing country with an import of about X tons, which resulted at 76% of total imports. It was distantly followed by Sri Lanka (X tons), achieving a 19% share of total imports. India (X tons) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to enamels and glazes imports into Bangladesh stood at +13.3%. At the same time, Sri Lanka (+17.8%) and India (+1.1%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +17.8% from 2012-2021. From 2012 to 2021, the share of Sri Lanka increased by +5.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) constitutes the largest market for imported vitrifiable enamels and glazes for ceramics, enamelling or glass in Southern Asia, comprising 58% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with an 18% share of total imports.

In Bangladesh, enamels and glazes imports expanded at an average annual rate of +12.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (+14.8% per year) and India (+9.4% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, rising by 13% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 17%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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