Thailand: Ceramic Statuette Market 2025

Ceramic Statuette Market Size in Thailand

The Thai ceramic statuette market contracted to $X in 2022, falling by -5% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 -17.4% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Ceramic Statuette Production in Thailand

In value terms, ceramic statuette production fell to $X in 2022 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -14.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 39%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Ceramic Statuette Exports

Exports by Country

The United States (X tons) was the main destination for ceramic statuette exports from Thailand, with a 40% share of total exports. Moreover, ceramic statuette exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-8.5% per year) and Italy (+20.9% per year).

In value terms, the largest markets for ceramic statuette exported from Thailand were the United States ($X), Italy ($X) and Germany ($X), together comprising 68% of total exports.

Among the main countries of destination, Italy, with a CAGR of +26.1%, saw 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 ceramic statuette export price amounted to $X per ton, increasing by 17% against the previous year. In general, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2019 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Japan ($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 the United States (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Statuette Imports

Imports into Thailand

In 2022, imports of ceramic statuettes and other ornamental articles into Thailand expanded modestly to X tons, increasing by 1.5% on the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 124% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, ceramic statuette imports soared to $X in 2022. Over the period under review, imports continue to indicate measured growth. The growth pace was the most rapid in 2018 with an increase of 277%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Japan (X tons) and Vietnam (X tons) were the main suppliers of ceramic statuette imports to Thailand, with a combined 87% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +18.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Vietnam ($X) were the largest ceramic statuette suppliers to Thailand, together comprising 70% of total imports. These countries were followed by Germany, which accounted for a further 2%.

Among the main suppliers, Germany, with a CAGR of +21.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ceramic statuette import price stood at $X per ton in 2022, growing by 43% against the previous year. In general, the import price saw a moderate increase. The most prominent rate of growth was recorded in 2016 an increase of 68%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a 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 Germany ($X per ton), while the price for Vietnam ($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 (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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