Thailand: Market for Porcelain Or China Tableware And Kitchenware 2024

Market Size for Porcelain Or China Tableware And Kitchenware in Thailand

The Thai porcelain tableware and kitchenware market contracted to $X in 2022, with a decrease of -12.9% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Porcelain Or China Tableware And Kitchenware in Thailand

In value terms, porcelain tableware and kitchenware production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 27% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Porcelain Or China Tableware And Kitchenware

Exports from Thailand

In 2022, overseas shipments of porcelain or china tableware and kitchenware increased by 9.7% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, porcelain tableware and kitchenware exports totaled $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Denmark (X tons) and China (X tons) were the main destinations of porcelain tableware and kitchenware exports from Thailand, with a combined 40% share of total exports. Lao People's Democratic Republic, Belgium, Germany, the Netherlands, Japan, Italy, Spain, Malaysia, India and Brazil lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lao People's Democratic Republic (with a CAGR of +109.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for porcelain tableware and kitchenware exported from Thailand were Denmark ($X), the United States ($X) and China ($X), with a combined 48% share of total exports. Germany, Japan, Italy, Belgium, the Netherlands, Spain, Brazil, Malaysia, Lao People's Democratic Republic and India lagged somewhat behind, together accounting for a further 31%.

In terms of the main countries of destination, Lao People's Democratic Republic, with a CAGR of +70.4%, 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

The average porcelain tableware and kitchenware export price stood at $X per ton in 2022, with a decrease of -3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 25%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Lao People's Democratic Republic ($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 Japan (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Porcelain Or China Tableware And Kitchenware

Imports into Thailand

In 2022, supplies from abroad of porcelain or china tableware and kitchenware decreased by -41.1% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted measured growth. The pace of growth appeared the most rapid in 2013 with an increase of 57%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, porcelain tableware and kitchenware imports contracted modestly to $X in 2022. Overall, total imports indicated a temperate expansion 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, imports decreased by -2.3% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of 25% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main porcelain tableware and kitchenware supplier to Thailand, with a 90% share of total imports. It was followed by Malaysia (X tons), with a 2.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+52.2% per year) and Japan (-4.5% per year).

In value terms, China ($X) constituted the largest supplier of porcelain or china tableware and kitchenware to Thailand, comprising 59% of total imports. The second position in the ranking was held by Japan ($X), with a 6.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-5.0% per year) and Malaysia (+37.3% per year).

Import Prices by Country

In 2022, the average porcelain tableware and kitchenware import price amounted to $X per ton, surging by 64% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :