U.S.: Common Pottery Market 2024

Common Pottery Market Size in the U.S.

The U.S. common pottery market stood at $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Common pottery consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Common Pottery Production in the U.S.

In value terms, common pottery production contracted modestly to $X in 2022. In general, production saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 5.1%. 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 from the U.S.

In 2022, after two years of decline, there was significant growth in shipments abroad of common pottery, when their volume increased by 5.6% to X tons. Over the period under review, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of 22%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, common pottery exports rose slightly to $X in 2022. In general, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +53.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 49%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Canada (X tons), Mexico (X tons) and the Netherlands (X tons) were the main destinations of common pottery exports from the United States, together accounting for 75% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +25.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for common pottery exports from the United States, comprising 54% of total exports. The second position in the ranking was taken by Mexico ($X), with a 26% share of total exports. It was followed by the Netherlands, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+24.7% per year) and the Netherlands (+45.9% per year).

Export Prices by Country

The average common pottery export price stood at $X per ton in 2022, with a decrease of -2% against the previous year. Over the period under review, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 an increase of 235% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Qatar ($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 Canada (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into the U.S.

After two years of growth, supplies from abroad of common pottery decreased by -6.7% to X tons in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% 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 +65.1% against 2017 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, common pottery imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +4.7% 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 reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of common pottery to the United States, accounting for a 91% share of total imports. It was followed by Portugal (X tons), with a 2.5% share of total imports. The third position in this ranking was taken by Thailand (X tons), with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+0.1% per year) and Thailand (+1.8% per year).

In value terms, China ($X) constituted the largest supplier of common pottery to the United States, comprising 82% of total imports. The second position in the ranking was taken by Portugal ($X), with a 4.6% share of total imports. It was followed by Thailand, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+4.7% per year) and Thailand (+6.2% per year).

Import Prices by Country

The average common pottery import price stood at $X per ton in 2022, picking up by 13% against the previous year. Over the period under review, the import price, however, recorded a mild setback. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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