United Kingdom: Ceramic Statuette Market 2024

Ceramic Statuette Market Size in the UK

The UK ceramic statuette market declined to $X in 2022, reducing by -4.4% against the previous year. Overall, consumption, however, enjoyed a prominent increase. As a result, consumption reached the peak level of $X, and then declined modestly in the following year.

Ceramic Statuette Production in the UK

In value terms, ceramic statuette production rose modestly to $X in 2022 estimated in export price. Overall, production, however, posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 106%. Ceramic statuette production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Ceramic Statuette Exports

Exports from the UK

In 2022, shipments abroad of ceramic statuettes and other ornamental articles decreased by -25.4% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted a slight increase. The pace of growth appeared the most rapid in 2015 with an increase of 109% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, ceramic statuette exports contracted to $X in 2022. Overall, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 107%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for ceramic statuette exports from the UK, accounting for a 32% share of total exports. Moreover, ceramic statuette exports to the Netherlands exceeded the volume sent to the second major destination, Ireland (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to +41.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-10.2% per year) and France (-0.6% per year).

In value terms, the largest markets for ceramic statuette exported from the UK were the United States ($X), the Netherlands ($X) and Ireland ($X), together comprising 39% of total exports.

The Netherlands, with a CAGR of +36.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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, surging by 14% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2020 an increase of 95% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 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 Japan ($X per ton), while the average price for exports to the Czech Republic ($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 France (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Statuette Imports

Imports into the UK

After four years of growth, supplies from abroad of ceramic statuettes and other ornamental articles decreased by -15.9% to X tons in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.7% 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 +51.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of X tons, and then fell markedly in the following year.

In value terms, ceramic statuette imports fell modestly to $X in 2022. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic statuette supplier to the UK, accounting for a 48% share of total imports. Moreover, ceramic statuette imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+22.8% per year) and Germany (+7.3% per year).

In value terms, China ($X) constituted the largest supplier of ceramic statuettes and other ornamental articles to the UK, comprising 63% of total imports. The second position in the ranking was taken by Portugal ($X), with a 15% share of total imports. It was followed by Germany, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+26.4% per year) and Germany (+6.6% per year).

Import Prices by Country

The average ceramic statuette import price stood at $X per ton in 2022, jumping by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price reached 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 Thailand ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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