Overview of the Global Market for Porcelain Or China Tableware And Kitchenware

Market Size for Porcelain Or China Tableware And Kitchenware

In 2022, the global porcelain tableware and kitchenware market decreased by -5.4% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level at $X in 2021, and then fell in the following year.

Production of Porcelain Or China Tableware And Kitchenware

In value terms, porcelain tableware and kitchenware production dropped to $X in 2022 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +51.9% against 2013 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by 17%. As a result, production attained the peak level of $X, and then contracted in the following year.

Exports of Porcelain Or China Tableware And Kitchenware

Exports

In 2022, the amount of porcelain or china tableware and kitchenware exported worldwide dropped slightly to X tons, approximately equating 2021. The total export volume increased at an average annual rate of +2.1% 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 2017 when exports increased by 28% against the previous year. The global exports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, porcelain tableware and kitchenware exports rose remarkably to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +8.8% 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 +40.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 49%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China prevails in exports structure, finishing at X tons, which was approx. 85% of total exports in 2022. The following exporters - Turkey (X tons) and Germany (X tons) - each finished at a 3.6% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to porcelain tableware and kitchenware exports from China stood at +2.3%. At the same time, Turkey (+8.4%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +8.4% from 2012-2022. Germany experienced a relatively flat trend pattern. While the share of China (+2.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest porcelain tableware and kitchenware supplier worldwide, comprising 79% of global exports. The second position in the ranking was held by Germany ($X), with a 3.7% share of global exports.

From 2012 to 2022, the average annual growth rate of value in China totaled +12.0%. In the other countries, the average annual rates were as follows: Germany (-0.7% per year) and Turkey (+11.0% per year).

Export Prices by Country

In 2022, the average porcelain tableware and kitchenware export price amounted to $X per ton, surging by 9.8% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, porcelain tableware and kitchenware export price increased by +37.7% against 2017 indices. The growth pace was the most rapid in 2015 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the other global leaders experienced more modest paces of growth.

Imports of Porcelain Or China Tableware And Kitchenware

Imports

In 2022, approx. X tons of porcelain or china tableware and kitchenware were imported worldwide; with a decrease of -2.2% on 2021. In general, imports showed a mild contraction. The pace of growth was the most pronounced in 2017 when imports increased by 14% against the previous year. Global imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, porcelain tableware and kitchenware imports rose to $X in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, global imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States (X tons) and Germany (X tons) represented roughly 16% of total imports in 2022. The following importers - France (X tons), Italy (X tons), the UK (X tons), Iraq (X tons), Russia (X tons), the Netherlands (X tons), the United Arab Emirates (X tons), Turkey (X tons), Spain (X tons), Indonesia (X tons) and Poland (X tons) - together made up 32% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of +17.2%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest porcelain tableware and kitchenware importing markets worldwide were the United States ($X), Germany ($X) and Iraq ($X), with a combined 21% share of global imports.

In terms of the main importing countries, Iraq, with a CAGR of +32.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average porcelain tableware and kitchenware import price stood at $X per ton in 2022, picking up by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2021 an increase of 10% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+13.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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