Ceramic Statuette Market

The ceramic statuette market is expected to decline over the next eight years, with a forecasted decrease in consumption volume and value. The market performance is expected to slightly decrease with an anticipated CAGR of -0.3%. Consumption of ceramic statuettes decreased in 2022 after two years of growth, reaching 2.2M tons. The United States was the largest consumer of ceramic statuettes, while China ranked second. In terms of production, the United States, China, and India were the top producers. Imports and exports showed a steady growth trend, with the United States being the largest importer and China the largest exporter. Prices varied by country, with China having the highest export price and the Netherlands the lowest.

Market Forecast

The ceramic statuette market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.3% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 2.2M tons by the end of 2030.

In value terms, the market is forecast to contract with an anticipated CAGR of +1.6% for the period from 2022 to 2030, which is projected to bring the market value to $11.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Ceramic Statuettes And Other Ornamental Articles

After two years of growth, consumption of ceramic statuettes and other ornamental articles decreased by -0.2% to 2.2M tons in 2022. The total consumption volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 8.1%. Over the period under review, global consumption reached the peak volume at 2.2M tons in 2021, and then fell modestly in the following year.

The global ceramic statuette market size stood at $10B in 2022, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a mild setback. Global consumption peaked at $11.1B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The country with the largest volume of ceramic statuette consumption was the United States (1.1M tons), accounting for 48% of total volume. Moreover, ceramic statuette consumption in the United States exceeded the figures recorded by the second-largest consumer, China (296K tons), fourfold. India (119K tons) ranked third in terms of total consumption with a 5.4% share.

In the United States, ceramic statuette consumption increased at an average annual rate of +4.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+1.4% per year) and India (+0.6% per year).

In value terms, the largest ceramic statuette markets worldwide were the United States ($3.3B), Japan ($3B) and China ($1.1B), with a combined 74% share of the global market. India, Germany, Indonesia, Mexico and Pakistan lagged somewhat behind, together accounting for a further 7.8%.

Indonesia, with a CAGR of +7.0%, saw the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of ceramic statuette per capita consumption was registered in the United States (3,148 kg per 1000 persons), followed by Germany (540 kg per 1000 persons), Japan (467 kg per 1000 persons) and Mexico (253 kg per 1000 persons), while the world average per capita consumption of ceramic statuette was estimated at 282 kg per 1000 persons.

In the United States, ceramic statuette per capita consumption expanded at an average annual rate of +3.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+0.5% per year) and Japan (-1.2% per year).

Production

World Production of Ceramic Statuettes And Other Ornamental Articles

In 2022, production of ceramic statuettes and other ornamental articles increased by 2% to 2.1M tons, rising for the second year in a row after two years of decline. Over the period under review, production recorded a mild expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 8.9% against the previous year. Global production peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, ceramic statuette production shrank slightly to $9.1B in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2018 when the production volume increased by 4.7% against the previous year. Over the period under review, global production hit record highs at $11.2B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were the United States (745K tons), China (465K tons) and India (114K tons), with a combined 63% share of global production. Germany, Vietnam, Indonesia, Japan, the Netherlands, Mexico, Portugal, Pakistan and Bangladesh lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by the Netherlands (with a CAGR of +492.0%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Ceramic Statuettes And Other Ornamental Articles

For the sixth year in a row, the global market recorded growth in supplies from abroad of ceramic statuettes and other ornamental articles, which increased by 0.5% to 657K tons in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +71.4% against 2014 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, global imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, ceramic statuette imports expanded rapidly to $1.7B in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.7% 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 +52.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports By Country

In 2022, the United States (311K tons) was the major importer of ceramic statuettes and other ornamental articles, making up 47% of total imports. The Netherlands (62K tons) ranks second in terms of the total imports with a 9.4% share, followed by Germany (5.4%). Belgium (27K tons), the UK (25K tons), France (22K tons), Sweden (16K tons), Italy (15K tons), Poland (15K tons) and Canada (11K tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ceramic statuette imports into the United States stood at +10.8%. At the same time, Poland (+11.1%), Belgium (+8.6%), Canada (+8.1%), Sweden (+6.6%), the UK (+4.6%), the Netherlands (+4.2%) and Italy (+3.4%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +11.1% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Germany (-1.2%) illustrated a downward trend over the same period. While the share of the United States (+20 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of France (-2.1 p.p.) and Germany (-4.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($652M) constitutes the largest market for imported ceramic statuettes and other ornamental articles worldwide, comprising 37% of global imports. The second position in the ranking was held by Germany ($141M), with an 8.1% share of global imports. It was followed by the Netherlands, with a 7.3% share.

In the United States, ceramic statuette imports expanded at an average annual rate of +6.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+3.3% per year) and the Netherlands (+6.5% per year).

Import Prices By Country

In 2022, the average ceramic statuette import price amounted to $2,648 per ton, with an increase of 9.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $2,932 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($4,074 per ton), while Belgium ($1,266 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Ceramic Statuettes And Other Ornamental Articles

In 2022, approx. 531K tons of ceramic statuettes and other ornamental articles were exported worldwide; with an increase of 9.8% compared with the year before. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.7% 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 +83.0% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, ceramic statuette exports rose modestly to $1.6B in 2022. In general, total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +76.4% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 31%. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports By Country

In 2022, China (170K tons), distantly followed by the Netherlands (102K tons), Germany (73K tons), Vietnam (60K tons) and Portugal (42K tons) represented the major exporters of ceramic statuettes and other ornamental articles, together mixing up 84% of total exports. Mexico (16K tons) and Malaysia (8.1K tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of +23.8%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($725M) remains the largest ceramic statuette supplier worldwide, comprising 45% of global exports. The second position in the ranking was taken by Vietnam ($192M), with a 12% share of global exports. It was followed by Germany, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China was relatively modest. In the other countries, the average annual rates were as follows: Vietnam (+7.9% per year) and Germany (+5.6% per year).

Export Prices By Country

In 2022, the average ceramic statuette export price amounted to $3,039 per ton, with a decrease of -6.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 11% against the previous year. As a result, the export price attained the peak level of $3,389 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($4,276 per ton), while the Netherlands ($1,037 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform