Report Update: Apr 1, 2024

Republic of Korea - Ceramic Statuettes And Other Ornamental Articles - Market Analysis, Forecast, Size, Trends And Insights

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Ceramic Statuette Price in South Korea - 2022

Ceramic Statuette Price in South Korea (CIF) - 2022

The average ceramic statuette import price stood at $5,608 per ton in 2022, increasing by 2.7% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ceramic statuette import price decreased by -0.7% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 31%. As a result, import price attained the peak level of $5,645 per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,754 per ton), while the price for Vietnam ($1,059 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Ceramic Statuette Price in South Korea (FOB) - 2022

In 2022, the average ceramic statuette export price amounted to $6,788 per ton, rising by 11% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $9,606 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($39,540 per ton), while the average price for exports to Egypt ($745 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 Nigeria (+128.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Statuette Imports in South Korea

Ceramic statuette imports into South Korea dropped to 1.1K tons in 2022, with a decrease of -10% compared with the previous year. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 1.3K tons, and then fell in the following year.

In value terms, ceramic statuette imports declined to $6.3M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 18%. As a result, imports attained the peak of $6.9M, and then shrank in the following year.

Import of Ceramic Statuette in South Korea (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,795	2,648	3,123	4,763	19.4%
Vietnam	132	252	423	237	21.5%
Japan	371	321	436	91.1	-37.4%
Thailand	161	189	141	89.4	-17.8%
Turkey	135	119	93.2	43.3	-31.5%
Others	1,411	2,292	2,635	1,112	-7.6%
Total	5,004	5,821	6,851	6,336	8.2%

Top Suppliers of Ceramic Statuette to South Korea in 2022:

China (765.1 tons)
Vietnam (223.8 tons)
Thailand (27.3 tons)
Turkey (19.0 tons)
Japan (13.5 tons)

Ceramic Statuette Exports in South Korea

In 2022, approx. 83 tons of ceramic statuettes and other ornamental articles were exported from South Korea; dropping by -15.1% compared with the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, the exports attained the peak of 98 tons, and then declined dramatically in the following year.

In value terms, ceramic statuette exports fell to $566K in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $600K, and then dropped in the following year.

Export of Ceramic Statuette in South Korea (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	21.6	20.4	32.4	62.9	42.8%
Japan	40.9	234	151	51.3	7.8%
Australia	1.9	2.3	50.7	51.2	199.8%
France	17.8	7.6	4.7	44.4	35.6%
Egypt	38.0	19.0	22.6	27.2	-10.5%
China	77.5	19.1	23.9	23.7	-32.6%
Canada	0.1	6.4	10.2	14.1	420.5%
New Zealand	6.9	2.8	5.7	8.7	8.0%
United Kingdom	19.3	6.7	4.6	7.7	-26.4%
Germany	9.8	2.3	1.8	7.3	-9.4%
Thailand	1.4	1.5	3.7	3.7	38.3%
Guinea	N/A	N/A	21.5	N/A	0%
Others	312	210	266	264	-5.4%
Total	547	532	600	566	1.1%

Top Export Markets for Ceramic Statuette from South Korea in 2022:

Egypt (36.5 tons)
United States (7.9 tons)
China (6.5 tons)
Canada (4.6 tons)
France (2.9 tons)
New Zealand (2.9 tons)
United Kingdom (2.6 tons)
Japan (1.8 tons)
Germany (1.7 tons)
Thailand (1.5 tons)
Australia (1.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ceramic statuette market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23411350 - Ceramic statuettes and other ornamental articles

Country coverage:

South Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Republic of Korea
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023