Republic of Korea - Statuettes Of Porcelain Or China - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 5, 2024

Republic of Korea - Statuettes Of Porcelain Or China - Market Analysis, Forecast, Size, Trends And Insights

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China Statuette Price in South Korea - 2022

Contents:

  1. China Statuette Price in South Korea (CIF) - 2022
  2. China Statuette Price in South Korea (FOB) - 2022
  3. China Statuette Imports in South Korea
  4. China Statuette Exports in South Korea

China Statuette Price in South Korea (CIF) - 2022

The average china statuette import price stood at $10,865 per ton in December 2022, which is down by -14.9% against the previous month. In general, the import price, however, showed notable growth. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 149% month-to-month. The import price peaked at $14,824 per ton in January 2022; however, from February 2022 to December 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was China ($5,816 per ton), while the price for Japan totaled $3,087 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%).

China Statuette Price in South Korea (FOB) - 2022

The average china statuette export price stood at $19,093 per ton in 2022, with an increase of 153% against the previous year. Overall, the export price recorded notable growth. The most prominent rate of growth was recorded in 2015 an increase of 202%. As a result, the export price reached the peak level of $34,944 per ton. From 2016 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 Turkey ($90,760 per ton), while the average price for exports to China ($3,899 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 Turkey (+61.1%), while the prices for the other major destinations experienced mixed trend patterns.

China Statuette Imports in South Korea

In 2022, imports of statuettes of porcelain or china into South Korea contracted significantly to 452 tons, waning by -17.3% compared with 2021. In general, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of 547 tons, and then contracted notably in the following year.

In value terms, china statuette imports contracted to $4.1M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of $4.1M, and then declined in the following year.

Import of China Statuette in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3251,3471,6341,7359.4%
United States16210660725215.9%
Japan1261801771598.1%
Belgium11.62.810.272.183.9%
Others1,2541,1511,7071,85313.9%
Total2,8792,7864,1354,07112.2%

Top Suppliers of China Statuette to South Korea in 2022:

  1. China (348.8 tons)
  2. Japan (57.4 tons)
  3. Belgium (9.6 tons)
  4. United States (6.3 tons)

China Statuette Exports in South Korea

China statuette exports from South Korea reduced notably to 7.8 tons in 2022, waning by -54.6% compared with the previous year's figure. In general, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 47%.

In value terms, china statuette exports rose rapidly to $149K in 2022. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 206%.

Export of China Statuette in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A39.80%
Japan19.10.220.324.89.1%
United States9.910.75.119.926.2%
TurkeyN/AN/AN/A13.60%
China12224.056.112.2-53.6%
Hong Kong SAR0.10.25.15.2273.3%
Others1037.242.933.4-31.3%
Total25542.4130149-16.4%

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

  1. China (3.1 tons)
  2. United States (1.8 tons)
  3. Japan (1.6 tons)
  4. Italy (0.7 tons)
  5. Turkey (0.1 tons)
  6. Hong Kong SAR (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the china 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 23411330 - Statuettes and other ornamental articles, of porcelain or china

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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In value terms, statuettes and other ornamental ceramic articles imports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles imports continue to indicate a mild downtu...

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In value terms, ceramic articles imports totaled $X in 2016. In general, ceramic articles imports continue to indicate a relatively flat trend pattern. Global ceramic articles import peaked in 2016...

Which Country Exports the Most Statuettes and Other Ornamental Ceramic Articles in the World?
Jul 26, 2018
Eye 703

In value terms, statuettes and other ornamental ceramic articles exports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles exports continue to indicate a tangible gr...

Which Country Exports the Most Ceramic Articles in the World?
Jul 26, 2018
Eye 507

In value terms, ceramic articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over th...

Which Country Imports the Most Statuettes and Other Ornamental Ceramic Articles in the World?
Jul 26, 2018
Eye 739

In value terms, statuettes and other ornamental ceramic articles imports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles imports continue to indicate a mild downtu...

Which Country Imports the Most Ceramic Articles in the World?
Jul 26, 2018
Eye 734

In value terms, ceramic articles imports totaled $X in 2016. In general, ceramic articles imports continue to indicate a relatively flat trend pattern. Global ceramic articles import peaked in 2016...

Which Country Exports the Most Statuettes and Other Ornamental Ceramic Articles in the World?
Jul 26, 2018
Eye 703

In value terms, statuettes and other ornamental ceramic articles exports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles exports continue to indicate a tangible gr...

Which Country Exports the Most Ceramic Articles in the World?
Jul 26, 2018
Eye 507

In value terms, ceramic articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over th...

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