Report Update: May 1, 2024

Sri Lanka - Statuettes Of Porcelain Or China - Market Analysis, Forecast, Size, Trends And Insights

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China Statuette Price in Sri Lanka - 2021

China Statuette Price in Sri Lanka (FOB) - 2022

In 2022, the average china statuette export price amounted to $45,783 per ton, picking up by 11% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 52% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($63,733 per ton), while the average price for exports to Australia ($1,638 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 the UK (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

China Statuette Price in Sri Lanka (CIF) - 2022

In 2022, the average china statuette import price amounted to $1,052 per ton, shrinking by -78.2% against the previous year. Overall, the import price saw a deep setback. The pace of growth appeared the most rapid in 2019 an increase of 330% against the previous year. Over the period under review, average import prices hit record highs at $6,406 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.9% per year.

China Statuette Exports in Sri Lanka

In 2022, the amount of statuettes of porcelain or china exported from Sri Lanka rose sharply to 50 tons, picking up by 12% compared with the year before. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, china statuette exports skyrocketed to $2.3M in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 44%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of China Statuette in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	372	439	701	1,740	67.2%
United States	98.1	72.0	202	187	24.0%
Japan	35.4	48.6	83.4	117	49.0%
Italy	41.1	33.0	36.0	112	39.7%
United Kingdom	13.5	4.9	29.5	74.2	76.5%
South Korea	6.3	1.7	10.9	31.8	71.5%
Australia	0.1	1.2	2.9	2.9	207.2%
Dominican Republic	66.1	83.3	118	N/A	33.6%
Saudi Arabia	7.4	7.6	44.2	N/A	144.4%
Others	494	587	615	34.3	-58.9%
Total	1,133	1,279	1,843	2,300	26.6%

Top Export Markets for China Statuette from Sri Lanka in 2022:

Denmark (29.7 tons)
United States (9.3 tons)
United Kingdom (2.9 tons)
Italy (2.3 tons)
Japan (1.8 tons)
Australia (1.7 tons)
South Korea (1.0 tons)

China Statuette Imports in Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in purchases abroad of statuettes of porcelain or china, which decreased by -98.7% to 1.3 tons in 2022. Overall, imports showed a dramatic shrinkage. The smallest decline of -3.6% was in 2021.

In value terms, china statuette imports fell notably to $1.3K in 2022. In general, imports continue to indicate a dramatic curtailment. The smallest decline of -24% was in 2020.

Import of China Statuette in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	31.4	17.1	8.2	1.0	-68.3%
Spain	775	597	408	N/A	-27.4%
Thailand	19.3	7.3	1.3	N/A	-74.0%
Indonesia	13.9	12.8	7.3	N/A	-27.5%
Others	20.2	19.6	49.3	0.3	-75.4%
Total	860	654	474	1.3	-88.5%

Top Suppliers of China Statuette to Sri Lanka in 2022:

China (1241.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the china statuette market in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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