Asia: Ceramic Tile Market 2024

Ceramic Tile Market Size in Asia

The Asian ceramic tile market reduced modestly to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Ceramic Tile Production in Asia

In value terms, ceramic tile production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Ceramic Tile Exports

Exports in Asia

Ceramic tile exports expanded slightly to X square meters in 2022, growing by X% against 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X square meters; afterwards, it flattened through to 2022.

In value terms, ceramic tile exports reached $X in 2022. Overall, exports saw a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporter of ceramic tiles in Asia, with the volume of exports finishing at X square meters, which was approx. X% of total exports in 2022. India (X square meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%). Iran (X square meters), Thailand (X square meters), the United Arab Emirates (X square meters) and Vietnam (X square meters) held a minor share of total exports.

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

In value terms, the largest ceramic tile supplying countries in Asia were China ($X), India ($X) and Turkey ($X), with a combined X% share of total exports.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per square meter in 2022, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Ceramic Tile Imports

Imports in Asia

In 2022, the amount of ceramic tiles imported in Asia dropped to X square meters, with a decrease of X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X square meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ceramic tile imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

In 2022, Saudi Arabia (X square meters), South Korea (X square meters), the Philippines (X square meters), Thailand (X square meters), Israel (X square meters), the United Arab Emirates (X square meters), Malaysia (X square meters), Cambodia (X square meters), Myanmar (X square meters), Iraq (X square meters), Indonesia (X square meters) and Japan (X square meters) was the major importer of ceramic tiles in Asia, mixing up X% of total import. Oman (X square meters) followed a long way behind the leaders.

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

In value terms, Israel ($X), the Philippines ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Korea, the United Arab Emirates, Thailand, Japan, Indonesia, Myanmar, Cambodia, Iraq, Malaysia and Oman lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per square meter, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per square meter), while Malaysia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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