Asia: Porcelain Technical Ware Market 2024

Porcelain Technical Ware Market Size in Asia

In 2022, after six years of growth, there was significant decline in the Asian porcelain technical ware market, when its value decreased by X% to $X. Overall, consumption, however, saw prominent growth. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Porcelain Technical Ware Production in Asia

In value terms, porcelain technical ware production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed strong growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Porcelain Technical Ware Exports

Exports in Asia

Porcelain technical ware exports fell to X tons in 2022, with a decrease of X% compared with the previous year. Total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, porcelain technical ware exports reduced to $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

China represented the largest exporter of porcelain ceramic wares for laboratory, technical, and chemical use in Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Indonesia (X tons) took the second position in the ranking, distantly followed by Malaysia (X tons). All these countries together held approx. X% share of total exports. Singapore (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%), Malaysia (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Indonesia, Malaysia and Singapore increased by X, X and X percentage points, respectively.

In value terms, China ($X) remains the largest porcelain technical ware supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while China ($X per ton) was amongst the lowest.

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

Porcelain Technical Ware Imports

Imports in Asia

Porcelain technical ware imports shrank to X tons in 2022, with a decrease of X% compared with the previous year. In general, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, porcelain technical ware imports shrank slightly to $X in 2022. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Singapore (X tons), distantly followed by Indonesia (X tons), Malaysia (X tons), Thailand (X tons), China (X tons), Japan (X tons), Kazakhstan (X tons) and Taiwan (Chinese) (X tons) represented the main importers of porcelain ceramic wares for laboratory, technical, and chemical use, together mixing up X% of total imports. South Korea (X tons), Vietnam (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

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

In value terms, the largest porcelain technical ware importing markets in Asia were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), together comprising X% of total imports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 ton, with an increase of X% against the previous year. Overall, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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