Asia: Common Pottery Market 2024

Common Pottery Market Size in Asia

The Asian common pottery market rose to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, saw a mild decline. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Common Pottery Production in Asia

In value terms, common pottery production stood at $X in 2023 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

Common Pottery Exports

Exports in Asia

In 2023, overseas shipments of common pottery decreased by X% to X tons, falling for the second year in a row after two years of growth. Total exports indicated a measured expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, common pottery exports dropped to $X in 2023. Total exports indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

China was the largest exporter of common pottery in Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Thailand (X tons) ranks second in terms of the total exports with an X% share, followed by Turkey (X%), India (X%) and Japan (X%). Uzbekistan (X tons), Malaysia (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to common pottery exports from China stood at X%. At the same time, India (X%), Japan (X%), Uzbekistan (X%) and Turkey (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Malaysia experienced a relatively flat trend pattern. By contrast, Thailand (X%) and Indonesia (X%) illustrated a downward trend over the same period. China (X p.p.), India (X p.p.), Japan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Thailand saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest common pottery supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, common pottery exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, falling by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped slightly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Common Pottery Imports

Imports in Asia

In 2023, the amount of common pottery imported in Asia reached X tons, approximately equating the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, common pottery imports shrank modestly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then reduced slightly in the following year.

Imports by Country

The purchases of the twelve major importers of common pottery, namely Kazakhstan, Japan, South Korea, Azerbaijan, Thailand, Kyrgyzstan, India, Saudi Arabia, Vietnam, Turkey, Georgia and Uzbekistan, represented more than two-thirds of total import. Hong Kong SAR (X tons) took a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest common pottery importing markets in Asia were South Korea ($X), Japan ($X) and Hong Kong SAR ($X), with a combined X% share of total imports. Vietnam, Kazakhstan, Turkey, India, Azerbaijan, Saudi Arabia, Georgia, Thailand, Kyrgyzstan and Uzbekistan lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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 2023, the import price in Asia amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined modestly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform