Asia-Pacific: Ceramic Tile Market 2024

Ceramic Tile Market Size in Asia-Pacific

The Asia-Pacific ceramic tile market shrank slightly to $X in 2022, approximately reflecting the previous year. The total consumption indicated a buoyant increase 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, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ceramic Tile Production in Asia-Pacific

In value terms, ceramic tile production contracted to $X in 2022 estimated in export price. The total production indicated a moderate increase 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 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 failed to regain momentum.

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Ceramic Tile Exports

Exports in Asia-Pacific

In 2022, approx. X square meters of ceramic tiles were exported in Asia-Pacific; increasing by X% against the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The volume of export peaked at X square meters in 2014; afterwards, it flattened through to 2022.

In value terms, ceramic tile exports rose notably to $X in 2022. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the major exporting country with an export of around X square meters, which reached X% of total exports. It was distantly followed by India (X square meters), making up a X% share of total exports. The following exporters - Thailand (X square meters) and Vietnam (X square meters) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic tile supplying countries in Asia-Pacific were China ($X), India ($X) and Vietnam ($X), together accounting for X% of total exports.

Among the main exporting countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per square meter, surging by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per square meter. From 2019 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 Vietnam ($X per square meter), while Thailand ($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 India (X%), while the other leaders experienced a decline in the export price figures.

Ceramic Tile Imports

Imports in Asia-Pacific

In 2022, imports of ceramic tiles in Asia-Pacific declined slightly to X square meters, waning by X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by X%. The volume of import peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ceramic tile imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of ceramic tile imports in 2022 were South Korea (X square meters), the Philippines (X square meters) and Thailand (X square meters), together resulting at X% of total import. Malaysia (X square meters) took the next position in the ranking, followed by Australia (X square meters), Cambodia (X square meters), Myanmar (X square meters), Indonesia (X square meters) and Japan (X square meters). All these countries together held approx. X% share of total imports. The following importers - Nepal (X square meters), Taiwan (Chinese) (X square meters), China (X square meters) and Singapore (X square meters) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic tile importing markets in Asia-Pacific were the Philippines ($X), Australia ($X) and South Korea ($X), with a combined X% share of total imports. Thailand, Japan, Indonesia, Myanmar, Cambodia, Malaysia, China, Taiwan (Chinese), Singapore and Nepal lagged somewhat behind, together accounting for a further X%.

Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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-Pacific amounted to $X per square meter, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, import prices attained the maximum 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 Australia ($X per square meter), while Nepal ($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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