EU: China Statuette Market 2023

China Statuette Market Size in the EU

After two years of decline, the EU china statuette market increased by 8.5% to $X in 2021. Over the period under review, consumption, however, showed a slight curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

China Statuette Production in the EU

In value terms, china statuette production shrank slightly to $X in 2021 estimated in export price. In general, production, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 25%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

China Statuette Exports

Exports in the EU

In 2021, overseas shipments of statuettes of porcelain or china were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, china statuette exports skyrocketed to $X in 2021. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Spain (X tons) was the largest exporter of statuettes of porcelain or china, creating 41% of total exports. The Netherlands (X tons) held the second position in the ranking, followed by Germany (X tons), Belgium (X tons) and Denmark (X tons). All these countries together held near 41% share of total exports. Portugal (X tons), Italy (X tons) and France (X tons) followed a long way behind the leaders.

Spain was also the fastest-growing in terms of the statuettes of porcelain or china exports, with a CAGR of +12.2% from 2012 to 2021. At the same time, Denmark (+9.6%), Portugal (+5.7%) and the Netherlands (+2.4%) displayed positive paces of growth. By contrast, Germany (-1.6%), Italy (-4.3%), France (-7.2%) and Belgium (-9.8%) illustrated a downward trend over the same period. While the share of Spain (+22 p.p.) and Denmark (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Italy (-2.5 p.p.), France (-3.7 p.p.), Germany (-6.7 p.p.) and Belgium (-14.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest china statuette supplying countries in the European Union were Spain ($X), Germany ($X) and France ($X), with a combined 58% share of total exports. These countries were followed by Italy, Denmark, the Netherlands, Belgium and Portugal, which together accounted for a further 29%.

Portugal, with a CAGR of +5.9%, saw 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

In 2021, the export price in the European Union amounted to $X per ton, which is down by -18.7% against the previous year. In general, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 16%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+11.8%), while the other leaders experienced more modest paces of growth.

China Statuette Imports

Imports in the EU

In 2021, purchases abroad of statuettes of porcelain or china increased by 26% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, china statuette imports surged to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by Spain (X tons), Italy (X tons), Denmark (X tons), the Netherlands (X tons), France (X tons) and Sweden (X tons) were the largest importers of statuettes of porcelain or china, together achieving 82% of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2021, together comprising 49% of total imports. These countries were followed by the Netherlands, Denmark, Spain and Sweden, which together accounted for a further 30%.

In terms of the main importing countries, Sweden, with a CAGR of +21.5%, 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 2021, the import price in the European Union amounted to $X per ton, with an increase of 7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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