GCC: Ceramic Statuette Market 2024

Ceramic Statuette Market Size in GCC

In 2022, the GCC ceramic statuette market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate noticeable growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Ceramic Statuette Production in GCC

In value terms, ceramic statuette production expanded slightly to $X in 2022 estimated in export price. Overall, production showed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Ceramic Statuette Exports

Exports in GCC

In 2022, shipments abroad of ceramic statuettes and other ornamental articles increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports showed a resilient increase. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, ceramic statuette exports skyrocketed to $X in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates was the main exporter of ceramic statuettes and other ornamental articles in GCC, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Kuwait (X tons), comprising a X% share of total exports. Saudi Arabia (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ceramic statuette exports from the United Arab Emirates stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest ceramic statuette supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports.

In the United Arab Emirates, ceramic statuette exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kuwait (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Ceramic Statuette Imports

Imports in GCC

Ceramic statuette imports rose notably to X tons in 2022, surging by X% on 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, ceramic statuette imports rose significantly to $X in 2022. In general, imports enjoyed tangible growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Saudi Arabia represented the largest importer of ceramic statuettes and other ornamental articles in GCC, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%). The following importers - Oman (X tons) and Bahrain (X tons) - each finished at a X% share of total imports.

Saudi Arabia experienced a relatively flat trend pattern with regard to volume of imports of ceramic statuettes and other ornamental articles. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. Bahrain and Kuwait experienced a relatively flat trend pattern. By contrast, Oman (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait and the United Arab Emirates increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ceramic statuette importing markets in GCC were Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X), together comprising X% of total imports. Bahrain and Oman lagged somewhat behind, together comprising a further X%.

Bahrain, with a CAGR of X%, saw the highest growth rate of 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

The import price in GCC stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 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 the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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