India: Ceramic Tile Market 2024

Ceramic Tile Market Size in India

The Indian ceramic tile market was estimated at $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Ceramic Tile Production in India

In value terms, ceramic tile production shrank to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient 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, production increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2021, and then dropped modestly in the following year.

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Ceramic Tile Exports

Exports from India

After ten years of growth, shipments abroad of ceramic tiles decreased by X% to X square meters in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X square meters in 2021, and then fell in the following year.

In value terms, ceramic tile exports rose markedly to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X square meters), Iraq (X square meters) and Saudi Arabia (X square meters) were the main destinations of ceramic tile exports from India, together accounting for X% of total exports. Nepal, Kuwait, Jordan, Thailand, Indonesia, Mexico, Russia, Poland, Qatar and Israel lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), Iraq ($X) and Saudi Arabia ($X) constituted the largest markets for ceramic tile exported from India worldwide, with a combined X% share of total exports. Kuwait, Jordan, Nepal, Thailand, Mexico, Russia, Poland, Indonesia, Israel and Qatar lagged somewhat behind, together comprising a further X%.

Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ceramic tile export price stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per square meter), while the average price for exports to Nepal ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Tile Imports

Imports into India

Ceramic tile imports into India dropped remarkably to X square meters in 2022, which is down by X% compared with the previous year's figure. In general, imports faced a precipitous slump. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports attained the peak of X square meters. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, ceramic tile imports soared to $X in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X square meters), Italy (X square meters) and Spain (X square meters) were the main suppliers of ceramic tile imports to India, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Italy ($X), Spain ($X) and China ($X) were the largest ceramic tile suppliers to India, with a combined X% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average ceramic tile import price amounted to $X per square meter, rising by X% against the previous year. In general, the import price enjoyed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Malaysia ($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 Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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