South-Eastern Asia: Ceramic Tile Market 2024

Ceramic Tile Market Size in South-Eastern Asia

In 2022, the Southeast Asian ceramic tile market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Ceramic Tile Production in South-Eastern Asia

In value terms, ceramic tile production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Ceramic Tile Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of ceramic tiles decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a mild shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, ceramic tile exports reached $X in 2022. Overall, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X square meters) and Vietnam (X square meters) represented the main exporters of ceramic tiles in 2022, finishing at approx. X% and X% of total exports, respectively. Malaysia (X square meters) ranks next in terms of the total exports with a X% share, followed by Indonesia (X%).

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X), Thailand ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Thailand, with a CAGR of X%, 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 a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per square meter in 2022, jumping by X% against the previous year. In general, the export price, however, saw a slight contraction. The level of export peaked at $X per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Indonesia ($X per square meter), while Thailand ($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 Indonesia (X%), while the other leaders experienced mixed trends in the export price figures.

Ceramic Tile Imports

Imports in South-Eastern Asia

In 2022, ceramic tile imports in South-Eastern Asia stood at X square meters, with an increase of X% against the year before. Total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, ceramic tile imports soared to $X in 2022. Total imports indicated a strong 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The Philippines (X square meters) and Thailand (X square meters) represented roughly X% of total imports in 2022. Malaysia (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Cambodia (X%), Myanmar (X%) and Indonesia (X%). The following importers - Singapore (X square meters) and Lao People's Democratic Republic (X square meters) - each accounted for a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) constitutes the largest market for imported ceramic tiles in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In the Philippines, ceramic tile imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per square meter in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs 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 the Philippines ($X per square meter), while Malaysia ($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 Myanmar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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