Southern Asia: Ceramic Statuette Market 2024

Ceramic Statuette Market Size in Southern Asia

The South Asian ceramic statuette market expanded to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Ceramic Statuette Production in Southern Asia

In value terms, ceramic statuette production expanded significantly to $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 indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Ceramic Statuette Exports

Exports in Southern Asia

In 2022, ceramic statuette exports in Southern Asia shrank rapidly to X tons, which is down by X% compared with the previous year. Overall, exports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, ceramic statuette exports contracted remarkably to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

In 2022, India (X tons) represented the largest exporter of ceramic statuettes and other ornamental articles, mixing up X% of total exports. Bangladesh (X tons) took the second position in the ranking, distantly followed by Sri Lanka (X tons) and Nepal (X tons). All these countries together took approx. X% share of total exports.

India experienced a relatively flat trend pattern with regard to volume of exports of ceramic statuettes and other ornamental articles. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Nepal (X%) and Sri Lanka (X%) illustrated a downward trend over the same period. India (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total exports, while Nepal and Sri Lanka saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Sri Lanka ($X), India ($X) and Bangladesh ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Bangladesh, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated moderate growth from 2012 to 2022: its price 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, ceramic statuette export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

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 Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

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

Ceramic Statuette Imports

Imports in Southern Asia

In 2022, imports of ceramic statuettes and other ornamental articles in Southern Asia fell significantly to X tons, waning by X% on 2021. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, ceramic statuette imports reduced notably to $X in 2022. Overall, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of ceramic statuettes and other ornamental articles, namely India, represented more than two-thirds of total import.

India was also the fastest-growing in terms of the ceramic statuettes and other ornamental articles imports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported ceramic statuettes and other ornamental articles in Southern Asia.

In India, ceramic statuette imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

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