Thailand: Common Pottery Market 2024

Common Pottery Market Size in Thailand

After three years of decline, the Thai common pottery market increased by X% to $X in 2023. Overall, the total consumption indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Common Pottery Production in Thailand

In value terms, common pottery production reached $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Common Pottery Exports

Exports from Thailand

In 2023, shipments abroad of common pottery decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, common pottery exports fell to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then declined in the following year.

Exports by Country

The United States (X tons) was the main destination for common pottery exports from Thailand, with a X% share of total exports. Moreover, common pottery exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), threefold. Finland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Finland (X% per year).

In value terms, the United States ($X) remains the key foreign market for common pottery exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports. It was followed by the UK, with an X% share.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and the UK (X% per year).

Export Prices by Country

In 2023, the average common pottery export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, common pottery export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the average export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Thailand

In 2023, supplies from abroad of common pottery increased by X% to X tons, rising for the sixth year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2022 with an increase of X%. Imports peaked in 2023 and are likely to continue growth in the near future.

In value terms, common pottery imports reduced to $X in 2023. In general, total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2023, China (X tons) was the main supplier of common pottery to Thailand, accounting for a X% share of total imports. Moreover, common pottery imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of common pottery to Thailand, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%.

Import Prices by Country

The average common pottery import price stood at $X per ton in 2023, declining by X% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, common pottery import price increased by X% against 2021 indices. The pace of growth was the most pronounced in 2022 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform