Vietnam: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Vietnam

The Vietnamese ceramic household article market expanded remarkably to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Ceramic household article consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Ceramic Household Article Production in Vietnam

In value terms, ceramic household article production rose significantly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Ceramic Household Article Exports

Exports from Vietnam

Ceramic household article exports from Vietnam reached X tons in 2022, picking up by X% on 2021 figures. Over the period under review, exports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, ceramic household article exports soared to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of ceramic household article exports from Vietnam, with a combined X% share of total exports. The United States, Cambodia, Australia, Japan, India, Taiwan (Chinese), South Korea, Germany, France and Myanmar lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ceramic household article exported from Vietnam were the UK ($X), the Netherlands ($X) and Cambodia ($X), together accounting for X% of total exports. The United States, Italy, Australia, Japan, India, Taiwan (Chinese), South Korea, Germany, France and Myanmar lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average ceramic household article export price amounted to $X per ton, 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 pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

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

Ceramic Household Article Imports

Imports into Vietnam

In 2022, after three years of decline, there was significant growth in supplies from abroad of ceramic household articles and toilet articles, when their volume increased by X% to X tons. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ceramic household article imports surged to $X in 2022. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic household article supplier to Vietnam, accounting for a X% share of total imports. Moreover, ceramic household article imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of ceramic household articles and toilet articles to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average ceramic household article import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($X per ton) and France ($X per ton), while the price for Thailand ($X per ton) and China ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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