Price for Statuettes and Other Ornamental Ceramic Articles in South Africa - 2024

Contents:

1. Price for Statuettes and Other Ornamental Ceramic Articles in South Africa (CIF) - 2022
2. Price for Statuettes and Other Ornamental Ceramic Articles in South Africa (FOB) - 2022
3. Imports of Statuettes and Other Ornamental Ceramic Articles in South Africa
4. Exports of Statuettes and Other Ornamental Ceramic Articles in South Africa

Price for Statuettes and Other Ornamental Ceramic Articles in South Africa (CIF) - 2022

In 2022, the average import price for statuettes and other ornamental ceramic articleses amounted to $2,964 per ton, growing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2019 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $3,017 per ton; afterwards, it flattened through to 2022.

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 China ($3,039 per ton), while the price for Vietnam ($961 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Statuettes and Other Ornamental Ceramic Articles in South Africa (FOB) - 2022

The average export price for statuettes and other ornamental ceramic articleses stood at $5,236 per ton in 2022, declining by -27.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40% against the previous year. As a result, the export price attained the peak level of $7,187 per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($39,043 per ton), while the average price for exports to Zimbabwe ($1,381 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 Australia (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornamental Ceramic Articles in South Africa

Imports of statuettes and other ornamental ceramic articleses into South Africa reduced notably to 1.4K tons in 2022, waning by -20.9% compared with the previous year. In general, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports reached the peak of 1.8K tons, and then dropped dramatically in the following year.

In value terms, imports of statuettes and other ornamental ceramic articleses shrank to $4.3M in 2022. Over the period under review, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year.

Top Suppliers of Statuettes and Other Ornamental Ceramic Articles to South Africa in 2022:

1. China (1212.2 tons)
2. Vietnam (106.2 tons)
3. Portugal (23.1 tons)
4. Indonesia (16.7 tons)
5. Germany (3.1 tons)

Exports of Statuettes and Other Ornamental Ceramic Articles in South Africa

In 2022, shipments abroad of statuettes and other ornamental ceramic articleses increased by 54% to 236 tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of statuettes and other ornamental ceramic articleses expanded sharply to $1.2M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Statuettes and Other Ornamental Ceramic Articles from South Africa in 2022:

1. Botswana (65.3 tons)
2. Saudi Arabia (45.1 tons)
3. Namibia (25.3 tons)
4. Zimbabwe (20.0 tons)
5. Zambia (14.1 tons)
6. Mauritius (12.2 tons)
7. Swaziland (9.7 tons)
8. United Kingdom (6.9 tons)
9. Lesotho (6.3 tons)
10. United States (6.0 tons)
11. France (5.8 tons)
12. Kenya (3.9 tons)
13. Mozambique (0.9 tons)

Source: IndexBox Market Intelligence Platform