Asia-Pacific: Ceramic Tile Market 2024

Ceramic Tile Market Size in Asia-Pacific

The Asia-Pacific ceramic tile market shrank to $X in 2023, dropping by X% against the previous year. The total consumption indicated a tangible 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, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Ceramic Tile Production in Asia-Pacific

In value terms, ceramic tile production declined to $X in 2023 estimated in export price. The total production indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Ceramic Tile Exports

Exports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded growth in shipments abroad of ceramic tiles, which increased by X% to X square meters in 2023. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ceramic tile exports expanded significantly to $X in 2023. Overall, exports saw mild growth. The pace of growth appeared the most rapid in 2022 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China (X square meters) and India (X square meters) prevails in exports structure, together constituting X% of total exports. The following exporters - Vietnam (X square meters), Malaysia (X square meters) and Thailand (X square meters) - each finished at a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, China ($X), India ($X) and Vietnam ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

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

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per square meter, reducing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Vietnam ($X per square meter), while Malaysia ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the export price figures.

Ceramic Tile Imports

Imports in Asia-Pacific

Ceramic tile imports contracted to X square meters in 2023, shrinking by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, ceramic tile imports dropped to $X in 2023. The total import value 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 2014 when imports increased by X%. The level of import peaked at $X in 2022, and then contracted in the following year.

Imports by Country

South Korea (X square meters), Thailand (X square meters), Malaysia (X square meters), the Philippines (X square meters), Australia (X square meters), Cambodia (X square meters), Indonesia (X square meters), Myanmar (X square meters), Nepal (X square meters), Japan (X square meters) and Taiwan (Chinese) (X square meters) represented roughly X% of total imports in 2023. Vietnam (X square meters) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nepal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), South Korea ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Thailand, Indonesia, Japan, Cambodia, Malaysia, Myanmar, Taiwan (Chinese), Vietnam and Nepal lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Nepal, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per square meter, dropping by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per square meter), while Nepal ($X per square meter) was amongst the lowest.

From 2012 to 2023, 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