Hong Kong SAR, China - Ceramic Tile - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCeramic Tile Price in Hong Kong SAR - 2023
Contents:
- Ceramic Tile Price in Hong Kong SAR (CIF) - 2023
- Ceramic Tile Price in Hong Kong SAR (FOB) - 2023
- Ceramic Tile Imports in Hong Kong SAR
- Ceramic Tile Exports in Hong Kong SAR
Ceramic Tile Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average ceramic tile import price amounted to $11.3 per square meter, approximately equating the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in September 2022 an increase of 20% against the previous month. The import price peaked at $11.8 per square meter in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Spain ($12.4 per square meter) and Italy ($11.6 per square meter), while the price for Japan ($10.7 per square meter) and China ($11.1 per square meter) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ceramic Tile Price in Hong Kong SAR (FOB) - 2023
The average ceramic tile export price stood at $9.1 per square meter in June 2023, picking up by 2.5% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 16% m-o-m. As a result, the export price reached the peak level of $11.4 per square meter. From December 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In June 2023, the country with the highest price was Macao SAR ($11.5 per square meter), while the average price for exports to China ($8.1 per square meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Ceramic Tile Imports in Hong Kong SAR
Ceramic tile imports into Hong Kong SAR declined dramatically to 9M square meters in 2022, reducing by -23.8% on the year before. Overall, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%. Imports peaked at 14M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, ceramic tile imports fell to $100M in 2022. In general, imports showed a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Imports peaked at $111M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Ceramic Tile in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 50.9 | 45.3 | 52.4 | 47.1 | -2.6% |
Italy | 38.9 | 30.4 | 39.7 | 40.4 | 1.3% |
Spain | 9.2 | 5.1 | 6.7 | 5.6 | -15.3% |
Japan | 6.6 | 4.4 | 3.8 | 3.5 | -19.1% |
Germany | 2.1 | 1.5 | 2.3 | 1.2 | -17.0% |
Others | 3.5 | 3.2 | 3.0 | 2.7 | -8.3% |
Total | 111 | 90.0 | 108 | 100 | -3.4% |
Top Suppliers of Ceramic Tile to Hong Kong SAR in 2022:
- China (4.5M square meters)
- Italy (3.4M square meters)
- Spain (0.5M square meters)
- Japan (0.3M square meters)
- Germany (0.1M square meters)
Ceramic Tile Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of ceramic tiles, which decreased by -53.7% to 297K square meters in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -9.9% was in 2021. The exports peaked at 939K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ceramic tile exports reduced markedly to $2.9M in 2022. Overall, exports showed a significant decrease. The smallest decline of -15.2% was in 2020. Over the period under review, the exports attained the maximum at $7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Ceramic Tile in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.8 | 4.6 | 2.6 | 1.7 | -1.9% |
Macao SAR | 0.2 | 0.6 | 0.7 | 0.9 | 65.1% |
Malaysia | N/A | N/A | 1.0 | 0.1 | -90.0% |
Philippines | 4.9 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.7 | 0.1 | 0.2 | 26.0% |
Total | 7.0 | 6.0 | 4.4 | 2.9 | -25.5% |
Top Export Markets for Ceramic Tile from Hong Kong SAR in 2022:
- China (165.9K square meters)
- Macao SAR (105.2K square meters)
- Malaysia (8.6K square meters)
- Philippines (5.6K square meters)
This report provides an in-depth analysis of the ceramic tile market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23311000 -
- Prodcom 23311010 - Unglazed ceramic mosaic tiles, cubes and similar articles, w ith a surface area < .49 cm.
- Prodcom 23311020 - Glazed ceramic mosaic tiles, cubes and similar articles, with a surface area < .49 cm.
- Prodcom 23311030 -
- Prodcom 23311050 - Unglazed ceramic and stoneware flags and paving, hearth or wall tiles, unglazed ceramic and stoneware mosaic cubes and the like, whether or not on a backing
- Prodcom 23311053 -
- Prodcom 23311057 -
- Prodcom 23311071 - Glazed ceramic double tiles of the spaltplatten type
- Prodcom 23311073 - Glazed stoneware flags and paving, hearth or wall tiles, with a face of > .90 cm.
- Prodcom 23311075 - Glazed earthenware or fine pottery ceramic flags and paving, h earth or wall tiles, with a face of > .90 cm.
- Prodcom 23311079 - Glazed ceramic flags and paving, hearth or wall tiles excluding double tiles of the spaltplatten type, stoneware, e arthenware or fine pottery flags, paving or tiles with a face of not > .90 cm.
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the ceramic tile market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global ceramic tile market.
This report provides an in-depth analysis of the ceramic tile market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global ceramic tile market.
This article provides a detailed overview of the world's leading import markets for ceramic tiles, with a focus on the United States, France, Germany, the United Kingdom, and Israel. It explores the factors driving demand in these markets, including robust construction industries and a preference for ceramic tiles in both residential and commercial properties.
The ceramic tile market is a $4 billion industry that employs over 30,000 people in the United States. The majority of ceramic tile production takes place in Europe and Asia, with China being the largest producer.
This article provides a detailed overview of the world's leading import markets for ceramic tiles, with a focus on the United States, France, Germany, the United Kingdom, and Israel. It explores the factors driving demand in these markets, including robust construction industries and a preference for ceramic tiles in both residential and commercial properties.
The ceramic tile market is a $4 billion industry that employs over 30,000 people in the United States. The majority of ceramic tile production takes place in Europe and Asia, with China being the largest producer.