Price for Statuettes and Other Ornamental Ceramic Articles in Thailand - 2024

Contents:

  1. Price for Statuettes and Other Ornamental Ceramic Articles in Thailand (FOB) - 2024
  2. Price for Statuettes and Other Ornamental Ceramic Articles in Thailand (CIF) - 2024
  3. Exports of Statuettes and Other Ornamental Ceramic Articles in Thailand
  4. Imports of Statuettes and Other Ornamental Ceramic Articles in Thailand

Price for Statuettes and Other Ornamental Ceramic Articles in Thailand (FOB) - 2024

The average export price for statuettes and other ornamental ceramic articleses stood at $2,951 per ton in January 2024, stabilizing at the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 51% against the previous month. As a result, the export price attained the peak level of $5,505 per ton. From July 2023 to January 2024, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($11,966 per ton), while the average price for exports to Poland ($1,053 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Statuettes and Other Ornamental Ceramic Articles in Thailand (CIF) - 2024

In January 2024, the average import price for statuettes and other ornamental ceramic articleses amounted to $1,760 per ton, which is down by -43.3% against the previous month. In general, the import price continues to indicate a noticeable decline. The pace of growth was the most pronounced in April 2023 when the average import price increased by 96% m-o-m. Over the period under review, average import prices hit record highs at $8,982 per ton in May 2023; however, from June 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($3,930 per ton), while the price for Vietnam ($817 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (-2.8%), while the prices for the other major suppliers experienced a decline.

Exports of Statuettes and Other Ornamental Ceramic Articles in Thailand

In 2022, exports of statuettes and other ornamental ceramic articleses from Thailand reached 5.4K tons, growing by 4.1% compared with 2021. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of statuettes and other ornamental ceramic articleses skyrocketed to $21M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Statuettes and Other Ornamental Ceramic Articles in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.73.76.06.420.0%
Italy4.44.83.34.3-0.8%
Germany3.33.03.13.0-3.1%
Japan1.20.91.11.610.1%
United Kingdom1.00.81.21.26.3%
Netherlands0.30.20.20.2-12.6%
MyanmarN/AN/AN/A0.20%
SpainN/AN/AN/A0.20%
Others3.63.33.64.25.3%
Total17.616.818.521.46.7%

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

  1. United States (2047.4 tons)
  2. Japan (943.5 tons)
  3. Italy (540.1 tons)
  4. Germany (341.7 tons)
  5. United Kingdom (247.5 tons)
  6. Myanmar (236.8 tons)
  7. Spain (93.8 tons)
  8. Netherlands (90.0 tons)

Imports of Statuettes and Other Ornamental Ceramic Articles in Thailand

Imports of statuettes and other ornamental ceramic articleses into Thailand fell rapidly to 748 tons in 2022, declining by -29.6% against 2021. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 1.1K tons, and then reduced markedly in the following year.

In value terms, imports of statuettes and other ornamental ceramic articleses declined markedly to $3.3M in 2022. In general, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year.

Import of Statuettes and Other Ornamental Ceramic Articles in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5151,1641,6961,040-11.8%
Japan15811714579371.2%
United States1,98410174.064.5-68.1%
Vietnam20.735.651.253.136.9%
Others7978991,8821,31018.0%
Total4,4742,3173,8493,260-10.0%

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

  1. China (289.9 tons)
  2. Japan (274.1 tons)
  3. Vietnam (51.5 tons)
  4. United States (15.0 tons)

Source: IndexBox Market Intelligence Platform

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