Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam - 2022

Contents:

1. Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam (CIF) - 2022
2. Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam (FOB) - 2022
3. Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam
4. Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam

Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam (CIF) - 2022

In 2022, the average import price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china amounted to $5,986 per ton, increasing by 8.7% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china increased by +27.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 87% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($6,878 per ton) and Japan ($5,972 per ton), while the price for Sri Lanka ($5,814 per ton) and Thailand ($5,858 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam (FOB) - 2022

The average export price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china stood at $6,514 per ton in 2022, reducing by -4.6% against the previous year. In general, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 60% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,828 per ton in 2021, and then contracted 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 ($15,017 per ton), while the average price for exports to Nigeria ($178 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 Cambodia (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam

In 2022, after two years of decline, there was significant growth in supplies from abroad of tableware, kitchenware, other household articles and toilet articles; of porcelain or china, when their volume increased by 34% to 3.3K tons. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china skyrocketed to $20M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China to Vietnam in 2022:

1. China (2701.0 tons)
2. Indonesia (184.3 tons)
3. Sri Lanka (138.0 tons)
4. Japan (132.6 tons)
5. France (79.0 tons)
6. Thailand (18.6 tons)

Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Vietnam

In 2022, overseas shipments of tableware, kitchenware, other household articles and toilet articles; of porcelain or china were finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a drastic downturn.

In value terms, exports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china soared to $9.3M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China from Vietnam in 2022:

1. Taiwan (Chinese) (188.3 tons)
2. South Korea (158.2 tons)
3. United Kingdom (140.8 tons)
4. India (138.7 tons)
5. France (117.5 tons)
6. Netherlands (94.0 tons)
7. Nigeria (88.5 tons)
8. Italy (74.2 tons)
9. Germany (52.1 tons)
10. Cambodia (46.5 tons)
11. Czech Republic (34.5 tons)
12. United States (34.2 tons)
13. Indonesia (11.9 tons)

Source: IndexBox Market Intelligence Platform