Middle East: China Statuette Market 2024

China Statuette Market Size in the Middle East

The Middle Eastern china statuette market dropped to $X in 2023, shrinking by X% against the previous year. Over the period under review, consumption recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

China Statuette Production in the Middle East

In value terms, china statuette production dropped rapidly to $X in 2023 estimated in export price. Overall, production recorded a noticeable decrease. The pace of growth was the most pronounced in 2022 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then reduced sharply in the following year.

China Statuette Exports

Exports in the Middle East

In 2023, shipments abroad of statuettes of porcelain or china increased by X% to X tons, rising for the third year in a row after three years of decline. Total exports indicated a strong expansion from 2012 to 2023: its volume 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2023, the growth of the exports failed to regain momentum.

In value terms, china statuette exports rose significantly to $X in 2023. Total exports indicated slight 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Turkey was the major exporting country with an export of about X tons, which accounted for X% of total exports. Palestine (X tons) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%). Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to china statuette exports from Turkey stood at X%. At the same time, Palestine (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Palestine (X p.p.), Turkey (X p.p.) and Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Turkey ($X) remains the largest china statuette supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Palestine, with a X% share.

In Turkey, china statuette exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Palestine (X% per year).

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Palestine ($X per ton) was amongst the lowest.

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

China Statuette Imports

Imports in the Middle East

In 2023, the amount of statuettes of porcelain or china imported in the Middle East surged to X tons, jumping by X% against the year before. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, china statuette imports skyrocketed to $X in 2023. In general, imports, however, continue to indicate a deep contraction. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) represented roughly X% of total imports in 2023. Iraq (X tons) held the next position in the ranking, distantly followed by Kuwait (X tons). All these countries together took near X% share of total imports. Turkey (X tons), Oman (X tons), Yemen (X tons), Iran (X tons) and Lebanon (X tons) took a minor share of total imports.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported statuettes of porcelain or china in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with an X% share of total imports. It was followed by Iraq, with a X% share.

In the United Arab Emirates, china statuette imports declined by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Iraq (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, reducing by X% against the previous year. Import price indicated a mild expansion from 2012 to 2023: its price 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, china statuette import price increased by X% against 2018 indices. The growth pace was the most rapid in 2022 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Oman ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform