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

Contents:

1. Price for Statuettes and Other Ornamental Ceramic Articles in Malaysia (FOB) - 2024
2. Price for Statuettes and Other Ornamental Ceramic Articles in Malaysia (CIF) - 2022
3. Exports of Statuettes and Other Ornamental Ceramic Articles in Malaysia
4. Imports of Statuettes and Other Ornamental Ceramic Articles in Malaysia

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

In January 2024, the average export price for statuettes and other ornamental ceramic articleses amounted to $1,446 per ton, increasing by 31% against the previous month. Over the period under review, export price indicated a temperate increase from January 2023 to January 2024: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for statuettes and other ornamental ceramic articleses increased by +30.9% against December 2023 indices. The most prominent rate of growth was recorded in July 2023 an increase of 38% against the previous month. As a result, the export price reached the peak level of $2,174 per ton. From August 2023 to January 2024, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($3,795 per ton), while the average price for exports to the United States ($1,118 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 India (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Statuettes and Other Ornamental Ceramic Articles in Malaysia (CIF) - 2022

In 2022, the average import price for statuettes and other ornamental ceramic articleses amounted to $1,421 per ton, with an increase of 5.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 55%. The import price peaked at $2,286 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($2,472 per ton), while the price for India ($931 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Statuettes and Other Ornamental Ceramic Articles in Malaysia

Exports of statuettes and other ornamental ceramic articleses from Malaysia surged to 8.1K tons in 2022, picking up by 15% against the previous year. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 17% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of statuettes and other ornamental ceramic articleses skyrocketed to $8.9M in 2022. The total export value increased at an average annual rate of +14.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (7.7K tons)

Imports of Statuettes and Other Ornamental Ceramic Articles in Malaysia

In 2022, supplies from abroad of statuettes and other ornamental ceramic articleses decreased by -24.1% to 3.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% 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 +13.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of 4.2K tons, and then declined sharply in the following year.

In value terms, imports of statuettes and other ornamental ceramic articleses reduced markedly to $4.5M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of $5.7M, and then fell markedly in the following year.

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

1. China (2954.5 tons)
2. Vietnam (63.0 tons)
3. Germany (49.9 tons)

Source: IndexBox Market Intelligence Platform