Price for Statuettes and Other Ornamental Ceramic Articles in Singapore - 2023

Contents:

  1. Price for Statuettes and Other Ornamental Ceramic Articles in Singapore (CIF) - 2023
  2. Price for Statuettes and Other Ornamental Ceramic Articles in Singapore (FOB) - 2022
  3. Imports of Statuettes and Other Ornamental Ceramic Articles in Singapore
  4. Exports of Statuettes and Other Ornamental Ceramic Articles in Singapore

Price for Statuettes and Other Ornamental Ceramic Articles in Singapore (CIF) - 2023

The average import price for statuettes and other ornamental ceramic articleses stood at $14,493 per ton in September 2022, rising by 9% against the previous month. In general, the import price, however, saw a precipitous contraction. The import price peaked at $36,290 per ton in June 2022; however, from July 2022 to September 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Indonesia ($31,994 per ton), while the price for India ($3,668 per ton) was amongst the lowest.

From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Portugal (-2.3%), while the prices for the other major suppliers experienced a decline.

Price for Statuettes and Other Ornamental Ceramic Articles in Singapore (FOB) - 2022

The average export price for statuettes and other ornamental ceramic articleses stood at $9,448 per ton in 2022, shrinking by -12.1% against the previous year. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price increased by 22%. As a result, the export price attained the peak level of $19,459 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($17,414 per ton), while the average price for exports to the Philippines ($3,906 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 Australia (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Statuettes and Other Ornamental Ceramic Articles in Singapore

In 2022, the amount of statuettes and other ornamental ceramic articleses imported into Singapore declined markedly to 852 tons, dropping by -20.6% on the previous year's figure. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year.

In value terms, imports of statuettes and other ornamental ceramic articleses rose slightly to $7.5M in 2022. Overall, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.7% 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 +69.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Statuettes and Other Ornamental Ceramic Articles in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,7462,5233,4993,624-1.1%
France31335975287440.8%
Italy21814874552033.6%
Spain465217437440-1.8%
Indonesia480222180313-13.3%
Belgium18.34.615.2254140.3%
Romania0.1N/A1542271214.2%
Germany10989.425616013.6%
United States26544.8110150-17.3%
Taiwan (Chinese)154124148127-6.2%
Portugal68.859.914012421.7%
Japan65.258.817210918.7%
Malaysia17517813163.6-28.6%
Others636384455503-7.5%
Total6,7134,4147,1947,4903.7%

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

  1. China (320.4 tons)
  2. France (72.1 tons)
  3. Belgium (64.0 tons)
  4. Romania (51.2 tons)
  5. Italy (45.2 tons)
  6. Germany (36.6 tons)
  7. Spain (32.0 tons)
  8. Indonesia (29.1 tons)
  9. United States (24.7 tons)
  10. Taiwan (Chinese) (22.7 tons)
  11. Portugal (21.9 tons)
  12. Japan (19.1 tons)
  13. Malaysia (14.4 tons)

Exports of Statuettes and Other Ornamental Ceramic Articles in Singapore

Exports of statuettes and other ornamental ceramic articleses from Singapore surged to 481 tons in 2022, growing by 72% on 2021 figures. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 115%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of statuettes and other ornamental ceramic articleses skyrocketed to $4.5M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Statuettes and Other Ornamental Ceramic Articles in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2577711,5791,85993.4%
Hong Kong SAR1292213641,00998.5%
Indonesia23718032344223.1%
Japan25.649.8135391148.1%
Australia22.662.3105209109.9%
Malaysia14776.893.499.3-12.3%
South Korea16.628.977.778.267.6%
Philippines25.21.315.554.229.1%
India22.41.624.051.732.2%
Others15411730035432.0%
Total1,0381,5093,0164,54763.6%

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

  1. Hong Kong SAR (194.8 tons)
  2. United States (116.6 tons)
  3. Indonesia (42.5 tons)
  4. Japan (22.4 tons)
  5. South Korea (19.3 tons)
  6. Australia (16.3 tons)
  7. Philippines (13.9 tons)
  8. Malaysia (12.4 tons)
  9. India (12.1 tons)

Source: IndexBox Market Intelligence Platform

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