Global Porcelain Technical Ware Market Overview
In value terms, porcelain technical ware production rose markedly to $ in estimated in export prices. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by % y-o-y. Over the period under review, global production reached the peak level at $ in 2008; however, from 2009 to , production remained at a lower figure.
The country with the largest volume of porcelain technical ware production was China ( tonnes), comprising approx. % of total volume. Moreover, porcelain technical ware production in China exceeded the figures recorded by the second-largest producer, India ( tonnes), fivefold. The U.S. ( tonnes) ranked third in terms of total production with a % share.
From 2007 to , the average annual rate of growth in terms of volume in China totaled +%. The remaining producing countries recorded the following average annual rates of production growth: India (-% per year) and the U.S. (+% per year).
The global porcelain technical ware market value expanded markedly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
From 2007 to , the average annual rate of growth in terms of volume in Aruba stood at -%. The remaining consuming countries recorded the following average annual rates of consumption growth: China (+% per year) and India (-% per year).
In value terms, the largest porcelain technical ware markets worldwide were Bangladesh ($), the U.S. ($) and Pakistan ($), with a combined % share of the global market.
Among the main consuming countries, Pakistan saw the highest rates of growth with regard to market size, over the period under review, while porcelain technical ware market for the other global leaders experienced more modest paces of growth.
In , the highest levels of porcelain technical ware per capita consumption was registered in Aruba ( kg per person), followed by the U.S. ( kg per person), Mexico ( kg per person) and Bangladesh ( kg per person), while the world average per capita consumption of porcelain technical ware was estimated at 0 kg per person.
In Aruba, porcelain technical ware per capita consumption declined by an average annual rate of -% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the U.S. (-% per year) and Mexico (-% per year).