Updated Jan 23, 2023 02:51

Porcelain Technical Ware Market in Chad

Market Overview
The Chadian porcelain technical ware market surged to $ in , picking up 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). In general, consumption enjoyed a buoyant increase. Porcelain technical ware consumption peaked in and is expected to retain growth in the near future.


Consumption
Porcelain technical ware consumption in Chad soared to tons in , growing by % against the previous year's figure. Overall, consumption enjoyed a resilient increase. Over the period under review, consumption reached the maximum volume in and is likely to continue growth in years to come.

The revenue of the porcelain technical ware market in Chad skyrocketed to $ in , jumping 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). In general, consumption showed a remarkable increase. Over the period under review, the market attained the maximum level in and is likely to see gradual growth in the immediate term.


Market Forecast
The porcelain technical ware market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Porcelain technical ware market in Chad consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Chad relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.


Trade Balance
Chad remains a net importer of porcelain technical ware; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.