From 2016 to 2020, New Caledonia experienced a consistent decline in the import volume of statuettes and ornamental articles of porcelain or china, from 1.41 thousand kilograms to 0.391 thousand kilograms. This represents a year-on-year erosion, with an approximate compound annual growth rate (CAGR) of -26.56% over the five-year period.
Key future trends to watch for in the porcelain import market in New Caledonia include:
- Potential resurgence in consumer interest and interior design trends favoring porcelain items.
- The impact of economic recovery and changes in disposable income on consumer buying power.
- Environmental regulations affecting production and importation of porcelain goods.