By 2023, imports of ceramic statuettes and ornamental articles, not porcelain, were valued at $17 million USD. For 2024-2028, forecasts show incremental annual growth from $17.159 million USD to $17.978 million USD. Year-on-year growth is consistent at about 1.20%, indicating a stable demand increase. The compound annual growth rate (CAGR) over this period is approximately 1.16%, signifying modest but steady expansion.
Future trends to watch include:
- Impact of global shipping costs and supply chain efficiency on import prices.
- Consumer preference shifts towards sustainability and locally-made products.
- Potential trade policy changes affecting import regulations.
