In 2023, Portugal led European production of ceramic statuettes and ornamental articles, valued at 132.2 million euros, experiencing significant growth of 15.66% from the previous year. Italy, despite being the second-largest producer at 55.056 million euros, saw an 11.54% decline. France and the United Kingdom showed modest yet positive growth, with increases of 2.54% and 11.73%, respectively. Spain also witnessed a slight increase of 3.09%. Conversely, smaller markets like Croatia and Estonia experienced declines of 1.72% and 2.52%, while Hungary remained stable, contributing minimally to the overall production.
Future trends to consider include:
- Continued dominance of Portugal as a major producer, potentially increasing its market share further with strategic investments and innovation.
- Potential recovery in Italy and expansion in emerging markets like Lithuania could alter the competitive landscape.
- Technological advancements and sustainability initiatives across Europe may influence production practices and lead to shifts in market dynamics.
Top countries in Sold Production of Ceramic Statuettes and Other Ornamental Articles by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 132,200,000 | 2023 | +11.09% | +15.66% | View data |
| 2 | 2 Italy | 55,056,000 | 2023 | -0.85% | -11.54% | View data |
| 3 | 3 France | 26,756,000 | 2023 | -1.43% | +2.54% | View data |
| 4 | 4 United Kingdom | 10,047,000 | 2023 | +5.55% | +11.73% | View data |
| 5 | 5 Spain | 7,545,800 | 2023 | +10.41% | +3.09% | View data |
| 6 | 6 Lithuania | 2,579,300 | 2023 | +1.16% | +1.41% | View data |
| 7 | 7 Czechia | 1,490,700 | 2023 | |||
| 8 | 8 Croatia | 626,190 | 2023 | +3.01% | -1.72% | View data |
| 9 | 9 Estonia | 274,220 | 2023 | +2.07% | -2.52% | View data |
| 10 | 10 Hungary | 18 | 2023 | +12.5% | View data |
