The forecasted data for the import of statuettes and ornamental articles of porcelain or china to the EU shows a declining trend from 2024 to 2028. In 2023, the actual import volume stood at approximately 11.648 million kilograms. Year-on-year analysis of the forecast indicates a reduction rate of 7.1% from 2024 to 2025, 7.5% from 2025 to 2026, 8% from 2026 to 2027, and 8.5% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) reflects an average annual decline of approximately 8.6%.
Future trends to watch for include:
- The impact of consumer preferences shifting toward sustainable and locally sourced products, potentially reducing demand for imported porcelain and china items.
- Economic factors and trade policies affecting the EU, which could influence import volumes and values.
- Technological advancements and innovations in the porcelain and china industry that might alter production and demand dynamics.