Enamels And Glazes Market

The global enamels and glazes market is projected to see an increase in both volume and value terms from 2022 to 2030, with a forecasted CAGR of +1.3% in volume and +3.0% in value. Consumption, production, imports, and exports are all analyzed, with key markets and trends highlighted. China, the United States, and India are among the top consumers and producers of enamels and glazes, while Nigeria and Ghana show significant growth in imports. The average per capita consumption varies across countries, with Spain leading in this aspect. Import and export prices fluctuate over the years, with noticeable differences among major trading partners.

Market Forecast

Driven by rising demand for enamels and glazes worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.3% for the period from 2022 to 2030, which is projected to bring the market volume to 6.3M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.0% for the period from 2022 to 2030, which is projected to bring the market value to $30.1B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Vitrifiable Enamels And Glazes For Ceramics, Enamelling Or Glass

In 2022, consumption of vitrifiable enamels and glazes for ceramics, enamelling or glass was finally on the rise to reach 5.7M tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 when the consumption volume increased by 8.3% against the previous year. As a result, consumption reached the peak volume of 9.4M tons. From 2018 to 2022, the growth of the global consumption remained at a somewhat lower figure.

The global enamels and glazes market size expanded significantly to $23.7B in 2022, growing by 6.3% 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, however, recorded a noticeable decline. As a result, consumption reached the peak level of $47.5B. From 2014 to 2022, the growth of the global market failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (1.3M tons), the United States (904K tons) and India (567K tons), with a combined 48% share of global consumption. Spain, Japan, Italy, Russia, Indonesia, Brazil, France, Mexico, Turkey and Nigeria lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +18.4%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($10B) led the market, alone. The second position in the ranking was held by China ($680M). It was followed by India.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +2.3%. The remaining consuming countries recorded the following average annual rates of market growth: China (-2.8% per year) and India (-4.8% per year).

In 2022, the highest levels of enamels and glazes per capita consumption was registered in Spain (11 kg per person), followed by Italy (2.8 kg per person), the United States (2.7 kg per person) and France (1.8 kg per person), while the world average per capita consumption of enamels and glazes was estimated at 0.7 kg per person.

In Spain, enamels and glazes per capita consumption increased at an average annual rate of +1.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (+0.7% per year) and the United States (-1.3% per year).

Production

World Production of Vitrifiable Enamels And Glazes For Ceramics, Enamelling Or Glass

In 2022, production of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by 1.6% to 5.9M tons, rising for the second consecutive year after three years of decline. Over the period under review, production, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 with an increase of 8% against the previous year. As a result, production attained the peak volume of 9.5M tons. From 2018 to 2022, global production growth failed to regain momentum.

In value terms, enamels and glazes production rose notably to $23.4B in 2022 estimated in export price. In general, production, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2013 with an increase of 32%. As a result, production reached the peak level of $47.5B. From 2014 to 2022, global production growth remained at a somewhat lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (1.7M tons), the United States (874K tons) and Spain (864K tons), together comprising 59% of global production.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +2.8%), while production for the other global leaders experienced mixed trends in the production figures.

Imports

World Imports of Vitrifiable Enamels And Glazes For Ceramics, Enamelling Or Glass

Global enamels and glazes imports expanded significantly to 989K tons in 2022, growing by 7.6% compared with 2021 figures. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.4% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, enamels and glazes imports totaled $1.1B in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports By Country

The countries with the highest levels of enamels and glazes imports in 2022 were Nigeria (89K tons), Algeria (86K tons), Morocco (73K tons), Bangladesh (66K tons), Vietnam (49K tons), Italy (38K tons), Portugal (33K tons), the United States (33K tons), Egypt (29K tons), Ghana (29K tons), Poland (27K tons) and Indonesia (27K tons), together recording 59% of total import. Argentina (24K tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of +53.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest enamels and glazes importing markets worldwide were Nigeria ($75M), Algeria ($75M) and the United States ($54M), together comprising 19% of global imports. Vietnam, Poland, Bangladesh, Italy, Morocco, Portugal, Indonesia, Argentina, Egypt and Ghana lagged somewhat behind, together comprising a further 27%.

Ghana, with a CAGR of +46.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average enamels and glazes import price amounted to $1,093 per ton, reducing by -6.8% against the previous year. In general, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2021 an increase of 6.4%. Global import price peaked at $1,682 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,658 per ton), while Morocco ($389 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+2.8%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Vitrifiable Enamels And Glazes For Ceramics, Enamelling Or Glass

In 2022, global exports of vitrifiable enamels and glazes for ceramics, enamelling or glass totaled 1.2M tons, picking up by 6.7% compared with 2021 figures. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.6% against 2013 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, enamels and glazes exports skyrocketed to $1.1B in 2022. Overall, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.9% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports By Country

China (481K tons) and Spain (346K tons) represented roughly 69% of total exports in 2022. It was distantly followed by Italy (72K tons), making up a 6% share of total exports. Brazil (42K tons), Mexico (38K tons), Egypt (35K tons), Poland (25K tons), India (22K tons) and Germany (21K tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +84.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($325M), Spain ($273M) and Germany ($108M) constituted the countries with the highest levels of exports in 2022, with a combined 61% share of global exports. Italy, Mexico, Brazil, Poland, India and Egypt lagged somewhat behind, together comprising a further 19%.

Among the main exporting countries, India, with a CAGR of +75.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average enamels and glazes export price stood at $963 per ton in 2022, surging by 9.4% against the previous year. In general, the export price, however, saw a pronounced decrease. The global export price peaked at $1,201 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,112 per ton), while Egypt ($177 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform