Market movement
In 2024, ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight over 0.5% but not over 10% trade exhibited significant decline, with global flows reaching $2,548,644,964 and a three-year compound annual growth rate of -11.7% (five-year: -4.9%). The all-time peak of $4,080,812,668 was recorded in 2015; the current level is 38% below that high-water mark.
Over the 30-year observation window (1995–2024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-7.5% acceleration).
