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 10% trade exhibited significant decline, with global flows reaching $2,113,172,259 and a three-year compound annual growth rate of -10.6% (five-year: -4.8%). The all-time peak of $2,954,200,119 was recorded in 2021; the current level is 28% below that high-water mark.
Over the 30-year observation window (1995–2024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-7.4% acceleration).
