Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium - 2023

Contents:

  1. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium (CIF) - 2022
  2. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium (FOB) - 2022
  3. Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium
  4. Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium (CIF) - 2022

In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,015 per ton, surging by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($66,400 per ton), while the price for France ($396 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+52.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium (FOB) - 2022

The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $1,655 per ton in 2022, waning by -7.4% against the previous year. In general, export price indicated a resilient increase from 2018 to 2022: its price increased at an average annual rate of +15.5% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glass; unworked, in balls (other than microspheres of heading no. 7018) increased by +78.0% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of 46% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,787 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($2,520 per ton), while the average price for exports to Luxembourg ($669 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium

In 2022, the amount of glass; unworked, in balls (other than microspheres of heading no. 7018) imported into Belgium soared to 1.4K tons, jumping by 33% compared with 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) skyrocketed to $1.4M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2714114281,06157.6%
France17582.5220114-13.3%
Germany12197.873.8108-3.7%
Others117110151106-3.2%
Total6847018731,38926.6%

Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Belgium in 2022:

  1. China (906.6 tons)
  2. France (288.8 tons)
  3. Germany (169.1 tons)

Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium

For the third consecutive year, Belgium recorded decline in overseas shipments of glass; unworked, in balls (other than microspheres of heading no. 7018), which decreased by -27.3% to 475 tons in 2022. Over the period under review, exports showed a sharp reduction. The smallest decline of -2% was in 2021.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) fell significantly to $787K in 2022. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 6.5% against the previous year.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy398250496333-5.8%
France368481477262-10.7%
South AfricaN/AN/AN/A50.20%
Luxembourg83.50.24.132.6-26.9%
Sweden13.430.214.525.523.9%
IrelandN/A14.5N/A25.332.1%
Germany10.33.245.29.3-3.3%
Spain57.811.04.03.9-59.3%
United Kingdom12937.417.3N/A-63.4%
United Arab Emirates184N/AN/AN/A0%
Others14826911144.9-32.8%
Total1,3921,0971,169787-17.3%

Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Belgium in 2022:

  1. Italy (256.9 tons)
  2. France (103.9 tons)
  3. Luxembourg (48.7 tons)
  4. South Africa (19.9 tons)
  5. Ireland (17.3 tons)
  6. Sweden (10.3 tons)
  7. Germany (3.7 tons)
  8. Spain (2.1 tons)

Source: IndexBox Market Intelligence Platform

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