Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in China - 2024

Contents:

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

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

The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $632 per ton in 2022, shrinking by -6.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. Over the period under review, the average export prices reached the peak figure at $695 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($917 per ton), while the average price for exports to Indonesia ($437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $3,913 per ton in 2022, rising by 91% against the previous year. In general, the import price, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 216%. As a result, import price attained the peak level of $6,305 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($16,143 per ton), while the price for the UK ($907 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of glass; unworked, in balls (other than microspheres of heading no. 7018) from China soared to 15K tons in 2022, growing by 30% on the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) skyrocketed to $9.7M in 2022. Overall, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.90.91.63.623.7%
Japan3.62.43.02.8-8.0%
Germany1.20.51.21.45.3%
Russia1.01.20.61.26.3%
IndonesiaN/AN/A0.50.3-40.0%
Ukraine0.20.20.2N/A0.0%
Others0.70.50.90.5-10.6%
Total8.65.68.09.74.1%

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

  1. United States (6.9K tons)
  2. Japan (3.7K tons)
  3. Russia (2.2K tons)
  4. Germany (1.5K tons)
  5. Indonesia (0.7K tons)

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

Imports of glass; unworked, in balls (other than microspheres of heading no. 7018) into China skyrocketed to 71 tons in 2022, picking up by 34% on 2021. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) soared to $276K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A76.00%
Germany12.36.266.255.665.3%
Thailand17.626.418.914.3-6.7%
United KingdomN/A5.75.98.925.0%
Taiwan (Chinese)N/A2.40.82.88.0%
Japan1792.96.92.4-76.2%
United States67.569.97.30.7-78.2%
Others0.30.82.4116628.5%
Total277114108276-0.1%

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

  1. Germany (28.6 tons)
  2. Austria (15.7 tons)
  3. United Kingdom (9.8 tons)
  4. Thailand (3.7 tons)
  5. Taiwan (Chinese) (1.2 tons)
  6. Japan (0.4 tons)
  7. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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