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

Contents:

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

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

In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,278 per ton, jumping by 32% against the previous year. In general, the import price, however, recorded a perceptible descent. The growth pace was the most rapid in 2013 when the average import price increased by 89%. As a result, import price reached the peak level of $3,092 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,708 per ton), while the price for Spain ($467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $2,509 per ton in 2022, declining by -26.4% against the previous year. Over the period under review, the export price showed a pronounced decline. The growth pace was the most rapid in 2014 when the average export price increased by 629% against the previous year. As a result, the export price reached the peak level of $7,633 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($7,730 per ton), while the average price for exports to Bangladesh ($690 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 China (+14.9%), 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 India

In 2022, the amount of glass; unworked, in balls (other than microspheres of heading no. 7018) imported into India surged to 1.5K tons, rising by 39% on the year before. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) soared to $1.9M in 2022. In general, imports continue to indicate a significant increase. 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 India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5846688161,14525.2%
United States2.51.511.3586516.6%
SingaporeN/A0.925.560.5719.9%
SpainN/AN/AN/A11.10%
Others23.679.516564.039.5%
Total6107501,0181,86745.2%

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

  1. China (1342.6 tons)
  2. Singapore (60.1 tons)
  3. United States (28.3 tons)
  4. Spain (23.7 tons)

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

In 2022, approx. 35 tons of glass; unworked, in balls (other than microspheres of heading no. 7018) were exported from India; growing by 42% compared with 2021. In general, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,060% against the previous year. As a result, the exports attained the peak of 55 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) totaled $88K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 310% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.212.122.528.866.9%
SpainN/A3.09.718.0144.9%
United Kingdom2.53.914.612.571.0%
United Arab Emirates2.00.10.74.833.9%
Canada2.21.814.44.224.1%
Brazil0.9N/A3.04.064.4%
Poland1.9N/A3.12.13.4%
Nepal0.7N/A1.22.144.2%
GermanyN/A1.41.31.66.9%
Dominican RepublicN/AN/AN/A1.10%
Bangladesh0.347.04.7N/A295.8%
Others1.03.89.18.8106.5%
Total17.872.984.388.270.5%

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

  1. United States (11.7 tons)
  2. Spain (7.2 tons)
  3. United Kingdom (5.9 tons)
  4. Brazil (1.9 tons)
  5. Nepal (1.4 tons)
  6. United Arab Emirates (1.3 tons)
  7. Poland (1.0 tons)
  8. Germany (0.7 tons)
  9. Dominican Republic (0.6 tons)
  10. Canada (0.5 tons)
  11. Bangladesh (0.1 tons)

Source: IndexBox Market Intelligence Platform

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