Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK - 2024

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK (CIF) - 2024
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK (FOB) - 2022
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK (CIF) - 2024

In December 2023, the average import price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $195K per ton, rising by 54% against the previous month. Overall, the import price posted a buoyant expansion. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 185% month-to-month. As a result, import price attained the peak level of $230K per ton. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($385K per ton), while the price for the Netherlands ($29,269 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK (FOB) - 2022

The average export price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $174,099 per ton in 2022, surging by 13% against the previous year. In general, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 76%. The export price peaked at $256,872 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($434,973 per ton), while the average price for exports to Mauritius ($6,145 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 Singapore (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK

In 2022, approx. 66 tons of glass; unworked, in tubes, of fused quartz or other fused silica were imported into the UK; approximately reflecting the previous year. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 112%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica soared to $7.4M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to the UK in 2022:

1. Germany (27.6 tons)
2. China (23.6 tons)
3. United States (8.7 tons)
4. Netherlands (3.9 tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in the UK

For the fourth consecutive year, the UK recorded growth in overseas shipments of glass; unworked, in tubes, of fused quartz or other fused silica, which increased by 13% to 20 tons in 2022. The total export volume increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica surged to $3.4M in 2022. Overall, exports, however, showed a relatively flat trend pattern.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from the UK in 2022:

1. United States (5.5 tons)
2. Singapore (3.2 tons)
3. Germany (1.4 tons)
4. Ireland (1.3 tons)
5. China (1.1 tons)
6. Saudi Arabia (0.8 tons)
7. Philippines (0.8 tons)
8. Brunei Darussalam (0.7 tons)
9. Cabo Verde (0.7 tons)
10. Taiwan (Chinese) (0.5 tons)
11. France (0.5 tons)
12. Spain (0.4 tons)
13. Mauritius (0.3 tons)

Source: IndexBox Market Intelligence Platform