Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh - 2022

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh (CIF) - 2022
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh (FOB) - 2022
  3. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh
  4. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh (CIF) - 2022

In 2022, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $3.1 per unit, which is down by -9.4% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2017 when the average import price increased by 60% against the previous year. The import price peaked at $3.5 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3.2 per unit), while the price for Indonesia ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh (FOB) - 2022

In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $1.4 per unit, increasing by 8.9% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 199%. The export price peaked at $6.4 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4 per unit), while the average price for exports to the United Arab Emirates ($362 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh

In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses imported into Bangladesh skyrocketed to 1.8M units, with an increase of 20% against the previous year. Over the period under review, imports, however, continue to indicate a abrupt decrease. Imports peaked at 3.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses expanded remarkably to $5.6M in 2022. In general, imports, however, continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. Over the period under review, imports of hit record highs at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.73.04.85.3-23.2%
Indonesia0.10.10.10.10.0%
ThailandN/AN/A0.10.10.0%
IndiaN/A0.3N/AN/A0%
Others0.10.10.10.10.0%
Total12.03.55.25.6-22.4%

Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Bangladesh in 2022:

  1. China (1620.8K units)
  2. Indonesia (90.0K units)
  3. Thailand (73.7K units)
  4. India (1.7K units)

Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh

In 2022, after three years of growth, there was significant decline in overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, when their volume decreased by -51.9% to 88K units. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 317%. As a result, the exports reached the peak of 183K units, and then fell remarkably in the following year.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses reduced sharply to $127K in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 435%. As a result, the exports reached the peak of $243K, and then dropped remarkably in the following year.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20.634.519192.765.1%
ItalyN/AN/AN/A6.80%
Canada0.10.30.13.8236.2%
ChileN/AN/A23.0N/A0%
Others12.510.628.923.924.1%
Total33.145.424312756.6%

Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Bangladesh in 2022:

  1. India (80.5K units)
  2. Italy (1.7K units)
  3. Canada (1.4K units)

Source: IndexBox Market Intelligence Platform

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