Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia - 2024

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia (CIF) - 2024
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia (FOB) - 2022
  3. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia
  4. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia (CIF) - 2024

The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $2.6 per unit in March 2024, picking up by 13% against the previous month. Overall, import price indicated a measured expansion from April 2023 to March 2024: its price increased at an average monthly rate of +4.5% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses increased by +97.5% against October 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 35% against the previous month. The import price peaked in March 2024.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Finland ($5.5 per unit), while the price for Bulgaria ($596 per thousand units) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Finland (+8.4%), 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 Estonia (FOB) - 2022

In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $2.4 per unit, shrinking by -24.7% against the previous year. Overall, the export price saw a pronounced descent. The growth pace was the most rapid in 2021 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $4.4 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($7.5 per unit), while the average price for exports to Russia ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+5.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses decreased by -4.6% to 984K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year. As a result, imports reached the peak of 1M units, and then dropped in the following year.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses reduced to $1.5M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $1.7M, and then contracted in the following year.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia80.127432928953.4%
Poland22.756.7226270128.3%
Germany197390441189-1.4%
Lithuania12.7185143180142.0%
Finland10514814814210.6%
Italy70.937.468.510413.6%
Netherlands31.910190.010146.8%
China19530.187.927.2-48.1%
Others530220178163-32.5%
Total1,2451,4421,7111,4655.6%

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

  1. Latvia (245.9K units)
  2. Poland (180.5K units)
  3. Lithuania (110.8K units)
  4. Italy (105.3K units)
  5. Germany (73.0K units)
  6. Finland (67.7K units)
  7. Netherlands (64.9K units)
  8. China (31.9K units)

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

In 2022, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses from Estonia soared to 55K units, surging by 75% compared with 2021. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 103% against the previous year. As a result, the exports attained the peak of 71K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $133K in 2022. Overall, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.5% 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 decreased by -17.2% against 2020 indices. Over the period under review, the exports of attained the maximum at $161K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia41.795.944.736.6-4.3%
Finland58.151.912.731.4-18.5%
Lithuania3.50.66.820.179.1%
BelarusN/AN/AN/A14.70%
Sweden0.21.09.69.8265.9%
Latvia1.22.510.29.397.9%
Norway12.9N/A3.75.7-23.8%
ChinaN/A2.60.9N/A-65.4%
Others6.46.312.25.7-3.8%
Total1241611011332.4%

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

  1. Russia (22.6K units)
  2. Finland (14.7K units)
  3. Lithuania (5.4K units)
  4. Latvia (4.0K units)
  5. Belarus (2.6K units)
  6. Norway (1.8K units)
  7. Sweden (1.3K units)

Source: IndexBox Market Intelligence Platform

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