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

Contents:

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

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

The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $1.2 per unit in 2022, rising by 21% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 23% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1.8 per unit), while the price for Egypt ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.9%), 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 Ethiopia (FOB) - 2022

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $4.2 per unit in 2022, increasing by 5% against the previous year. Over the period under review, the export price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $5.9 per unit in 2012; however, from 2013 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 Italy ($28 per unit), while the average price for exports to Tanzania ($690 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 France (+11.4%), 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 Ethiopia

In 2022, overseas purchases of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses decreased by -33.8% to 6M units for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 40%. Imports peaked at 9M units in 2021, and then shrank remarkably in the following year.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses contracted markedly to $7.2M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, imports attained the peak of $9M, and then contracted notably in the following year.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.56.27.55.71.2%
Egypt0.10.10.30.458.7%
Turkey0.10.10.20.344.2%
Saudi Arabia0.10.10.2N/A41.4%
Others0.30.40.70.944.2%
Total6.16.99.07.25.7%

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

  1. China (5.1M units)
  2. Egypt (0.4M units)
  3. Turkey (0.1M units)

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

In 2022, overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses were finally on the rise to reach 574 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp decrease. Over the period under review, the exports of hit record highs at 1.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses soared to $2.4K in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. Over the period under review, the exports of hit record highs at $4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy46910567.05253.8%
Germany31.013.036.0270105.7%
Hong Kong SAR34142.07.0182-18.9%
Senegal25.045.023.014479.3%
Egypt63.014.09.095.014.7%
France10935.01.086.0-7.6%
Zimbabwe14028.014.085.0-15.3%
South Africa1021.09.066.0-13.5%
Uganda83.015.08.051.0-15.0%
Kenya86.02.07.050.0-16.5%
Tanzania13619.05.040.0-33.5%
Nigeria43.09.05.038.0-4.0%
Zambia80.0N/AN/A19.0-38.1%
Others2,326408211773-30.7%
Total4,0347364022,424-15.6%

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

  1. Germany (126.0 units)
  2. Tanzania (58.0 units)
  3. Egypt (49.0 units)
  4. Uganda (35.0 units)
  5. Senegal (33.0 units)
  6. Zimbabwe (29.0 units)
  7. Hong Kong SAR (28.0 units)
  8. Nigeria (25.0 units)
  9. France (23.0 units)
  10. South Africa (22.0 units)
  11. Italy (19.0 units)
  12. Kenya (18.0 units)
  13. Zambia (18.0 units)

Source: IndexBox Market Intelligence Platform

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