Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India - 2024
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India (CIF) - 2024
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India (FOB) - 2022
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India (CIF) - 2024
The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $1.3 per unit in November 2023, declining by -1.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 11% month-to-month. Over the period under review, average import prices reached the maximum at $1.3 per unit in July 2023; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($567 per thousand units), while the price for Saudi Arabia ($210 per thousand units) was amongst the lowest.
From April 2023 to November 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India (FOB) - 2022
In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $1.7 per unit, with a decrease of -25.2% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $2.8 per unit. From 2020 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 the United States ($6 per unit), while the average price for exports to Nepal ($627 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 the United States (+13.9%), 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 India
In 2022, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses into India surged to 28M units, rising by 77% compared with the previous year. Overall, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses surged to $36M in 2022. Over the period under review, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 6.4 | 7.6 | 13.6 | 10.8% |
| Thailand | 7.7 | 3.7 | 7.8 | 11.4 | 14.0% |
| Turkey | 0.7 | 0.9 | 1.3 | 2.2 | 46.5% |
| United Arab Emirates | 0.8 | 0.2 | 1.1 | 1.7 | 28.6% |
| Saudi Arabia | N/A | N/A | N/A | 1.6 | 0% |
| Italy | 1.2 | 0.7 | 0.9 | 0.8 | -12.6% |
| Others | 3.6 | 1.6 | 2.3 | 4.3 | 6.1% |
| Total | 24.1 | 13.6 | 21.1 | 35.6 | 13.9% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to India in 2022:
- China (12.6M units)
- Thailand (8.0M units)
- Turkey (2.7M units)
- Saudi Arabia (1.9M units)
- United Arab Emirates (1.4M units)
- Italy (0.3M units)
Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India
For the fourth consecutive year, India recorded growth in overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 42% to 1.1M units in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 63%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses expanded remarkably to $1.8M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 51%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 115 | 355 | 831 | 575 | 71.0% |
| Nepal | 148 | 120 | 288 | 451 | 45.0% |
| Nigeria | 0.2 | N/A | N/A | 87.4 | 658.9% |
| Bhutan | 8.3 | 53.8 | 82.1 | 48.2 | 79.7% |
| United Arab Emirates | 384 | 15.0 | 28.6 | 41.1 | -52.5% |
| Sri Lanka | 28.6 | 22.0 | 118 | 33.2 | 5.1% |
| South Africa | 0.2 | 0.2 | N/A | 18.8 | 354.7% |
| Bangladesh | 0.2 | 297 | 2.7 | 3.2 | 152.0% |
| Others | 288 | 274 | 362 | 564 | 25.1% |
| Total | 972 | 1,136 | 1,713 | 1,821 | 23.3% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from India in 2022:
- Nepal (718.1K units)
- United States (96.3K units)
- Nigeria (50.8K units)
- Sri Lanka (43.3K units)
- South Africa (24.5K units)
- Bhutan (15.7K units)
- United Arab Emirates (8.5K units)
- Bangladesh (1.7K units)
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