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

Contents:

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

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

In 2022, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $3.5 per unit, leveling off at the previous year. In general, the import price posted prominent growth. The pace of growth was the most pronounced in 2018 an increase of 43%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7 per unit), while the price for Bulgaria ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.0%), 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 Indonesia (FOB) - 2022

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $901 per thousand units in March 2022, growing by 2.8% against the previous month. In general, the export price, however, recorded a slight downturn. The pace of growth was the most pronounced in August 2021 when the average export price increased by 58% month-to-month. As a result, the export price attained the peak level of $1.7 per unit. From September 2021 to March 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($366 per thousand units), while the average price for exports to the Philippines ($112 per thousand units) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+4.2%), 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 Indonesia

In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses imported into Indonesia amounted to 6.7M units, growing by 8.7% against the previous year. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 77% against the previous year. Over the period under review, imports of hit record highs in 2022 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 stood at $23M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 100%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.27.917.018.030.0%
France0.40.71.11.244.2%
South Korea0.30.71.00.732.6%
Thailand1.10.10.30.5-23.1%
MalaysiaN/AN/A0.10.4300.0%
Bulgaria0.10.10.10.344.2%
Others1.11.21.72.226.0%
Total11.110.721.323.528.4%

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

  1. China (5456.1K units)
  2. South Korea (299.2K units)
  3. France (222.2K units)
  4. Thailand (169.6K units)
  5. Bulgaria (156.8K units)
  6. Malaysia (101.0K units)

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

In 2022, overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses increased by 34% to 1.6M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt downturn. Over the period under review, the exports of attained the peak figure at 2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $1.5M in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa23535641254432.3%
Peru269164160198-9.7%
Vietnam13037.822.582.4-14.1%
Nepal38.223.410.753.511.9%
Guatemala37.619.18.734.2-3.1%
Philippines17.611.313.230.119.6%
Syrian Arab Republic45.033.028.227.4-15.2%
Trinidad and Tobago18.917.518.923.27.1%
Mexico11250.810.014.8-49.1%
Togo8.37.37.69.02.7%
Argentina38.024.720.67.1-42.8%
Brazil18.261.114.73.7-41.2%
Others516347380496-1.3%
Total1,4831,1531,1071,5240.9%

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

  1. South Africa (670.1K units)
  2. Peru (171.8K units)
  3. Vietnam (110.4K units)
  4. Togo (48.2K units)
  5. Philippines (41.1K units)
  6. Trinidad and Tobago (37.0K units)
  7. Guatemala (36.9K units)
  8. Nepal (28.0K units)
  9. Syrian Arab Republic (21.2K units)
  10. Mexico (9.5K units)
  11. Argentina (8.8K units)
  12. Brazil (4.4K units)

Source: IndexBox Market Intelligence Platform

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