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

Contents:

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

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

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $704 per thousand units in March 2024, which is down by -56.6% against the previous month. In general, the export price saw a noticeable curtailment. The pace of growth was the most pronounced in February 2024 an increase of 185% month-to-month. As a result, the export price attained the peak level of $1.6 per unit, and then shrank rapidly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($2.0 per unit), while the average price for exports to Turkey ($804 per thousand units) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In March 2024, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $792 per thousand units, surging by 31% against the previous month. Over the period from April 2023 to March 2024, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in December 2023 an increase of 33% against the previous month. Over the period under review, average import prices attained the maximum at $898 per thousand units in September 2023; however, from October 2023 to March 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was China ($1.1 per unit), while the price for Turkey ($375 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 the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses exported from Italy surged to 208M units, with an increase of 71% against the previous year's figure. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses soared to $135M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France20.418.119.422.63.5%
Germany14.612.914.416.74.6%
United States13.29.612.614.12.2%
Belgium4.03.26.910.738.8%
United Kingdom9.47.18.39.50.4%
Poland6.59.59.79.011.5%
Spain5.54.13.96.24.1%
Netherlands2.01.62.33.520.5%
Czech Republic2.92.32.73.01.1%
Others39.833.437.139.90.1%
Total1181021171354.6%

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

  1. France (63.1M units)
  2. Germany (28.0M units)
  3. Poland (19.1M units)
  4. Belgium (15.9M units)
  5. United Kingdom (11.1M units)
  6. Spain (11.1M units)
  7. United States (10.5M units)
  8. Netherlands (5.3M units)
  9. Czech Republic (3.8M units)

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

For the fourth year in a row, Italy recorded growth in supplies from abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 63% to 120M units in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $66M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, imports of attained the peak figure 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 Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.27.110.314.821.8%
Bulgaria7.510.514.211.013.6%
France8.25.25.38.51.2%
Turkey3.73.15.97.023.7%
Spain8.25.66.77.0-5.1%
Germany3.02.64.14.615.3%
Poland0.60.51.21.638.7%
Egypt1.30.80.40.5-27.3%
Others9.37.37.611.26.4%
Total50.142.655.666.19.7%

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

  1. Bulgaria (41.3M units)
  2. Turkey (20.3M units)
  3. Spain (15.5M units)
  4. France (13.9M units)
  5. China (8.7M units)
  6. Germany (4.2M units)
  7. Poland (3.6M units)
  8. Egypt (2.7M units)

Source: IndexBox Market Intelligence Platform

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