Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico - 2024
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico (FOB) - 2024
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico (CIF) - 2022
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico (FOB) - 2024
The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $960 per thousand units in February 2024, falling by -20.5% against the previous month. Overall, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in August 2023 an increase of 60% m-o-m. As a result, the export price reached the peak level of $1.3 per unit. From September 2023 to February 2024, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In February 2024, the country with the highest price was Guatemala ($336 per thousand units), while the average price for exports to the United States totaled $289 per thousand units.
From April 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-0.8%).
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico (CIF) - 2022
The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $2.1 per unit in 2022, with an increase of 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. Over the period under review, average import prices reached the maximum at $2.1 per unit in 2020; afterwards, it flattened through to 2022.
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 France ($4.1 per unit), while the price for Colombia ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.8%), 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 Mexico
In 2022, shipments abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses decreased by -1.9% to 66M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, the exports attained the peak of 68M units, and then fell slightly in the following year.
In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $70M in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.7 | 41.8 | 61.0 | 66.1 | 32.1% |
| Guatemala | 1.9 | 1.8 | 2.2 | 2.3 | 6.6% |
| Others | 4.1 | 2.6 | 1.1 | 1.6 | -26.9% |
| Total | 34.7 | 46.3 | 64.3 | 70.0 | 26.4% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Mexico in 2022:
- United States (62.9M units)
- Guatemala (2.2M units)
Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Mexico
In 2022, approx. 15M units of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses were imported into Mexico; with an increase of 15% against the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked 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 soared to $32M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.4% against 2020 indices. As a result, imports reached 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.4 | 9.9 | 13.1 | 17.3 | 11.7% |
| United States | 2.9 | 2.8 | 3.1 | 3.1 | 2.2% |
| France | 0.6 | 0.5 | 0.9 | 2.4 | 58.7% |
| Italy | 1.2 | 1.0 | 1.3 | 2.1 | 20.5% |
| Colombia | 0.8 | 0.3 | 1.1 | 1.4 | 20.5% |
| Turkey | 1.1 | 0.4 | 0.7 | 1.0 | -3.1% |
| Bulgaria | 0.2 | 0.4 | 0.4 | 1.0 | 71.0% |
| Others | 3.9 | 1.8 | 2.8 | 3.5 | -3.5% |
| Total | 23.2 | 17.2 | 23.3 | 31.8 | 11.1% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Mexico in 2022:
- China (10.0M units)
- United States (1.4M units)
- Colombia (1.1M units)
- Italy (0.7M units)
- France (0.6M units)
- Bulgaria (0.5M units)
- Turkey (0.4M units)
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