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

Contents:

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

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

In 2022, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $1.2 per unit, surging by 4.2% against the previous year. Overall, the import price, however, saw a deep reduction. The growth pace was the most rapid in 2020 an increase of 33%. Over the period under review, average import prices attained the maximum at $2.4 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1.4 per unit), while the price for India ($805 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $3.8 per unit in 2022, rising by 7.3% against the previous year. Over the period under review, the export price enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2017 an increase of 187% against the previous year. As a result, the export price attained the peak level of $12 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($11 per unit), while the average price for exports to Portugal ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+485.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 2.7M units of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses were imported into Nepal; declining by -4.5% against 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.5% 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 +80.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of 2.8M units, and then contracted in the following year.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses fell modestly to $3.3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +73.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 74%. As a result, imports reached the peak of $3.3M, leveling off in the following year.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1999821,7651,76213.7%
India4552686195184.4%
United Arab Emirates1245.811933238.9%
Indonesia12910327533237.0%
Thailand68.873.818620744.4%
Poland17.017413223.210.9%
Others143297220126-4.1%
Total2,1361,9043,3173,29915.6%

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

  1. China (1283.7K units)
  2. India (644.1K units)
  3. United Arab Emirates (241.6K units)
  4. Indonesia (241.6K units)
  5. Thailand (150.8K units)
  6. Poland (11.4K units)

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

In 2022, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses from Nepal amounted to 54 units, flattening at 2021 figures. Overall, exports saw a sharp descent. The smallest decline of -29.9% was in 2021. Over the period under review, the exports of reached the maximum at 326 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses rose significantly to $206 in 2022. Over the period under review, exports faced a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 12%. The exports peaked at $839 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13689.091.0111-6.5%
South AfricaN/AN/A1.041.04000.0%
United Arab EmiratesN/AN/AN/A21.00%
PortugalN/AN/AN/A14.00%
Switzerland10.03.01.011.03.2%
Canada24374.022.08.0-68.0%
South KoreaN/AN/A29.0N/A0%
SwedenN/AN/A48.0N/A0%
France450N/AN/AN/A0%
OthersN/A6.0N/AN/A0%
Total839172192206-37.4%

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

  1. Spain (16.0 units)
  2. United Arab Emirates (15.0 units)
  3. Portugal (10.0 units)
  4. South Africa (7.0 units)
  5. Canada (5.0 units)
  6. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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