Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan - 2023
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan (FOB) - 2022
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan (CIF) - 2022
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan (FOB) - 2022
In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $2.8 per unit, with a decrease of -13.2% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average export price increased by 34%. The export price peaked at $3.2 per unit in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($3.3 per unit), while the average price for exports to Kenya ($2 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 Yemen (+16.7%), 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 Pakistan (CIF) - 2022
The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $3.1 per unit in 2022, with an increase of 30% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses increased by +67.1% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3.1 per unit), while the price for Turkey amounted to $2.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan
In 2022, approx. 2.5M units of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses were exported from Pakistan; jumping by 34% against 2021 figures. Over the period under review, total exports indicated a strong increase 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, exports increased by +88.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $7.1M in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 61% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cameroon | 71.7 | 48.0 | 550 | 1,132 | 150.9% |
| Saudi Arabia | 614 | 417 | 745 | 947 | 15.5% |
| Yemen | 17.7 | 35.9 | 542 | 601 | 223.8% |
| United Arab Emirates | 422 | 327 | 565 | 438 | 1.2% |
| Brazil | 860 | 1,138 | 1,012 | 385 | -23.5% |
| South Africa | 151 | 184 | 279 | 360 | 33.6% |
| Tanzania | 58.5 | 82.3 | 284 | 302 | 72.8% |
| Poland | 26.7 | 105 | 157 | 266 | 115.2% |
| Kenya | N/A | 9.9 | 35.9 | 240 | 392.4% |
| United Kingdom | 144 | 139 | 239 | 238 | 18.2% |
| Greece | 60.9 | 111 | 82.5 | 227 | 55.0% |
| Argentina | 136 | 218 | 172 | 214 | 16.3% |
| Madagascar | 154 | 100 | 134 | 139 | -3.4% |
| Others | 1,235 | 848 | 1,266 | 1,584 | 8.6% |
| Total | 3,953 | 3,764 | 6,063 | 7,073 | 21.4% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Pakistan in 2022:
- Cameroon (487.4K units)
- Saudi Arabia (337.8K units)
- Brazil (182.7K units)
- United Arab Emirates (181.4K units)
- Yemen (181.1K units)
- South Africa (163.5K units)
- Tanzania (141.6K units)
- Kenya (117.1K units)
- Poland (111.1K units)
- United Kingdom (103.1K units)
- Greece (86.6K units)
- Argentina (78.8K units)
- Madagascar (57.0K units)
Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan
In 2022, overseas purchases of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses decreased by -81.3% to 34K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 39%. As a result, imports reached the peak of 195K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses contracted rapidly to $106K in 2022. Overall, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. As a result, imports reached the peak of $440K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 267 | 434 | 430 | 102 | -27.4% |
| Others | 6.5 | 6.6 | 5.2 | 3.7 | -17.1% |
| Total | 274 | 440 | 435 | 106 | -27.1% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Pakistan in 2022:
- China (32.7K units)
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