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

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Portugal (FOB) - 2024
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Portugal (CIF) - 2022
  3. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Portugal
  4. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Portugal

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

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $864 per thousand units in March 2024, shrinking by -5.7% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in December 2023 an increase of 17% m-o-m. As a result, the export price reached the peak level of $920 per thousand units; afterwards, it flattened through to March 2024.

There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was the Czech Republic ($1.4 per unit), while the average price for exports to Belgium ($579 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 the Czech Republic (+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 Portugal (CIF) - 2022

The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $721 per thousand units in 2022, dropping by -21.8% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. The import price peaked at $2.1 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1.2 per unit), while the price for Turkey ($313 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-3.5%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Portugal recorded growth in shipments abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 32% to 73M units in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses shrank to $44M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports reached the peak of $47M, and then dropped in the following year.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.210.315.112.98.1%
Spain8.46.07.410.37.0%
Czech Republic2.62.43.53.611.5%
France3.14.44.73.54.1%
Germany4.02.93.02.7-12.3%
Belgium1.31.72.02.219.2%
United Kingdom3.33.13.52.0-15.4%
Italy0.40.81.21.555.4%
Others6.75.87.15.6-5.8%
Total40.037.347.444.23.4%

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

  1. Netherlands (29.4M units)
  2. Spain (15.5M units)
  3. Czech Republic (4.9M units)
  4. France (4.3M units)
  5. Germany (4.1M units)
  6. Belgium (3.6M units)
  7. Italy (2.7M units)
  8. United Kingdom (2.6M units)

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

Imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses into Portugal skyrocketed to 16M units in 2022, picking up by 70% on the year before. Overall, imports showed significant growth. As a result, imports attained the peak 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 surged to $11M in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.6% 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 +65.2% against 2020 indices. As a result, imports attained 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5,2622,7523,7585,193-0.4%
China1,3315816971,287-1.1%
Italy6064055151,07220.9%
Netherlands49442761680217.5%
Poland65.712530840483.2%
Turkey773711508402-19.6%
France12861353623622.6%
Colombia17.919.615.8146101.3%
Others1,8111,2281,5501,796-0.3%
Total10,4886,8628,50511,3382.6%

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

  1. Spain (6.7M units)
  2. Italy (2.1M units)
  3. China (1.5M units)
  4. Turkey (1.3M units)
  5. Netherlands (1.1M units)
  6. Poland (0.7M units)
  7. Colombia (0.4M units)
  8. France (0.2M units)

Source: IndexBox Market Intelligence Platform

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