Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore - 2023
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore (CIF) - 2022
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore (FOB) - 2022
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore (CIF) - 2022
The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $4.5 per unit in 2022, growing by 79% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the UK ($15 per unit), while the price for Indonesia ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore (FOB) - 2022
In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $8.3 per unit, picking up by 188% against the previous year. In general, the export price continues to indicate a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Australia ($19 per unit), while the average price for exports to Malaysia ($4.4 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 Pakistan (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore
For the third consecutive year, Singapore recorded decline in supplies from abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which decreased by -23.4% to 1.5M units in 2022. In general, imports recorded a deep reduction. The smallest decline of -3.8% was in 2021. Imports peaked at 2.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses soared to $6.7M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.1% 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 +56.2% 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,711 | 1,635 | 1,768 | 2,419 | 12.2% |
| Germany | 713 | 444 | 843 | 1,211 | 19.3% |
| France | 440 | 522 | 698 | 1,119 | 36.5% |
| Italy | 214 | 81.6 | 141 | 215 | 0.2% |
| Thailand | 181 | 174 | 174 | 213 | 5.6% |
| Poland | 142 | 76.6 | 75.2 | 211 | 14.1% |
| Czech Republic | 52.9 | 33.8 | 89.0 | 204 | 56.8% |
| Japan | 124 | 113 | 127 | 162 | 9.3% |
| United States | 123 | 82.5 | 97.2 | 115 | -2.2% |
| Indonesia | 123 | 159 | 203 | 112 | -3.1% |
| United Kingdom | 164 | 89.6 | 61.0 | 79.6 | -21.4% |
| Bulgaria | 106 | 123 | 177 | 63.5 | -15.7% |
| Austria | 89.7 | 268 | 32.4 | 14.5 | -45.5% |
| Others | 812 | 469 | 369 | 532 | -13.1% |
| Total | 4,995 | 4,271 | 4,855 | 6,670 | 10.1% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Singapore in 2022:
- China (758.8K units)
- France (174.8K units)
- Germany (165.5K units)
- Indonesia (57.6K units)
- Thailand (52.5K units)
- Poland (35.7K units)
- United States (35.2K units)
- Italy (35.0K units)
- Czech Republic (32.8K units)
- Japan (25.9K units)
- Bulgaria (21.9K units)
- United Kingdom (5.2K units)
- Austria (0.4K units)
Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore
For the third year in a row, Singapore recorded decline in overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which decreased by -64.4% to 96K units in 2022. Over the period under review, exports recorded a precipitous curtailment. The smallest decline of -29.9% was in 2021. The exports peaked at 635K 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 expanded modestly to $799K in 2022. In general, exports saw a abrupt curtailment. Over the period under review, the exports of reached the peak figure at $1.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 324 | 118 | 94.3 | 166 | -20.0% |
| Australia | 150 | 172 | 144 | 117 | -7.9% |
| Indonesia | 156 | 53.1 | 54.5 | 68.9 | -23.8% |
| China | 31.3 | 75.3 | 65.0 | 56.6 | 21.8% |
| Hong Kong SAR | 64.9 | 47.0 | 38.2 | 51.4 | -7.5% |
| Japan | 44.9 | 105 | 6.0 | 46.7 | 1.3% |
| Pakistan | N/A | 20.8 | 35.5 | 35.7 | 31.0% |
| Philippines | 54.7 | 16.3 | 29.0 | 33.7 | -14.9% |
| Maldives | 15.4 | 6.2 | 48.8 | 32.0 | 27.6% |
| New Zealand | 22.4 | 4.0 | 24.4 | 29.3 | 9.4% |
| Vietnam | 44.7 | 49.8 | 99.9 | 26.8 | -15.7% |
| Taiwan (Chinese) | 109 | 38.9 | 12.6 | 22.8 | -40.6% |
| Thailand | 42.6 | 25.6 | 46.7 | 20.5 | -21.6% |
| Others | 269 | 281 | 81.6 | 91.8 | -30.1% |
| Total | 1,328 | 1,014 | 780 | 799 | -15.6% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Singapore in 2022:
- Malaysia (37.3K units)
- China (10.2K units)
- Indonesia (9.0K units)
- Australia (6.3K units)
- Hong Kong SAR (6.2K units)
- Maldives (4.4K units)
- Japan (2.8K units)
- Pakistan (2.5K units)
- Philippines (2.5K units)
- Thailand (2.5K units)
- Vietnam (2.3K units)
- New Zealand (1.6K units)
- Taiwan (Chinese) (1.2K units)
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