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

Contents:

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

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

The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $878 per thousand units in March 2024, shrinking by -15.7% against the previous month. Over the period under review, the import price recorded a mild descent. The growth pace was the most rapid in June 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $1.2 per unit. From July 2023 to March 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Turkey ($627 per thousand units), while the price for Indonesia ($226 per thousand units) was amongst the lowest.

From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.8%), 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 South Africa (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 per unit, increasing by 9.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($2.5 per unit), while the average price for exports to Nigeria ($553 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+7.9%), 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 South Africa

In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses imported into South Africa fell slightly to 16M units, approximately reflecting the previous year. In general, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked at 24M 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 dropped modestly to $18M in 2022. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Over the period under review, imports of hit record highs at $29M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.04.46.26.2-11.7%
Indonesia3.11.42.33.21.1%
Turkey2.31.31.91.7-9.6%
Czech Republic0.70.81.51.322.9%
United Arab Emirates1.40.71.21.0-10.6%
Italy0.70.20.80.98.7%
France1.40.80.40.8-17.0%
Saudi Arabia0.20.10.30.426.0%
Germany6.40.21.30.3-63.9%
Pakistan0.10.10.10.226.0%
Others3.61.72.42.1-16.4%
Total29.011.718.318.1-14.5%

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

  1. China (6.7M units)
  2. Indonesia (4.4M units)
  3. Turkey (1.3M units)
  4. United Arab Emirates (1.0M units)
  5. Italy (0.4M units)
  6. Pakistan (0.3M units)
  7. Saudi Arabia (0.3M units)
  8. Czech Republic (0.3M units)
  9. France (0.3M units)

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

In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses exported from South Africa expanded significantly to 1.4M units, growing by 5.8% on the year before. Over the period under review, exports, however, showed a abrupt decrease. The exports peaked at 1.6M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses surged to $2.7M in 2022. Overall, exports, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. The exports peaked at $2.9M 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 South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia776375685761-0.6%
Botswana589274231370-14.4%
Zambia2211392592565.0%
Mozambique23665.982.8138-16.4%
Zimbabwe11763.81151334.4%
Swaziland13288.489.1125-1.8%
Angola18882.4129102-18.4%
Ghana39.039260.257.013.5%
Others5694116397067.5%
Total2,8671,8912,2902,650-2.6%

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

  1. Namibia (412.7K units)
  2. Botswana (235.7K units)
  3. Zambia (160.9K units)
  4. Mozambique (77.4K units)
  5. Zimbabwe (76.7K units)
  6. Swaziland (74.0K units)
  7. Angola (70.9K units)
  8. Ghana (29.5K units)

Source: IndexBox Market Intelligence Platform

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