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

Contents:

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

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

In March 2024, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $503 per thousand units, declining by -29.3% against the previous month. Over the period under review, the import price showed a noticeable descent. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 43% m-o-m. Over the period under review, average import prices hit record highs at $766 per thousand units in April 2023; however, from May 2023 to March 2024, import prices stood 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 France ($1.2 per unit), while the price for Portugal ($150 per thousand units) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $907 per thousand units in March 2024, falling by -9.4% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 28% against the previous month. The export price peaked at $1.2 per unit in December 2023; however, from January 2024 to March 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was Switzerland ($1.9 per unit), while the average price for exports to Tunisia ($188 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 Switzerland (+9.2%), 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 Spain

In 2022, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses into Spain surged to 105M units, rising by 70% on 2021. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 75%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $64M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.5% 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 +72.1% 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14.27.49.713.5-1.7%
Italy9.97.110.410.10.7%
China8.14.47.58.93.2%
Turkey5.35.26.38.718.0%
Netherlands1.21.02.55.162.0%
Portugal2.52.63.84.824.3%
Germany3.32.83.44.39.2%
Egypt1.31.31.43.336.4%
Bulgaria3.42.51.01.3-27.4%
Others3.52.62.53.71.9%
Total52.737.048.463.76.5%

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

  1. Turkey (24.0M units)
  2. Italy (20.6M units)
  3. Egypt (16.7M units)
  4. France (12.2M units)
  5. China (11.3M units)
  6. Portugal (5.9M units)
  7. Netherlands (5.4M units)
  8. Germany (3.2M units)
  9. Bulgaria (3.1M units)

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

For the fourth consecutive year, Spain recorded growth in overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 33% to 63M units in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 85%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses rose sharply to $41M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 40%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.46.18.07.7-2.9%
Portugal6.33.97.06.51.0%
Germany3.53.23.25.012.6%
France3.63.33.94.57.7%
United Kingdom1.30.91.61.913.5%
Netherlands0.90.40.51.415.9%
Sweden1.41.41.51.3-2.4%
Belgium1.00.81.11.26.3%
Poland0.90.71.31.03.6%
United States1.01.11.30.9-3.5%
Morocco0.60.71.40.914.5%
Mexico0.70.30.50.84.6%
Greece0.50.30.80.817.0%
Others5.64.15.97.18.2%
Total35.727.338.240.94.6%

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

  1. Italy (15.8M units)
  2. Germany (10.6M units)
  3. Portugal (7.9M units)
  4. France (7.9M units)
  5. Sweden (4.0M units)
  6. United Kingdom (1.8M units)
  7. Belgium (1.7M units)
  8. Netherlands (1.5M units)
  9. Poland (1.5M units)
  10. United States (1.3M units)
  11. Greece (1.1M units)
  12. Morocco (0.8M units)
  13. Mexico (0.7M units)

Source: IndexBox Market Intelligence Platform

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