Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka - 2022
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (CIF) - 2022
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (FOB) - 2022
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (CIF) - 2022
The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $789 per thousand units in 2022, picking up by 25% against the previous year. Overall, the import price, however, saw a deep setback. The growth pace was the most rapid in 2015 an increase of 28% against the previous year. Over the period under review, average import prices attained the peak figure at $2.4 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Turkey ($2 per unit), while the price for India ($205 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (FOB) - 2022
In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $3.7 per unit, increasing by 43% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16 per unit), while the average price for exports to Angola ($960 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 Angola (+794.4%), 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 Sri Lanka
In 2022, after three years of growth, there was significant decline in supplies from abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, when their volume decreased by -57.4% to 922K units. Overall, imports showed a perceptible decline. The growth pace was the most rapid in 2020 with an increase of 54%. Over the period under review, imports of hit record highs at 2.2M units in 2021, and then shrank rapidly in the following year.
In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses reduced sharply to $727K in 2022. In general, imports faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of $1.4M, and then shrank significantly in the following year.
| Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,005 | 907 | 1,302 | 682 | -12.1% |
| Thailand | 13.1 | 8.5 | 14.8 | 16.5 | 8.0% |
| India | 2.3 | 2.2 | 19.3 | 7.7 | 49.6% |
| Others | 20.8 | 23.6 | 24.6 | 21.1 | 0.5% |
| Total | 1,041 | 941 | 1,361 | 727 | -11.3% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Sri Lanka in 2022:
- China (806.2K units)
- Thailand (53.3K units)
- India (37.7K units)
Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka
In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses exported from Sri Lanka declined significantly to 16K units, waning by -54.6% on 2021 figures. In general, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 117% against the previous year. Over the period under review, the exports of reached the peak figure at 61K 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 reduced remarkably to $59K in 2022. Overall, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by 130% against the previous year. The exports peaked at $132K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 88.2 | 20.5 | 66.6 | 19.6 | -39.4% |
| Netherlands | 3.0 | 5.9 | 4.5 | 8.9 | 43.7% |
| Germany | N/A | N/A | N/A | 4.1 | 0% |
| Chile | 0.7 | N/A | 2.0 | 3.8 | 75.7% |
| Czech Republic | 1.9 | 0.5 | 2.0 | 3.7 | 24.9% |
| Indonesia | 0.7 | 0.5 | N/A | 2.7 | 56.8% |
| Oman | N/A | N/A | 1.0 | 2.3 | 130.0% |
| Mongolia | 0.2 | N/A | N/A | 1.4 | 91.3% |
| Georgia | N/A | 0.1 | 0.4 | 0.8 | 182.8% |
| Kazakhstan | N/A | N/A | N/A | 0.6 | 0% |
| Angola | N/A | N/A | N/A | 0.3 | 0% |
| Palestine | 5.0 | 0.4 | 0.3 | 0.3 | -60.9% |
| India | 6.6 | 0.2 | 0.1 | N/A | -87.7% |
| Others | 25.4 | 11.0 | 13.3 | 10.1 | -26.5% |
| Total | 132 | 39.2 | 90.2 | 58.6 | -23.7% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Sri Lanka in 2022:
- Maldives (7.3K units)
- Netherlands (2.4K units)
- Chile (1.4K units)
- Oman (0.8K units)
- Georgia (0.6K units)
- Mongolia (0.5K units)
- Angola (0.3K units)
- Czech Republic (0.3K units)
- Indonesia (0.3K units)
- Germany (0.3K units)
- Kazakhstan (0.3K units)
- Palestine (0.1K units)
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