Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand - 2024
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand (FOB) - 2022
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand (CIF) - 2024
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand (FOB) - 2022
The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $428 per thousand units in 2022, dropping by -37.6% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 38% against the previous year. As a result, the export price attained the peak level of $1.6 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($580 per thousand units), while the average price for exports to Lao People's Democratic Republic ($275 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 Vietnam (-7.4%), while the prices for the other major destinations experienced a decline.
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand (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 $520 per thousand units, with an increase of 54% against the previous month. Overall, import price indicated modest growth from May 2023 to March 2024: its price increased at an average monthly rate of +1.5% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses increased by +92.4% against December 2023 indices. The import price peaked at $630 per thousand units in September 2023; however, from October 2023 to March 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($1.7 per unit), while the price for Indonesia ($288 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 Bulgaria (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand
For the fourth consecutive year, Thailand recorded growth in shipments abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 103% to 97M units in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses soared to $42M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 11.5 | 11.0 | 7.9 | 12.5 | 2.8% |
India | 7.1 | 3.6 | 7.9 | 9.2 | 9.0% |
China | 3.7 | 1.7 | 3.0 | 2.5 | -12.3% |
United States | 0.7 | 0.8 | 2.0 | 2.4 | 50.8% |
South Korea | 1.5 | 1.4 | 1.6 | 1.9 | 8.2% |
Philippines | 1.1 | 0.7 | 0.8 | 1.2 | 2.9% |
Myanmar | 1.0 | 0.6 | 0.4 | 1.1 | 3.2% |
Taiwan (Chinese) | 0.5 | 0.6 | 0.7 | 1.0 | 26.0% |
Japan | 1.1 | 1.0 | 1.0 | 1.0 | -3.1% |
Australia | 1.0 | 0.8 | 1.0 | 0.9 | -3.5% |
Lao People's Democratic Republic | 0.1 | 0.3 | 0.6 | 0.9 | 108.0% |
Cambodia | 0.6 | 0.5 | 0.7 | 0.9 | 14.5% |
Others | 5.5 | 4.1 | 5.3 | 6.1 | 3.5% |
Total | 35.3 | 27.1 | 33.0 | 41.7 | 5.7% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Thailand in 2022:
- Vietnam (29.7M units)
- India (25.6M units)
- China (6.1M units)
- United States (4.3M units)
- Philippines (3.4M units)
- South Korea (3.4M units)
- Lao People's Democratic Republic (3.2M units)
- Myanmar (3.2M units)
- Taiwan (Chinese) (2.3M units)
- Japan (1.8M units)
- Australia (1.7M units)
- Cambodia (1.7M units)
Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 26% to 12M units in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $7.8M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +54.0% 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 Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.4 | 3.5 | 4.0 | 4.9 | 13.0% |
France | 0.2 | 0.2 | 0.3 | 1.2 | 81.7% |
Indonesia | 1.0 | 0.5 | 0.6 | 0.8 | -7.2% |
Bulgaria | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Others | 1.3 | 0.7 | 0.6 | 0.8 | -14.9% |
Total | 5.9 | 5.0 | 5.6 | 7.8 | 9.8% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Thailand in 2022:
- China (7.3M units)
- Indonesia (2.9M units)
- France (0.4M units)
- Bulgaria (0.3M units)
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