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

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand (FOB) - 2022
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand (CIF) - 2024
  3. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Thailand
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam11.511.07.912.52.8%
India7.13.67.99.29.0%
China3.71.73.02.5-12.3%
United States0.70.82.02.450.8%
South Korea1.51.41.61.98.2%
Philippines1.10.70.81.22.9%
Myanmar1.00.60.41.13.2%
Taiwan (Chinese)0.50.60.71.026.0%
Japan1.11.01.01.0-3.1%
Australia1.00.81.00.9-3.5%
Lao People's Democratic Republic0.10.30.60.9108.0%
Cambodia0.60.50.70.914.5%
Others5.54.15.36.13.5%
Total35.327.133.041.75.7%

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

  1. Vietnam (29.7M units)
  2. India (25.6M units)
  3. China (6.1M units)
  4. United States (4.3M units)
  5. Philippines (3.4M units)
  6. South Korea (3.4M units)
  7. Lao People's Democratic Republic (3.2M units)
  8. Myanmar (3.2M units)
  9. Taiwan (Chinese) (2.3M units)
  10. Japan (1.8M units)
  11. Australia (1.7M units)
  12. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China3.43.54.04.913.0%
France0.20.20.31.281.7%
Indonesia1.00.50.60.8-7.2%
Bulgaria0.10.10.10.226.0%
Others1.30.70.60.8-14.9%
Total5.95.05.67.89.8%

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

  1. China (7.3M units)
  2. Indonesia (2.9M units)
  3. France (0.4M units)
  4. Bulgaria (0.3M units)

Source: IndexBox Market Intelligence Platform

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