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

Contents:

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

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

The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $838 per thousand units in March 2024, surging by 5.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 6.7% against the previous month. The import price peaked at $885 per thousand units in November 2023; however, from December 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 Germany ($2.4 per unit), while the price for Colombia ($298 per thousand units) was amongst the lowest.

From June 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), 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 the United States (FOB) - 2024

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $823 per thousand units in March 2024, dropping by -10.4% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 20% against the previous month. As a result, the export price reached the peak level of $972 per thousand units. From October 2023 to March 2024, the the average 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 Italy ($3.5 per unit), while the average price for exports to Cayman Islands ($524 per thousand units) was amongst the lowest.

From June 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+40.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in the United States

In 2022, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses into the United States soared to 367M units, jumping by 28% against the previous year. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 144% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $294M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China81.466.911113518.4%
Mexico33.438.054.161.222.4%
Germany16.911.415.215.7-2.4%
Italy10.88.511.613.16.6%
France7.96.38.810.49.6%
Colombia3.73.07.38.029.3%
Poland6.94.36.96.90.0%
Others26.921.236.543.217.1%
Total18816025229416.1%

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

  1. China (162.3M units)
  2. Mexico (117.9M units)
  3. Colombia (16.4M units)
  4. Italy (11.8M units)
  5. France (11.7M units)
  6. Germany (8.2M units)
  7. Poland (4.7M units)

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

For the fourth consecutive year, the United States recorded growth in overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 52% to 39M units in 2022. In general, exports recorded a significant expansion. 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 $37M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at $37M 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada23.917.820.727.14.3%
Mexico2.85.02.03.13.5%
Netherlands1.20.40.40.8-12.6%
Australia0.70.50.80.84.6%
South Korea0.20.30.40.314.5%
Japan1.80.40.90.2-51.9%
Others6.43.35.84.6-10.4%
Total37.027.731.036.8-0.2%

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

  1. Canada (27.3M units)
  2. Mexico (3.2M units)
  3. Australia (1.6M units)
  4. Netherlands (1.3M units)
  5. South Korea (0.6M units)
  6. Japan (0.3M units)

Source: IndexBox Market Intelligence Platform

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