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

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Turkey (FOB) - 2024
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Turkey (CIF) - 2022
  3. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Turkey
  4. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Turkey

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

In February 2024, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $2.0 per unit, rising by 4.3% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 7.7% against the previous month. As a result, the export price reached the peak level of $2.1 per unit. From July 2023 to February 2024, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In February 2024, the country with the highest price was Saudi Arabia ($800 per thousand units), while the average price for exports to Moldova ($330 per thousand units) was amongst the lowest.

From May 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Turkey (CIF) - 2022

In 2022, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $1.4 per unit, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19% against the previous year. The import price peaked at $1.5 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2.9 per unit), while the price for Iran ($516 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), 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 Turkey

In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses exported from Turkey rose markedly to 68M units, surging by 5.7% against the year before. Overall, exports, however, saw a slight contraction. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, the exports of reached the maximum at 72M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses soared to $127M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.3% 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. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, the exports of attained the maximum 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 Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.67.56.310.712.1%
United Kingdom8.06.49.610.28.4%
Spain4.03.55.18.327.5%
Iran1.30.91.57.377.7%
Iraq8.85.36.86.8-8.2%
Italy3.83.15.36.318.4%
France4.44.95.66.212.1%
United States4.24.46.65.912.0%
Israel1.71.62.13.020.8%
Poland1.00.91.03.044.2%
Netherlands2.02.42.42.710.5%
South Africa2.21.22.12.20.0%
India0.91.01.72.030.5%
Others50.339.348.552.71.6%
Total10082.71051278.3%

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

  1. United Kingdom (6.1M units)
  2. Spain (6.1M units)
  3. Germany (5.9M units)
  4. Italy (5.0M units)
  5. Iraq (4.2M units)
  6. France (3.8M units)
  7. Iran (2.5M units)
  8. Poland (2.4M units)
  9. Netherlands (1.7M units)
  10. South Africa (1.6M units)
  11. Israel (1.4M units)
  12. United States (1.3M units)
  13. India (1.3M units)

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

In 2022, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses into Turkey amounted to 26M units, growing by 15% compared with 2021 figures. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Imports peaked 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 surged to $36M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +68.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, imports of reached the peak figure 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 Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria9.47.110.715.317.6%
Egypt8.87.67.39.11.1%
China1.53.14.95.251.3%
Poland1.41.92.12.216.3%
Iran0.1N/A0.10.571.0%
Others2.81.93.14.113.6%
Total23.921.628.236.415.1%

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

  1. Bulgaria (11.3M units)
  2. Egypt (9.2M units)
  3. China (1.8M units)
  4. Iran (1.1M units)
  5. Poland (1.0M units)

Source: IndexBox Market Intelligence Platform

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