Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam - 2022
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam (CIF) - 2022
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam (FOB) - 2022
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam (CIF) - 2022
In 2022, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $2.8 per unit, increasing by 36% against the previous year. In general, the import price showed resilient growth. The pace of growth was the most pronounced in 2019 an increase of 41%. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($2.8 per unit), while the price for Thailand ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam (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 per unit, increasing by 2.9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the maximum at $3.2 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($6.4 per unit), while the average price for exports to Kazakhstan ($743 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 the UK (+11.9%), 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 Vietnam
After three years of growth, overseas purchases of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses decreased by -71.1% to 16M units in 2022. Over the period under review, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 190%. Imports peaked at 55M units in 2021, and then declined rapidly in the following year.
In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses shrank markedly to $44M in 2022. In general, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 182%. Over the period under review, imports of attained the peak figure at $113M in 2021, and then dropped markedly in the following year.
| Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.5 | 58.5 | 85.7 | 28.7 | 17.9% |
| Thailand | 13.2 | 28.9 | 19.8 | 12.5 | -1.8% |
| Indonesia | 1.6 | 3.3 | 3.3 | 1.4 | -4.4% |
| Others | 1.3 | 4.0 | 3.9 | 1.7 | 9.4% |
| Total | 33.6 | 94.6 | 113 | 44.2 | 9.6% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Vietnam in 2022:
- China (10.4M units)
- Thailand (4.5M units)
- Indonesia (0.5M units)
Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam
In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses exported from Vietnam skyrocketed to 184K units, growing by 30% on 2021. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 254% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $547K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 327%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.4 | 85.8 | 181 | 216 | 266.2% |
| United Kingdom | 2.4 | 13.6 | 19.4 | 66.8 | 203.1% |
| United States | 37.9 | 107 | 75.5 | 65.3 | 19.9% |
| Brazil | 13.0 | 31.9 | 44.4 | 29.1 | 30.8% |
| Belgium | 10.5 | 56.6 | 4.8 | 19.9 | 23.8% |
| China | 1.4 | 11.9 | 14.3 | 18.9 | 138.1% |
| Kazakhstan | 0.3 | 1.7 | 10.5 | 17.5 | 287.8% |
| Singapore | 3.8 | 10.9 | 8.0 | 7.2 | 23.7% |
| Others | 21.5 | 87.0 | 52.1 | 106 | 70.2% |
| Total | 95.2 | 406 | 409 | 547 | 79.1% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Vietnam in 2022:
- Japan (70.0K units)
- United States (25.2K units)
- Kazakhstan (23.5K units)
- Brazil (21.8K units)
- United Kingdom (10.5K units)
- Belgium (7.3K units)
- China (6.1K units)
- Singapore (2.3K units)
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