Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China - 2024

Contents:

  1. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China (FOB) - 2024
  2. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China (CIF) - 2022
  3. Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China
  4. Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China (FOB) - 2024

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $612 per thousand units in April 2024, falling by -7.7% against the previous month. In general, the export price showed a pronounced contraction. The pace of growth was the most pronounced in March 2024 an increase of 15% m-o-m. The export price peaked at $847 per thousand units in July 2023; however, from August 2023 to April 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In April 2024, the country with the highest price was Kazakhstan ($1.5 per unit), while the average price for exports to Brazil ($205 per thousand units) was amongst the lowest.

From May 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China (CIF) - 2022

In 2022, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $2 per unit, dropping by -31.9% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $6.2 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3.2 per unit), while the price for Turkey ($850 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (-9.1%), while the prices for the other major suppliers experienced a decline.

Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China

For the fourth consecutive year, China recorded growth in shipments abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 51% to 144M units in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses skyrocketed to $160M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.519.430.644.229.2%
United Kingdom12.410.116.611.6-2.2%
Australia6.24.56.39.615.7%
South Korea1.82.44.96.351.8%
Russia1.21.64.14.858.7%
South Africa2.71.42.63.913.0%
Brazil3.15.47.93.65.1%
Chile1.70.83.43.628.4%
Mexico1.51.31.53.532.6%
Netherlands1.51.22.43.228.7%
Philippines1.30.71.62.727.6%
Poland1.00.51.72.637.5%
India0.70.51.31.837.0%
Others35.031.246.458.018.3%
Total90.581.213116020.9%

Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from China in 2022:

  1. United States (29.2M units)
  2. Brazil (8.5M units)
  3. Australia (7.1M units)
  4. United Kingdom (6.7M units)
  5. Chile (5.9M units)
  6. Mexico (4.8M units)
  7. South Korea (4.7M units)
  8. Russia (4.4M units)
  9. Netherlands (4.0M units)
  10. South Africa (3.8M units)
  11. Philippines (3.5M units)
  12. India (3.2M units)
  13. Poland (3.0M units)

Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China

For the fourth year in a row, China recorded growth in overseas purchases of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 8.3% to 8.8M units in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses declined sharply to $17M in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% 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 +15.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. As a result, imports reached the peak of $24M, and then reduced remarkably in the following year.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.33.36.33.7-4.9%
Italy2.41.93.42.62.7%
France1.92.43.32.59.6%
Thailand2.11.42.51.7-6.8%
Slovakia1.10.91.81.22.9%
Czech Republic1.00.80.90.8-7.2%
Turkey0.50.30.80.711.9%
Others3.44.24.74.38.1%
Total16.715.023.617.41.4%

Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to China in 2022:

  1. France (1.9M units)
  2. Italy (1.6M units)
  3. Thailand (1.5M units)
  4. Germany (1.2M units)
  5. Turkey (0.8M units)
  6. Czech Republic (0.5M units)
  7. Slovakia (0.4M units)

Source: IndexBox Market Intelligence Platform

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