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

Contents:

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

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

In March 2024, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $2.2 per unit, increasing by 28% against the previous month. Over the period under review, import price indicated temperate growth from April 2023 to March 2024: its price increased at an average monthly rate of +3.8% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -5.9% against January 2024 indices. The most prominent rate of growth was recorded in October 2023 an increase of 44% month-to-month. As a result, import price reached the peak level of $2.4 per unit. From November 2023 to March 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($1.8 per unit), while the price for Turkey amounted to $703 per thousand units.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $5.6 per unit in March 2024, waning by -38.8% against the previous month. Over the period under review, the export price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in January 2024 an increase of 27% against the previous month. The export price peaked at $9.1 per unit in February 2024, and then shrank dramatically in the following month.

There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Iceland ($17.4 per unit), while the average price for exports to Greenland ($3.1 per unit) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Denmark recorded growth in overseas purchases of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 60% to 8.3M units in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses surged to $15M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia1.91.01.73.421.4%
China1.21.22.52.731.0%
Germany1.50.80.91.62.2%
France1.11.01.31.48.4%
Netherlands0.90.41.51.210.1%
Turkey1.01.01.21.13.2%
Sweden1.00.91.01.13.2%
Italy1.42.90.90.9-13.7%
Czech Republic0.50.30.40.66.3%
Others0.30.40.51.049.4%
Total10.710.111.915.011.9%

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

  1. Germany (1369.8K units)
  2. Sweden (1262.7K units)
  3. France (967.9K units)
  4. Turkey (915.7K units)
  5. China (911.7K units)
  6. Slovakia (792.7K units)
  7. Netherlands (770.5K units)
  8. Italy (467.0K units)
  9. Czech Republic (466.7K units)

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

In 2022, overseas shipments of stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -6.5% to 1.2M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 64%. As a result, the exports reached the peak of 1.3M units, and then dropped in the following year.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses declined markedly to $7.3M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $8.9M, and then reduced markedly in the following year.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway3,2703,5572,9612,335-10.6%
Sweden1,5761,7262,3001,7413.4%
Germany42063692583325.6%
United Kingdom19537750242529.7%
Iceland18619323525110.5%
France14613722621814.3%
Netherlands90.711617619428.8%
United States219107292167-8.6%
Poland66.715524312623.6%
Ireland14.424.759.1126106.1%
Greenland38.051.384.564.819.5%
Others56361392885615.0%
Total6,7857,6938,9327,3362.6%

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

  1. Sweden (356.5K units)
  2. Norway (301.6K units)
  3. Germany (131.2K units)
  4. United Kingdom (123.5K units)
  5. Poland (45.6K units)
  6. Netherlands (38.6K units)
  7. Ireland (28.2K units)
  8. France (27.3K units)
  9. Iceland (23.5K units)
  10. Greenland (21.4K units)
  11. United States (17.5K units)

Source: IndexBox Market Intelligence Platform

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