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

Contents:

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

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

In 2022, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $5.4 per unit, picking up by 4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2021 when the average import price increased by 19%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($5.4 per unit) and Saudi Arabia ($5.4 per unit), while the price for Bulgaria ($5.4 per unit) and France ($5.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+46.8%), 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 Egypt (FOB) - 2022

In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $6.2 per unit, growing by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tanzania ($6.2 per unit) and Kenya ($6.2 per unit), while the average price for exports to the UK ($6.2 per unit) and Tunisia ($6.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+38.8%), 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 Egypt

In 2022, approx. 477K units of stemware drinking glasses, other than of lead crystal or glass-ceramicses were imported into Egypt; dropping by -44.6% on the previous year. Overall, imports showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 3.5% against the previous year. Over the period under review, imports of hit record highs at 948K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses contracted remarkably to $2.6M in 2022. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports attained the peak of $4.4M, and then reduced notably in the following year.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1,5611,4981,4231,162-9.4%
Czech Republic1,7661,7261,078674-27.5%
China21.7192852302140.5%
Turkey75.763.433121140.7%
Italy3.69.666.4111213.6%
Netherlands10559.052.431.2-33.3%
France2284.719.631.2-48.5%
United Arab EmiratesN/A0.2546N/A272900.0%
Others40.436.970.850.67.8%
Total3,8013,5894,4392,573-12.2%

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

  1. Saudi Arabia (215.6K units)
  2. Czech Republic (125.0K units)
  3. China (55.9K units)
  4. Turkey (39.2K units)
  5. Italy (20.6K units)
  6. Netherlands (5.8K units)
  7. France (5.8K units)

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

For the third consecutive year, Egypt recorded decline in overseas shipments of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which decreased by -15.8% to 100K units in 2022. Over the period under review, exports saw a precipitous setback. The exports peaked at 868K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses shrank to $619K in 2022. Overall, exports recorded a sharp contraction. Over the period under review, the exports of reached the peak figure at $4.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/A46.7140199.8%
Spain48.7N/A18.394.224.6%
Palestine127220N/A91.2-10.5%
New ZealandN/AN/AN/A60.20%
Lebanon571154N/A39.0-59.1%
Romania238154N/A36.8-46.3%
Brazil17.3N/A12.329.018.8%
United Kingdom3.3N/AN/A25.698.0%
PakistanN/AN/AN/A24.70%
Morocco63110.814020.3-68.2%
Tunisia14412847.812.2-56.1%
TanzaniaN/AN/AN/A11.00%
BulgariaN/AN/AN/A10.90%
Others2,7002,11742323.0-79.6%
Total4,4802,785688619-48.3%

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

  1. Kenya (22.7K units)
  2. Spain (15.2K units)
  3. Palestine (14.7K units)
  4. New Zealand (9.7K units)
  5. Lebanon (6.3K units)
  6. Romania (5.9K units)
  7. Brazil (4.7K units)
  8. United Kingdom (4.1K units)
  9. Pakistan (4.0K units)
  10. Morocco (3.3K units)
  11. Tunisia (2.0K units)
  12. Tanzania (1.8K units)
  13. Bulgaria (1.8K units)

Source: IndexBox Market Intelligence Platform

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