Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR - 2024
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR (CIF) - 2022
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR (FOB) - 2022
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR (CIF) - 2022
The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $10 per unit in 2022, stabilizing at the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses increased by +140.6% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 42%. Over the period under review, average import prices attained the maximum at $10 per unit in 2021, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($107 per unit), while the price for Turkey ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+39.4%), 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 Hong Kong SAR (FOB) - 2022
In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $9.3 per unit, with a decrease of -15.7% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -24.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 40%. As a result, the export price attained the peak level of $12 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($16 per unit), while the average price for exports to Australia ($4.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.0%), 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 Hong Kong SAR
In 2022, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses into Hong Kong SAR contracted significantly to 148K units, waning by -18% compared with 2021 figures. In general, imports continue to indicate a dramatic contraction. The smallest decline of -2.6% was in 2021. Over the period under review, imports of attained the peak figure at 439K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses contracted sharply to $1.5M in 2022. Over the period under review, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Imports peaked at $2.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 839 | 439 | 442 | 443 | -19.2% |
| France | 249 | 194 | 244 | 432 | 20.2% |
| Germany | 632 | 306 | 560 | 234 | -28.2% |
| Italy | 96.5 | 81.0 | 224 | 66.3 | -11.8% |
| Slovenia | N/A | 0.4 | 28.1 | 55.2 | 1074.7% |
| Bulgaria | 50.4 | 55.4 | 2.6 | 43.1 | -5.1% |
| Japan | 49.2 | 69.5 | 37.6 | 41.9 | -5.2% |
| United States | 45.5 | 26.6 | 48.3 | 8.5 | -42.8% |
| Others | 457 | 270 | 231 | 163 | -29.1% |
| Total | 2,419 | 1,443 | 1,818 | 1,487 | -15.0% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Hong Kong SAR in 2022:
- China (75.5K units)
- Germany (18.7K units)
- Bulgaria (18.1K units)
- France (16.8K units)
- Japan (5.2K units)
- Slovenia (4.6K units)
- Italy (1.7K units)
- United States (0.4K units)
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR
In 2022, shipments abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -30.3% to 36K units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, the exports reached the peak of 89K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses declined dramatically to $335K in 2022. In general, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year. As a result, the exports reached the peak of $1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 16.8 | 4.2 | 9.0 | 95.2 | 78.3% |
| China | 28.3 | 150 | 168 | 46.3 | 17.8% |
| Macao SAR | 312 | 583 | 135 | 43.8 | -48.0% |
| France | 107 | 7.5 | 23.9 | 35.8 | -30.6% |
| Australia | 10.9 | 15.4 | 5.1 | 32.2 | 43.5% |
| United States | 166 | 104 | 64.0 | 20.5 | -50.2% |
| Japan | 0.2 | 9.2 | 1.9 | 12.3 | 294.7% |
| Singapore | 16.6 | 35.1 | 35.7 | 10.1 | -15.3% |
| Canada | 16.2 | 3.6 | 108 | 1.4 | -55.8% |
| United Arab Emirates | 13.9 | 20.8 | N/A | 1.3 | -54.6% |
| South Africa | 47.8 | 1.0 | N/A | N/A | -97.9% |
| Others | 55.6 | 106 | 18.5 | 35.7 | -13.7% |
| Total | 790 | 1,040 | 570 | 335 | -24.9% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Hong Kong SAR in 2022:
- Philippines (10.3K units)
- Australia (6.5K units)
- Macao SAR (5.9K units)
- China (4.1K units)
- United States (3.2K units)
- France (2.4K units)
- Japan (0.8K units)
- Singapore (0.7K units)
- Canada (0.2K units)
- United Arab Emirates (0.1K units)
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