Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Indonesia - 2022

Contents:

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

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

The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $2.8 per unit in 2022, increasing by 11% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +23.6% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 ($17 per unit), while the price for China ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.5%), 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 Indonesia (FOB) - 2022

In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $1.4 per unit, growing by 13% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 increased by +68.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3.3 per unit), while the average price for exports to Algeria ($308 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 Myanmar (+18.3%), 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 Indonesia

In 2022, after two years of decline, there was significant growth in purchases abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses, when their volume increased by 88% to 473K units. Overall, imports, however, showed a abrupt downturn. Over the period under review, imports of reached the peak figure at 608K 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 soared to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a perceptible setback. Imports peaked at $1.4M 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 Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7306204568886.7%
Germany21012340.7125-15.9%
Italy41.747.811.587.728.1%
France77.742.418.452.2-12.4%
Thailand84.343.915.745.3-18.7%
Others306186103147-21.7%
Total1,4501,0636451,345-2.5%

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

  1. China (414.3K units)
  2. Italy (15.4K units)
  3. Thailand (12.4K units)
  4. Germany (7.2K units)
  5. France (4.9K units)

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

In 2022, overseas shipments of stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -16.5% to 624K units, falling for the second year in a row after two years of growth. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports attained the peak of 1.7M 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 dropped to $846K in 2022. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States51.680.183.210325.9%
Vietnam14587.370.256.7-26.9%
Ethiopia79.610871.450.3-14.2%
Myanmar20.717.213.044.028.6%
South Africa58.653.545.240.0-12.0%
Cameroon35.231.629.136.00.8%
Algeria28.229.328.329.00.9%
Cambodia35.033.529.627.9-7.3%
Panama48.638.127.621.4-23.9%
Botswana16.418.318.920.98.4%
Gabon13.030.023.820.115.6%
Kenya54.859.915.317.3-31.9%
Angola8.410.315.514.319.4%
Others633861422366-16.7%
Total1,2281,458893846-11.7%

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

  1. Algeria (94.4K units)
  2. Botswana (59.4K units)
  3. Vietnam (54.2K units)
  4. Myanmar (41.1K units)
  5. Ethiopia (36.7K units)
  6. South Africa (35.3K units)
  7. United States (31.3K units)
  8. Cameroon (30.4K units)
  9. Gabon (22.0K units)
  10. Kenya (19.7K units)
  11. Panama (17.1K units)
  12. Angola (17.0K units)
  13. Cambodia (14.4K units)

Source: IndexBox Market Intelligence Platform

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