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

Contents:

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

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

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $1.8 per unit in March 2024, declining by -17.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2024 when the average export price increased by 15% against the previous month. As a result, the export price attained the peak level of $2.2 per unit, and then fell remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Cuba ($7.5 per unit), while the average price for exports to Georgia ($946 per thousand units) 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 Russia (+7.0%), 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 Italy (CIF) - 2024

The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $1.6 per unit in March 2024, rising by 60% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $1.7 per unit in April 2023; however, from May 2023 to March 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Thailand ($1.8 per unit), while the price for Egypt ($536 per thousand units) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Egypt (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses from Italy skyrocketed to 46M units, rising by 54% compared with 2021. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 92% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses totaled $80M in 2022. The total export value increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.98.813.012.211.1%
France9.88.310.810.83.3%
Germany5.54.65.25.81.8%
United Kingdom3.93.25.64.97.9%
Belgium2.83.33.84.718.8%
Australia1.81.83.12.613.0%
Switzerland2.32.32.02.30.0%
Spain1.62.22.22.312.9%
Denmark2.12.83.82.0-1.6%
China1.41.42.41.910.7%
Poland1.01.61.81.719.3%
Canada0.81.61.31.523.3%
Serbia0.30.30.50.838.7%
Others18.416.123.726.813.4%
Total60.758.379.280.39.8%

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

  1. United States (6.5M units)
  2. France (5.1M units)
  3. Germany (4.6M units)
  4. United Kingdom (2.4M units)
  5. Belgium (2.3M units)
  6. Spain (2.2M units)
  7. China (1.7M units)
  8. Poland (1.5M units)
  9. Australia (1.3M units)
  10. Canada (1.0M units)
  11. Switzerland (1.0M units)
  12. Denmark (0.9M units)
  13. Serbia (0.8M units)

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

Imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses into Italy soared to 44M units in 2022, rising by 115% on the year before. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 119% 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 soared to $44M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 decreased by -12.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 42%. As a result, imports reached the peak of $50M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.29.56.710.613.8%
France5.35.74.36.25.4%
Netherlands4.16.14.06.114.2%
Slovakia1.81.02.64.737.7%
Turkey2.92.02.33.34.4%
Bulgaria4.12.92.83.3-7.0%
China1.91.12.22.36.6%
Czech Republic2.12.12.11.7-6.8%
Others5.619.45.75.3-1.8%
Total35.149.832.743.57.4%

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

  1. Netherlands (9.5M units)
  2. Germany (7.8M units)
  3. Bulgaria (7.5M units)
  4. Turkey (6.1M units)
  5. France (4.2M units)
  6. Slovakia (2.6M units)
  7. Czech Republic (1.9M units)
  8. China (1.7M units)

Source: IndexBox Market Intelligence Platform

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