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

Contents:

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

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

The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $3.0 per unit in February 2024, shrinking by -16.5% against the previous month. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 36% month-to-month. Over the period under review, average import prices reached the maximum at $4.8 per unit in May 2023; however, from June 2023 to February 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4.0 per unit), while the price for Colombia ($330 per thousand units) was amongst the lowest.

From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Spain (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $2.3 per unit in February 2024, surging by 18% against the previous month. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in August 2023 an increase of 117% m-o-m. The export price peaked at $2.8 per unit in November 2023; however, from December 2023 to February 2024, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In February 2024, the country with the highest price was the United States ($562 per thousand units), while the average price for exports to Guatemala ($420 per thousand units) was amongst the lowest.

From April 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.3%), 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 Mexico

In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses imported into Mexico surged to 5.2M units, growing by 37% compared with the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses skyrocketed to $24M in 2022. In general, imports recorded a buoyant increase. 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 Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.62.22.74.68.5%
United States3.53.03.04.26.3%
Germany1.80.92.43.524.8%
Czech Republic1.50.61.22.111.9%
France0.40.60.41.968.1%
Colombia1.51.21.11.50.0%
Turkey0.60.50.41.226.0%
Netherlands1.10.51.30.7-14.0%
Bulgaria0.20.60.30.751.8%
Others3.01.52.54.010.1%
Total17.211.615.324.512.5%

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

  1. China (1414.0K units)
  2. United States (987.2K units)
  3. Colombia (841.5K units)
  4. Turkey (369.5K units)
  5. France (314.4K units)
  6. Bulgaria (260.7K units)
  7. Czech Republic (234.7K units)
  8. Germany (207.0K units)
  9. Netherlands (106.1K units)

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

For the fourth year in a row, Mexico recorded growth in shipments abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 72% to 4.6M units in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak 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 rose notably to $6.9M in 2022. Overall, exports, however, continue to indicate a pronounced decrease. The exports peaked at $7.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.16.56.26.62.7%
Guatemala0.60.20.20.2-30.7%
Others0.60.30.10.1-45.0%
Total7.47.06.56.9-2.3%

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

  1. United States (4.4M units)
  2. Guatemala (0.1M units)

Source: IndexBox Market Intelligence Platform

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