Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan - 2023
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan (CIF) - 2022
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan (FOB) - 2022
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan (CIF) - 2022
The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $5.9 per unit in 2022, with an increase of 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($6 per unit), while the price for China ($4.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.5%), 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 Pakistan (FOB) - 2022
In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $6.9 per unit, falling by -1.9% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +31.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 46%. The export price peaked at $7 per unit in 2021, and then reduced modestly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7 per unit), while the average price for exports to the United Arab Emirates amounted to $4.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+5.3%), 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 Pakistan
In 2022, after three years of growth, there was significant decline in overseas purchases of stemware drinking glasses, other than of lead crystal or glass-ceramicses, when their volume decreased by -77.2% to 14K units. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 95% against the previous year. Imports peaked at 63K units in 2021, and then fell rapidly in the following year.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses contracted markedly to $86K in 2022. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 132% against the previous year. Imports peaked at $302K in 2021, and then plummeted in the following year.
| Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 46.9 | 136 | 222 | 81.0 | 20.0% |
| China | 10.5 | 18.1 | 60.0 | 3.3 | -32.0% |
| Saudi Arabia | 5.9 | N/A | 11.6 | N/A | 40.2% |
| Turkey | 1.0 | 10.4 | N/A | N/A | 940.0% |
| Others | 6.9 | 1.0 | 8.0 | 1.3 | -42.7% |
| Total | 71.2 | 165 | 302 | 85.5 | 6.3% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Pakistan in 2022:
- United Arab Emirates (13.4K units)
- China (0.8K units)
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan
In 2022, shipments abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -4.3% to 9.1K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 73,169%. As a result, the exports attained the peak of 9.5K units, and then contracted slightly in the following year.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses contracted to $63K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 83,469% against the previous year. As a result, the exports attained the peak of $67K, and then declined in the following year.
| Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 66.5 | 60.6 | -8.9% |
| United Arab Emirates | N/A | N/A | N/A | 2.1 | 0% |
| Others | 0.1 | 0.1 | 0.4 | N/A | 100.0% |
| Total | 0.1 | 0.1 | 66.9 | 62.8 | 756.4% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Pakistan in 2022:
- United Kingdom (8.6K units)
- United Arab Emirates (0.5K units)
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