Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal - 2024
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal (FOB) - 2024
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal (CIF) - 2024
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal (FOB) - 2024
In March 2024, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $988 per thousand units, surging by 2.2% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 10% month-to-month. As a result, the export price reached the peak level of $1.0 per unit; afterwards, it flattened through to March 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($1.4 per unit), while the average price for exports to the United States ($615 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 the Czech Republic (+1.8%), 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 Portugal (CIF) - 2024
The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $1.0 per unit in March 2024, rising by 17% against the previous month. Over the period from April 2023 to March 2024, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in October 2023 an increase of 25% against the previous month. The import price peaked at $1.2 per unit in December 2023; however, from January 2024 to March 2024, import prices remained at a 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 China ($9.3 per unit), while the price for Bulgaria ($578 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 China (+26.7%), 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 Portugal
For the fourth year in a row, Portugal recorded growth in overseas shipments of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 99% to 23M units in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 123% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses soared to $18M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.3 | 5.7 | 8.3 | 9.2 | 3.5% |
| Belgium | 0.5 | 0.8 | 1.6 | 2.4 | 68.7% |
| Netherlands | 1.3 | 0.9 | 1.7 | 1.9 | 13.5% |
| France | 1.1 | 0.7 | 1.0 | 1.3 | 5.7% |
| Czech Republic | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Germany | 0.7 | 0.2 | 0.2 | 0.4 | -17.0% |
| United Kingdom | 0.7 | 0.1 | 0.5 | 0.3 | -24.6% |
| Argentina | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Others | 1.4 | 1.2 | 1.8 | 1.8 | 8.7% |
| Total | 14.4 | 9.9 | 15.5 | 18.0 | 7.7% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Portugal in 2022:
- Spain (11.5M units)
- Belgium (3.2M units)
- Netherlands (3.0M units)
- France (1.6M units)
- Czech Republic (0.7M units)
- Germany (0.7M units)
- Argentina (0.5M units)
- United Kingdom (0.2M units)
Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal
For the fourth consecutive year, Portugal recorded growth in supplies from abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 20% to 17M units in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 204% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses reduced markedly to $13M in 2022. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year. As a result, imports reached the peak of $20M, and then shrank markedly in the following year.
| Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.4 | 3.9 | 5.5 | 5.4 | 0.0% |
| Spain | 3.0 | 2.4 | 12.1 | 4.1 | 11.0% |
| Austria | 0.5 | 0.6 | 0.4 | 0.8 | 17.0% |
| Italy | 0.4 | 0.4 | 0.3 | 0.5 | 7.7% |
| France | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| Turkey | 0.7 | 0.4 | 0.3 | 0.4 | -17.0% |
| Germany | 0.6 | 0.2 | 0.3 | 0.4 | -12.6% |
| Others | 0.8 | 0.6 | 0.6 | 1.1 | 11.2% |
| Total | 11.4 | 8.6 | 19.8 | 13.2 | 5.0% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Portugal in 2022:
- Netherlands (10.0M units)
- Spain (4.2M units)
- Turkey (0.7M units)
- Italy (0.4M units)
- France (0.4M units)
- Austria (0.4M units)
- Germany (0.3M units)
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