Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Saudi Arabia - 2022
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Saudi Arabia (FOB) - 2022
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Saudi Arabia
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Saudi Arabia (FOB) - 2022
In 2021, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $1.9 per unit, surging by 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level 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 Oman ($1.8 per unit), while the average price for exports to Yemen ($792 per thousand units) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Saudi Arabia
In 2022, shipments abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses increased by 30% to 3.2M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a drastic downturn. The exports peaked at 3.8M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses skyrocketed to $5.3M in 2022. In general, exports, however, continue to indicate a pronounced downturn. The exports peaked at $6M 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 Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Bahrain | 213 | 263 | 529 | 57.6% |
| United Arab Emirates | 512 | 679 | 185 | -39.9% |
| Germany | N/A | N/A | 110 | 0% |
| Yemen | 6.7 | N/A | 77.9 | 241.0% |
| Brazil | N/A | N/A | 68.0 | 0% |
| Oman | 158 | 109 | 63.4 | -36.7% |
| Algeria | 77.6 | 45.0 | 52.2 | -18.0% |
| Senegal | N/A | N/A | 46.2 | 0% |
| Lebanon | N/A | 250 | N/A | 0% |
| Others | 5,050 | 3,687 | 3,414 | -17.8% |
| Total | 6,018 | 5,033 | 4,546 | -13.1% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Saudi Arabia in 2022:
- Bahrain (487.4K units)
- United Arab Emirates (174.2K units)
- Yemen (98.3K units)
- Brazil (84.2K units)
- Germany (77.9K units)
- Algeria (62.5K units)
- Senegal (39.2K units)
- Oman (34.9K units)
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