Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore - 2023
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore (CIF) - 2022
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore (FOB) - 2022
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore (CIF) - 2022
In 2022, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $9 per unit, surging by 74% against the previous year. In general, the import price enjoyed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($69 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 Austria (+31.8%), 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 Singapore (FOB) - 2022
The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $12 per unit in 2022, growing by 106% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. 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 Taiwan (Chinese) ($34 per unit), while the average price for exports to Malaysia ($7.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+22.3%), 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 Singapore
Imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses into Singapore contracted markedly to 375K units in 2022, which is down by -33.9% against the previous year's figure. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports of reached the maximum at 596K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses skyrocketed to $3.4M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 increased by +94.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 68%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 626 | 248 | 773 | 833 | 10.0% |
| France | 272 | 509 | 608 | 674 | 35.3% |
| Slovakia | 333 | 112 | 368 | 485 | 13.4% |
| China | 243 | 167 | 228 | 452 | 23.0% |
| Serbia | N/A | 32.5 | 282 | 173 | 130.7% |
| Czech Republic | 16.9 | 69.4 | 66.0 | 119 | 91.7% |
| Italy | 120 | 57.1 | 66.2 | 106 | -4.1% |
| United Kingdom | 67.1 | 24.3 | 5.8 | 76.0 | 4.2% |
| United States | 53.9 | 38.6 | 35.1 | 71.9 | 10.1% |
| Netherlands | 57.2 | 58.0 | 67.2 | 50.7 | -3.9% |
| Turkey | 42.1 | 4.4 | 15.0 | 50.6 | 6.3% |
| Austria | 341 | 273 | 161 | 37.0 | -52.3% |
| Spain | 4.2 | N/A | 3.8 | 36.3 | 105.2% |
| Others | 211 | 145 | 248 | 206 | -0.8% |
| Total | 2,388 | 1,738 | 2,928 | 3,372 | 12.2% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Singapore in 2022:
- China (104.5K units)
- France (90.1K units)
- Germany (56.3K units)
- Slovakia (35.9K units)
- United States (13.9K units)
- Italy (12.8K units)
- Czech Republic (11.4K units)
- Spain (8.0K units)
- United Kingdom (7.3K units)
- Turkey (6.2K units)
- Netherlands (5.6K units)
- Serbia (2.7K units)
- Austria (0.5K units)
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore
Exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses from Singapore dropped markedly to 109K units in 2022, shrinking by -48.7% on the year before. In general, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 26%. The exports peaked at 380K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses expanded markedly to $1.3M in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 23%. The exports peaked at $2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 297 | 453 | 405 | 427 | 12.9% |
| Australia | 500 | 110 | 230 | 239 | -21.8% |
| South Korea | 55.1 | 87.1 | 191 | 125 | 31.4% |
| Malaysia | 30.3 | 13.8 | 61.2 | 113 | 55.1% |
| Hong Kong SAR | 238 | 85.0 | 101 | 81.4 | -30.1% |
| Taiwan (Chinese) | 195 | 89.2 | 51.5 | 73.1 | -27.9% |
| China | 376 | 84.1 | 61.0 | 62.0 | -45.2% |
| Maldives | 11.2 | 0.3 | 18.5 | 45.5 | 59.6% |
| Others | 261 | 83.2 | 119 | 143 | -18.2% |
| Total | 1,964 | 1,005 | 1,237 | 1,309 | -12.6% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Singapore in 2022:
- Japan (46.5K units)
- Australia (16.4K units)
- Malaysia (14.9K units)
- China (6.5K units)
- South Korea (5.8K units)
- Maldives (3.6K units)
- Hong Kong SAR (3.0K units)
- Taiwan (Chinese) (2.2K units)
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