Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea - 2022
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea (CIF) - 2022
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea (FOB) - 2022
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea (CIF) - 2022
In December 2022, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $6.8 per unit, growing by 3.7% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2022 an increase of 34% against the previous month. As a result, import price attained the peak level of $8.3 per unit. From May 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($4.4 per unit), while the price for Bulgaria ($751 per thousand units) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by France (+15.3%), 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 South Korea (FOB) - 2022
In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $6.7 per unit, with an increase of 102% against the previous year. Overall, the export price recorded a perceptible expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($15 per unit), while the average price for exports to Indonesia ($1.5 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 the Philippines (+33.7%), 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 South Korea
For the fourth consecutive year, South Korea recorded growth in overseas purchases of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 2.7% to 1.9M units in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.4% 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 +78.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked 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 expanded to $13M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,656 | 2,150 | 4,113 | 4,469 | 39.2% |
Germany | 1,297 | 1,324 | 2,549 | 2,521 | 24.8% |
France | 184 | 650 | 1,031 | 1,117 | 82.4% |
Czech Republic | 178 | 297 | 676 | 676 | 56.0% |
Italy | 191 | 54.3 | 686 | 665 | 51.6% |
Bulgaria | 206 | 563 | 324 | 578 | 41.0% |
Turkey | 476 | 298 | 698 | 544 | 4.6% |
Spain | 2.7 | 47.0 | 67.8 | 178 | 304.0% |
Others | 1,129 | 1,238 | 2,182 | 2,063 | 22.3% |
Total | 5,319 | 6,620 | 12,328 | 12,809 | 34.0% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to South Korea in 2022:
- China (807.4K units)
- Germany (253.7K units)
- Bulgaria (183.7K units)
- Turkey (166.2K units)
- France (157.9K units)
- Czech Republic (92.6K units)
- Italy (72.1K units)
- Spain (51.0K units)
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea
Exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses from South Korea shrank sharply to 13K units in 2022, which is down by -80.6% on 2021. Over the period under review, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 193% against the previous year. As a result, the exports attained the peak of 69K units, and then contracted markedly in the following year.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses dropped remarkably to $89K in 2022. In general, exports showed a noticeable contraction. The growth pace was the most rapid in 2021 when exports increased by 191%. As a result, the exports reached the peak of $228K, and then declined markedly in the following year.
Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 4.2 | 37.3 | 29.3 | 164.1% |
Netherlands | 3.2 | 20.6 | 27.0 | 15.7 | 69.9% |
Germany | 0.3 | 1.3 | 4.9 | 13.0 | 251.2% |
China | 1.6 | 0.1 | N/A | 5.8 | 53.6% |
Thailand | 0.2 | 21.3 | 2.2 | 5.1 | 194.3% |
Canada | 0.1 | 4.0 | 1.2 | 2.8 | 203.7% |
United Arab Emirates | 0.2 | 0.4 | 4.2 | 2.5 | 132.1% |
Indonesia | 2.1 | 11.1 | 8.3 | 1.3 | -14.8% |
Philippines | 21.7 | 0.1 | 2.2 | 0.3 | -76.0% |
Mozambique | N/A | N/A | 68.6 | N/A | 0% |
South Africa | N/A | N/A | 42.4 | N/A | 0% |
Saudi Arabia | 54.7 | N/A | N/A | N/A | 0% |
Others | 19.2 | 15.6 | 30.2 | 13.5 | -11.1% |
Total | 103 | 78.5 | 228 | 89.4 | -4.6% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from South Korea in 2022:
- United States (4.8K units)
- Thailand (2.6K units)
- Netherlands (1.2K units)
- Germany (1.1K units)
- Indonesia (0.9K units)
- United Arab Emirates (0.5K units)
- Canada (0.4K units)
- China (0.4K units)
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