Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka - 2022

Contents:

  1. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (CIF) - 2022
  2. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (FOB) - 2022
  3. Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka
  4. Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (CIF) - 2022

The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $1.1 per unit in 2022, which is down by -36% against the previous year. Overall, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 63%. The import price peaked at $2.7 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2.3 per unit), while the price for China ($962 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (FOB) - 2022

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $5.5 per unit in 2022, increasing by 93% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $5.5 per unit in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($6.1 per unit), while the average price for exports to Seychelles ($276 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+38.0%), 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 Sri Lanka

In 2022, approx. 237K units of stemware drinking glasses, other than of lead crystal or glass-ceramicses were imported into Sri Lanka; jumping by 36% against 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. As a result, imports reached the peak of 257K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses contracted to $257K in 2022. Over the period under review, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of $455K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10318898.216717.5%
Thailand68.241.850.027.2-26.4%
Italy38.09.85.424.8-13.3%
JapanN/AN/AN/A15.50%
PolandN/AN/A4.714.3204.3%
Germany63.794.17.64.9-57.5%
SwedenN/A0.91.8N/A100.0%
Austria61.393.489.0N/A20.5%
Indonesia15.9N/AN/AN/A0%
Others45.526.837.93.1-59.2%
Total396455295257-13.4%

Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Sri Lanka in 2022:

  1. China (173.6K units)
  2. Thailand (26.5K units)
  3. Italy (14.8K units)
  4. Poland (12.6K units)
  5. Japan (6.7K units)
  6. Germany (0.4K units)

Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka

In 2022, overseas shipments of stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -61.2% to 6.1K units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 479% against the previous year. As a result, the exports reached the peak of 23K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses reduced remarkably to $33K in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 465%. As a result, the exports attained the peak of $107K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A27.00%
Costa Rica0.2N/A9.92.6135.1%
FranceN/AN/AN/A0.80%
Canada0.2N/A0.10.535.7%
Colombia0.112.1N/A0.458.7%
Thailand7.019.51.00.4-61.5%
BahrainN/AN/AN/A0.20%
Netherlands1.325.816.00.2-46.4%
Spain1.216.3N/AN/A1258.3%
ChileN/AN/A2.7N/A0%
SeychellesN/AN/AN/AN/A0%
MongoliaN/A9.1N/AN/A0%
Saudi ArabiaN/AN/A6.0N/A0%
Others8.823.78.71.3-47.1%
Total18.910744.433.320.8%

Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Sri Lanka in 2022:

  1. United States (4601.0 units)
  2. Costa Rica (557.0 units)
  3. Thailand (197.0 units)
  4. Seychelles (145.0 units)
  5. France (126.0 units)
  6. Canada (125.0 units)
  7. Bahrain (122.0 units)
  8. Netherlands (39.0 units)
  9. Colombia (38.0 units)

Source: IndexBox Market Intelligence Platform

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