Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand - 2024
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand (FOB) - 2024
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand (CIF) - 2024
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand (FOB) - 2024
The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $1.3 per unit in March 2024, surging by 7.6% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 20% against the previous month. The export price peaked at $1.5 per unit in October 2023; however, from November 2023 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Canada ($2.2 per unit), while the average price for exports to Lao People's Democratic Republic ($448 per thousand units) was amongst the lowest.
From May 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.2%), 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 Thailand (CIF) - 2024
The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $260 per thousand units in March 2024, dropping by -17.8% against the previous month. In general, the import price saw a perceptible descent. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 64% m-o-m. As a result, import price reached the peak level of $433 per thousand units. From September 2023 to March 2024, the average 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 ($344 per thousand units), while the price for Japan stood at $195 per thousand units.
From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Japan (-0.5%).
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand
In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses exported from Thailand surged to 12M units, rising by 51% compared with the previous year's figure. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 98%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses expanded notably to $15M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +64.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 1,463 | 1,187 | 904 | 1,997 | 10.9% |
India | 1,033 | 457 | 794 | 1,697 | 18.0% |
United States | 1,470 | 1,158 | 2,263 | 1,651 | 3.9% |
China | 1,997 | 1,574 | 2,292 | 1,320 | -12.9% |
Japan | 1,176 | 1,009 | 973 | 1,209 | 0.9% |
Australia | 517 | 122 | 678 | 825 | 16.9% |
Hong Kong SAR | 535 | 640 | 902 | 737 | 11.3% |
United Kingdom | 405 | 138 | 212 | 452 | 3.7% |
Taiwan (Chinese) | 236 | 242 | 305 | 387 | 17.9% |
Malaysia | 338 | 177 | 360 | 380 | 4.0% |
South Africa | 83.5 | 84.5 | 243 | 346 | 60.6% |
Lao People's Democratic Republic | 228 | 210 | 139 | 231 | 0.4% |
Myanmar | 222 | 100 | 88.9 | 199 | -3.6% |
Others | 2,933 | 1,962 | 3,448 | 3,503 | 6.1% |
Total | 12,637 | 9,061 | 13,603 | 14,933 | 5.7% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Thailand in 2022:
- India (1883.5K units)
- Vietnam (1720.4K units)
- China (1347.7K units)
- United States (1005.0K units)
- Japan (882.9K units)
- Lao People's Democratic Republic (787.2K units)
- Australia (672.9K units)
- Myanmar (354.3K units)
- United Kingdom (331.2K units)
- Taiwan (Chinese) (312.3K units)
- Malaysia (304.3K units)
- Hong Kong SAR (264.1K units)
- South Africa (260.1K units)
Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand
For the fourth consecutive year, Thailand recorded growth in purchases abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 31% to 12M units in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $3.9M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2,312 | 2,274 | 2,328 | 2,408 | 1.4% |
China | 362 | 421 | 348 | 542 | 14.4% |
Czech Republic | 82.9 | 96.4 | 168 | 278 | 49.7% |
Indonesia | 0.2 | 38.8 | 107 | 55.0 | 550.3% |
Others | 433 | 489 | 733 | 648 | 14.4% |
Total | 3,190 | 3,319 | 3,684 | 3,931 | 7.2% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Thailand in 2022:
- Japan (10.6M units)
- China (0.9M units)
- Indonesia (0.2M units)
- Czech Republic (0.2M units)
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