Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey - 2024

Contents:

  1. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey (FOB) - 2024
  2. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey (CIF) - 2022
  3. Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey
  4. Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey (FOB) - 2024

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $3.1 per unit in February 2024, surging by 5.1% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 11% month-to-month. As a result, the export price reached the peak level of $3.3 per unit. From August 2023 to February 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was the United States ($1.3 per unit), while the average price for exports to South Africa ($410 per thousand units) was amongst the lowest.

From May 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.7%), 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 Turkey (CIF) - 2022

The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $2.1 per unit in 2022, picking up by 34% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. Over the period under review, average import prices hit record highs at $5.8 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5.4 per unit), while the price for Egypt ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 25M units of stemware drinking glasses, other than of lead crystal or glass-ceramicses were exported from Turkey; with an increase of 8.3% against 2021. In general, exports, however, saw a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of hit record highs at 26M 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 soared to $65M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +62.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom8.36.811.010.68.5%
Spain5.63.64.16.55.1%
Germany1.71.22.43.830.8%
United States3.03.24.43.66.3%
France3.02.62.43.11.1%
Italy3.02.02.43.00.0%
Poland1.11.62.42.938.1%
Australia1.01.01.82.230.1%
South Africa1.91.01.52.25.0%
Hungary0.20.10.51.595.7%
Romania0.90.61.11.16.9%
Canada0.80.40.50.94.0%
Egypt1.81.01.00.5-34.8%
Others21.614.717.922.71.7%
Total53.839.853.464.76.3%

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

  1. United Kingdom (3.4M units)
  2. Spain (3.1M units)
  3. Italy (1.5M units)
  4. Poland (1.4M units)
  5. Germany (1.4M units)
  6. South Africa (1.2M units)
  7. France (1.2M units)
  8. United States (1.1M units)
  9. Australia (0.8M units)
  10. Hungary (0.6M units)
  11. Romania (0.5M units)
  12. Canada (0.4M units)
  13. Egypt (0.2M units)

Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Turkey

In 2022, purchases abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses decreased by -9% to 5.2M units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +40.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of 5.7M units, and then dropped in the following year.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses soared to $11M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 29%. Imports peaked 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 Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria2.73.73.43.59.0%
Egypt2.11.42.13.012.6%
Czech Republic0.10.70.61.1122.4%
China0.40.61.11.140.1%
Netherlands0.1N/A0.10.571.0%
Italy0.20.80.40.535.7%
Others0.60.91.11.122.4%
Total6.38.18.810.719.3%

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

  1. Egypt (2067.6K units)
  2. Bulgaria (1956.1K units)
  3. China (527.3K units)
  4. Czech Republic (215.2K units)
  5. Netherlands (107.1K units)
  6. Italy (85.0K units)

Source: IndexBox Market Intelligence Platform

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