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

Contents:

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

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

In 2022, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $5.4 per unit, picking up by 4.8% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses increased by +56.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($5.4 per unit) and Italy ($5.4 per unit), while the price for Thailand ($5.4 per unit) and France ($5.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.7%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $6.1 per unit, with an increase of 6.2% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses increased by +86.5% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 21%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($38 per unit), while the average price for exports to Cambodia ($5.3 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 Japan (+20.3%), 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 Vietnam

In 2022, overseas purchases of stemware drinking glasses, other than of lead crystal or glass-ceramicses were finally on the rise to reach 897K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep reduction. Over the period under review, imports of reached the maximum at 1.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses skyrocketed to $4.8M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.0% 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 +58.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,7901,3179231,9563.0%
Indonesia1,1806898101,3474.5%
China5873661,161568-1.1%
Germany84.920324724442.2%
Czech Republic66.551.318.514028.2%
France35.456.114412050.2%
Italy83.286.372.511712.0%
Slovakia17712851.599.5-17.5%
Others17515221724411.7%
Total4,1793,0493,6444,8355.0%

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

  1. Thailand (363.3K units)
  2. Indonesia (250.2K units)
  3. China (105.6K units)
  4. Germany (45.3K units)
  5. Czech Republic (26.0K units)
  6. France (22.2K units)
  7. Italy (21.8K units)
  8. Slovakia (18.5K units)

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

In 2022, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses from Vietnam dropped dramatically to 2.5K units, with a decrease of -87.6% on 2021 figures. Overall, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 519%. As a result, the exports reached the peak of 20K units, and then reduced markedly in the following year.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses shrank rapidly to $15K in 2022. Over the period under review, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 499% against the previous year. As a result, the exports attained the peak of $116K, and then contracted markedly in the following year.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia25.714.574.012.7-20.9%
Others10.24.942.22.6-36.6%
Total35.919.411615.3-24.7%

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

  1. Cambodia (2.4K units)

Source: IndexBox Market Intelligence Platform

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