U.S. Glass Products Market. Analysis And Forecast to 2030
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View PricingGlass Product Price in the United States - 2023
Contents:
- Glass Product Price in the United States (CIF) - 2022
- Glass Product Price in the United States (FOB) - 2022
- Glass Product Imports in the United States
- Glass Product Exports in the United States
Glass Product Price in the United States (CIF) - 2022
The average glass product import price stood at $3,473 per ton in 2022, rising by 12% against the previous year. In general, the import price, however, faced a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 39%. As a result, import price attained the peak level of $21,651 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 Mexico ($7,382 per ton), while the price for Malaysia ($736 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+25.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Product Price in the United States (FOB) - 2022
The average glass product export price stood at $32,972 per ton in 2022, reducing by -14.6% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $96,993 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($191,745 per ton), while the average price for exports to Trinidad and Tobago ($910 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Product Imports in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of glass products, when their volume decreased by -7.2% to 840K tons. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 519%.
In value terms, glass product imports expanded modestly to $2.9B in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Glass Product in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,066 | 969 | 1,202 | 1,114 | 1.5% |
| Mexico | 369 | 376 | 457 | 527 | 12.6% |
| Canada | 143 | 133 | 152 | 177 | 7.4% |
| Malaysia | 13.1 | 19.1 | 21.6 | 14.0 | 2.2% |
| Others | 792 | 819 | 965 | 1,084 | 11.0% |
| Total | 2,384 | 2,316 | 2,796 | 2,917 | 7.0% |
Top Suppliers of Glass Product to the United States in 2022:
- China (524.6K tons)
- Canada (117.6K tons)
- Mexico (71.5K tons)
- Malaysia (19.1K tons)
Glass Product Exports in the United States
In 2022, the amount of glass products exported from the United States skyrocketed to 82K tons, picking up by 23% on the previous year. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.1% 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 +91.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 49%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, glass product exports totaled $2.7B in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.1%.
| Export of Glass Product in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 512 | 499 | 527 | 548 | 2.3% |
| Canada | 582 | 476 | 476 | 530 | -3.1% |
| Japan | 319 | 304 | 332 | 318 | -0.1% |
| China | 232 | 247 | 305 | 306 | 9.7% |
| Mexico | 292 | 262 | 281 | 262 | -3.5% |
| South Korea | 83.4 | 81.0 | 93.6 | 104 | 7.6% |
| France | 63.0 | 49.8 | 41.8 | 56.9 | -3.3% |
| Trinidad and Tobago | 1.5 | 1.3 | 1.1 | 1.9 | 8.2% |
| Others | 667 | 485 | 519 | 578 | -4.7% |
| Total | 2,751 | 2,405 | 2,577 | 2,705 | -0.6% |
Top Export Markets for Glass Product from the United States in 2022:
- Canada (28.5K tons)
- Mexico (21.8K tons)
- France (6.4K tons)
- Germany (5.9K tons)
- China (3.0K tons)
- South Korea (3.0K tons)
- Trinidad and Tobago (2.1K tons)
- Japan (1.7K tons)
This report provides an in-depth analysis of the glass product market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 327215 - Glass product manufacturing made of purchased glass
Companies mentioned:
- Gentex Corporation
- Grote Industries
- Safelite Glass Corp.
- AGC Flat Glass North America
- Cardinal Glass Industries
- Magna Mirrors of America
- Wheaton Industries
- Gerresheimer Glass
- SMR Automotive Systems USA
- Apogee Enterprises
- J.E. Berkowitz
- Potters Industries
- Lawson Industries
- Prl Glass Systems
- Larry Methvin Installations
- Kimble Chase Life Science and Research Products
- Chase Scientific Glass
- Consolidated Glass & Mirror Corporation
- Anchi
- JPS Composite Materials Corp.
- Magna Mirrors North America
- Rauch Industries
- Gardner Glass Products
- Vuteq Usa
- Oldcastle Buildingenvelope
- Carlex Glass America
- SMR Automotive Technology Holdings USA Partners
- SMR Automotive Mirror International USA
- Erie Scientific
- US Test Company 350
- Ferro Color & Glass Corporation
- Custom Glass Solutions Upper Sandusky Corp.
- Murakami Manufacturing U.S.A.
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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