Thailand - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights

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Safety Glass Price in Thailand - 2023

Contents:

  1. Safety Glass Price in Thailand (CIF) - 2022
  2. Safety Glass Price in Thailand (FOB) - 2023
  3. Safety Glass Imports in Thailand
  4. Safety Glass Exports in Thailand

Safety Glass Price in Thailand (CIF) - 2022

The average safety glass import price stood at $12 per square meter in 2021, picking up by 15% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $45 per square meter. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($22 per square meter), while the price for Malaysia ($9.5 per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-3.0%), while the prices for the other major suppliers experienced a decline.

Safety Glass Price in Thailand (FOB) - 2023

The average safety glass export price stood at $25.1 per square meter in July 2023, reducing by -25.2% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 45% m-o-m. Over the period under review, the average export prices reached the peak figure at $35.7 per square meter in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Vietnam ($59.0 per square meter), while the average price for exports to Indonesia ($5.7 per square meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Glass Imports in Thailand

In 2022, approx. 21M square meters of safety glass were imported into Thailand; growing by 4.4% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% 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 decreased by -2.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. As a result, imports reached the peak of 21M square meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, safety glass imports shrank modestly to $231M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 47%. Over the period under review, imports reached the maximum at $243M in 2021, and then declined slightly in the following year.

Import of Safety Glass in Thailand (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China88.017717340.2%
Malaysia25.824.842.328.0%
Others39.223.427.7-15.9%
Total15322524326.0%

Top Suppliers of Safety Glass to Thailand in 2022:

  1. China (11.8M square meters)
  2. Malaysia (4.5M square meters)

Safety Glass Exports in Thailand

In 2022, approx. 2.2M square meters of safety glass were exported from Thailand; stabilizing at the previous year. In general, total exports indicated a buoyant 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, exports increased by +35.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 37%. As a result, the exports attained the peak of 2.2M square meters, and then contracted in the following year.

In value terms, safety glass exports reduced to $65M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $71M, and then declined in the following year.

Export of Safety Glass in Thailand (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Pakistan8.76.911.816.5%
Vietnam8.47.99.88.0%
Malaysia6.59.57.36.0%
Australia4.15.46.828.8%
Japan3.83.25.217.0%
Philippines5.53.64.4-10.6%
China0.21.44.0347.2%
New Zealand1.72.52.623.7%
Belgium1.11.32.447.7%
India1.91.22.02.6%
Mexico0.10.51.8324.3%
United States1.41.31.710.2%
South Korea1.50.60.4-48.4%
Others15.59.910.6-17.3%
Total60.455.270.88.3%

Top Export Markets for Safety Glass from Thailand in 2022:

  1. Australia (472.8K square meters)
  2. Japan (208.5K square meters)
  3. Pakistan (197.9K square meters)
  4. Vietnam (190.0K square meters)
  5. Malaysia (181.4K square meters)
  6. Philippines (164.3K square meters)
  7. China (94.9K square meters)
  8. Mexico (94.2K square meters)
  9. India (86.3K square meters)
  10. New Zealand (78.4K square meters)
  11. Belgium (49.2K square meters)
  12. South Korea (43.5K square meters)
  13. United States (41.9K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the safety glass market in Thailand. 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:

  • Prodcom 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
  • Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
  • Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
  • Prodcom 23121270 - Laminated safety glass, n.e.c.

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for safety glass worldwide, including key statistics and market analysis of countries such as Germany, United States, Vietnam, Belgium, and more.

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In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

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In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Free Data: Safety Glass - Thailand