Glass Market - The U.S. Faced with Reduced Exports of Drawn and Blown Glass by 19% to $352M (in 2014, YoY)

Glass August 05, 2015
Author: Alexander Romanenko
Chief Executive Officer

glass market

Despite a 19% dip in exports in 2014, he U.S. held the second spot in the global drawn glass and blown glass trade. In 2014, the U.S. exported 7.1 million square metres of drawn glass and blown glass totaling 352 million USD. Its primary trading partner was China, where it supplied 97% of its total drawn glass and blown glass exports in value terms, accounting for 33% of China's total imports.

From 2007 to 2014, the U.S. was a net exporter on the glass market. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

China and Germany were among the other main global suppliers of drawn glass and blown glass in 2014. The fastest growing exporters from 2007 to 2014 were Jordan (+51.5% per year) and Switzerland (+19.1% per year). However, it was China that significantly strengthened its position in the global export structure.

In 2014, the U.S.'s top 3 trading partners were China, Canada and Mexico, with a combined 100% share of U.S. drawn glass and blown glass exports. The share of China nearly doubled (+85 percentage points), while the share of Canada fell sharply (-15 percentage points).

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Source: World: Drawn Glass And Blown Glass - Market Report. Analysis and Forecast to 2020