U.S. Flat Glass Market. Analysis And Forecast to 2030
Update: COVID-19 Impact
Flat Glass Market - U.S. Flat Glass Exports Wanes, however, Canada Emerges as the Key Destination
Photo: © binik / Bigstockphoto
The U.S. takes a X% share (based on USD) of global exports on the flat glass market, which put it in third place, following China (X%) and Germany (X%). In 2015, the U.S. exported X million USD, which was X% under the previous year.
From 2007 to 2015, U.S. flat glass exports showed mixed dynamics. A significant drop over 2008-2009 was followed by a recovery attempt over the next two years, until exports decreased again. From 2013 to 2015, exports fluctuated mildly, resulting into a slight decline by the end of the period.
Despite a weak growth over 2010-2011, exports failed to reach the peak level of 2007. As the overall trend was negative over the last six years, exports could hardly be expected to close that gap in the medium term.
Despite the fact that the reduction of exports limits the growth of domestic industry, the U.S remains one of the world's largest exporters of flat glass.
In 2015, Canada was the main destination of U.S. flat glass exports, with a X% share of total exports, based on USD. Despite the decline of total exports, the value of exports to Canada grew by +X% per year. As a result, the share exported to Canada increased from X% in 2007 to X% in 2015. The shares of other countries of destination remained relatively stable over the period under review.
From 2007 to 2015, the U.S. was a net exporter of flat glass. However, imports slightly grew from 2007 to 2015, while exports declined over the same period.
From 2008 to 2013, U.S. net exports of flat glass remained relatively constant, running a surplus of around X million USD. Over the two years that followed, however, that surplus not only diminished, but also turned into a trade deficit. The trade deficit reached X million USD in 2015, driven by rising imports of flat glass.
Do you want to know more about the U.S. flat glass market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- flat glass market share
- flat glass prices
- flat glass industry
- flat glass sales
- flat glass market forecast
- flat glass price forecast
- key flat glass producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the flat glass 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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