Which Country Imports the Most Drawn Glass and Blown Glass in the World?

IndexBox has just published a new report "World: Drawn Glass And Blown Glass - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global glass imports stood at 838K tonnes in 2016, remaining stable against the previous year figure. Overall, glass imports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2010, an increase of 0.9% year-to-year. Over the period under review, global glass imports attained its maximum volume of 984K tonnes in 2007- however, from 2008 to 2016, it failed to regain its strength.

In value terms, glass imports stood at $1.4B in 2016. Overall, glass imports continue to indicate a noticeable expansion. Global glass import peaked of $3B in 2012- however, from 2013 to 2016, it stood at a somewhat lower level.

Top Glass Importing Countries in the World

1. China (389.2 million USD)

2. South Korea (379.2 million USD)

3. Thailand (23.5 million USD)

4. Japan (19.7 million USD)

5. Qatar (8.9 million USD)

6. Saudi Arabia (6.9 million USD)

7. Mongolia (3.1 million USD)

8. Russia (0.6 million USD)

9. Iran (0.3 million USD)

Glass Imports By Country

The imports of the four major importers of glass, namely Japan, Saudi Arabia, China, and Iran, represented more than two-thirds of total import. It was distantly followed by South Korea (57K tonnes), committing 7% share of total glass imports. The following importers - Qatar (19K tonnes), Mongolia (15K tonnes), Thailand (13K tonnes), and Russia (13K tonnes) held near 7% of total imports, each.

From 2007 to 2016, the most notable growth rate of glass imports, among the main importing countries, was attained by Saudi Arabia (+2.6% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest glass markets worldwide were China ($389M), South Korea ($379M) and Thailand ($24M), with a combined 57% share of global imports.

Thailand (+35.0% per year) experienced the highest rates of growth with regard to the glass imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Glass Import Prices By Country

In 2016, the average import price for glass amounted to $1,654 per tonne, lowering by -13.4% against the previous year. Overall, glass import price continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2010, when it surged by 59% against the previous year level. Global glass import peaked of $3,306 per tonne in 2012- however, from 2013 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was South Korea ($6,713 per tonne), while Iran ($3 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of glass import prices was attained by Thailand (+35.8% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global glass market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• glass market share
• glass prices
• glass industry
• glass sales
• glass import
• glass export
• glass market forecast
• glass price forecast
• key glass producers

All data provided in this article covers the following product: HS Code 7004 - Glass- drawn glass and blown glass, in sheets, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked.

Source: World: Drawn Glass And Blown Glass - Market Report. Analysis and Forecast to 2025