Singapore - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFlat Glass Price in Singapore - 2022
Contents:
- Flat Glass Price in Singapore (CIF) - 2022
- Flat Glass Price in Singapore (FOB) - 2022
- Flat Glass Imports in Singapore
- Flat Glass Exports in Singapore
Flat Glass Price in Singapore (CIF) - 2022
In 2022, the average flat glass import price amounted to $8.6 per square meter, waning by -21.7% against the previous year. Over the period under review, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 499% against the previous year. The import price peaked at $21 per square meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Vietnam ($145 per square meter), while the price for Thailand ($0.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+69.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Flat Glass Price in Singapore (FOB) - 2022
In 2022, the average flat glass export price amounted to $2.3 per square meter, reducing by -75.6% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2019 an increase of 230%. As a result, the export price attained the peak level of $16 per square meter. From 2020 to 2022, the average export prices remained at a lower figure.
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 Thailand ($60 per square meter), while the average price for exports to Taiwan (Chinese) ($0.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.
Flat Glass Imports in Singapore
In 2022, imports of flat glass into Singapore surged to 2M square meters, increasing by 42% against the previous year. Overall, imports, however, continue to indicate a mild downturn. Imports peaked at 2.2M square meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, flat glass imports expanded significantly to $17M in 2022. In general, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 39%. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Flat Glass in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.7 | 3.7 | 5.8 | 5.0 | -9.3% |
| China | 2.9 | 1.1 | 2.0 | 1.6 | -18.0% |
| United States | 0.6 | 0.4 | 1.3 | 0.8 | 10.1% |
| Indonesia | 0.6 | 0.7 | 1.1 | 0.8 | 10.1% |
| Japan | 1.9 | 0.9 | 0.7 | 0.8 | -25.0% |
| United Kingdom | 0.4 | 1.1 | 0.1 | 0.4 | 0.0% |
| Belgium | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
| Germany | 0.6 | 0.6 | 0.3 | 0.4 | -12.6% |
| Luxembourg | 0.6 | 0.1 | 0.4 | 0.3 | -20.6% |
| Thailand | 0.2 | 0.1 | 0.5 | 0.3 | 14.5% |
| Switzerland | 0.5 | N/A | 0.2 | 0.1 | -41.5% |
| Others | 6.1 | 2.1 | 2.7 | 6.2 | 0.5% |
| Total | 21.7 | 11.1 | 15.5 | 17.2 | -7.5% |
Top Suppliers of Flat Glass to Singapore in 2022:
- Malaysia (5.7M square meters)
- China (2.3M square meters)
- Indonesia (1.3M square meters)
- United States (1.2M square meters)
- Japan (1.2M square meters)
- United Kingdom (0.6M square meters)
- Belgium (0.6M square meters)
- Germany (0.6M square meters)
- Thailand (0.6M square meters)
- Luxembourg (0.4M square meters)
- Switzerland (0.2M square meters)
Flat Glass Exports in Singapore
Flat glass exports from Singapore surged to 296K square meters in 2022, growing by 275% compared with the previous year's figure. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, flat glass exports dropped to $667K in 2022. Over the period under review, exports, however, saw a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports hit record highs at $2.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Flat Glass in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 937 | 76.1 | 265 | 795 | -5.3% |
| Taiwan (Chinese) | 20.1 | 1,351 | 891 | 665 | 221.0% |
| Malaysia | 1,587 | 174 | 90.9 | 357 | -39.2% |
| Brunei Darussalam | 172 | 68.0 | 64.1 | 151 | -4.2% |
| India | 6.8 | 61.9 | 198 | 149 | 179.8% |
| Maldives | 63.5 | 173 | 120 | 87.6 | 11.3% |
| Japan | 260 | 82.7 | 122 | 77.6 | -33.2% |
| Oman | 210 | 99.8 | 4.3 | 3.9 | -73.5% |
| Israel | 188 | N/A | 92.0 | N/A | -30.0% |
| Others | -1,205.3 | -1,450.2 | -1,117.2 | -1,619.0 | 10.3% |
| Total | 2,239 | 636 | 730 | 667 | -33.2% |
Top Export Markets for Flat Glass from Singapore in 2022:
- Indonesia (1508.2K square meters)
- Taiwan (Chinese) (1365.6K square meters)
- Malaysia (657.6K square meters)
- India (302.7K square meters)
- Brunei Darussalam (243.1K square meters)
- Maldives (177.7K square meters)
- Japan (126.7K square meters)
- Oman (9.7K square meters)
This report provides an in-depth analysis of the flat glass market in Singapore. 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 23111110 - Non-wired sheets, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
- Prodcom 23111130 - Wired sheets or profiles, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
- Prodcom 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked
- Prodcom 23111212 - Non-wired sheets, of float, surface ground or polished glass, h aving a non-reflecting layer
- Prodcom 23111214 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflective layer, of a thickness . 3,5 mm
- Prodcom 23111217 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflecting layer, not otherwise worked, o f a thickness > 3,5 mm
- Prodcom 23111230 - Non-wired sheets, of float, surface ground or polished glass, c oloured throughout the mass, opacified, flashed or merely surface ground
- Prodcom 23111290 - Other sheets of float/ground/polished glass, n.e.c.
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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.
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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
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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
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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
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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
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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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