India - Drawn Glass And Blown Glass - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

India - Drawn Glass And Blown Glass - Market Analysis, Forecast, Size, Trends and Insights

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Price for Drawn Glass and Blown Glass in India - 2023

Contents:

  1. Price for Drawn Glass and Blown Glass in India (CIF) - 2023
  2. Price for Drawn Glass and Blown Glass in India (FOB) - 2022
  3. Imports of Drawn Glass and Blown Glass in India
  4. Exports of Drawn Glass and Blown Glass in India

Price for Drawn Glass and Blown Glass in India (CIF) - 2023

The average import price for drawn glass and blown glass stood at $4.3 per square meter in September 2023, leveling off at the previous month. Overall, the import price recorded a prominent increase. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 82% month-to-month. The import price peaked at $4.5 per square meter in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($7.1 per square meter), while the price for China amounted to $4.1 per square meter.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Drawn Glass and Blown Glass in India (FOB) - 2022

In 2022, the average export price for drawn glass and blown glass amounted to $4 per square meter, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2015 an increase of 36%. As a result, the export price attained the peak level of $4.6 per square meter. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($18 per square meter), while the average price for exports to Nepal ($1.3 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 the UK (+10.5%), while the prices for the other major destinations experienced a decline.

Imports of Drawn Glass and Blown Glass in India

After two years of decline, supplies from abroad of drawn glass and blown glass increased by 90% to 3M square meters in 2022. Overall, imports, however, recorded a abrupt decrease. Imports peaked at 3.6M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, drawn glass and blown glass imports soared to $12M in 2022. In general, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Drawn Glass and Blown Glass in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.73.73.88.614.7%
Germany0.80.70.81.626.0%
Iran0.10.10.61.2128.9%
Taiwan (Chinese)0.2N/AN/AN/A0%
Others0.40.40.60.826.0%
Total7.14.95.712.119.4%

Top Suppliers of Drawn Glass and Blown Glass to India in 2022:

  1. China (2171.5K square meters)
  2. Iran (521.9K square meters)
  3. Germany (245.3K square meters)

Exports of Drawn Glass and Blown Glass in India

In 2022, the amount of drawn glass and blown glass exported from India shrank sharply to 580K square meters, declining by -23% compared with 2021. Overall, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. As a result, the exports attained the peak of 753K square meters, and then reduced remarkably in the following year.

In value terms, drawn glass and blown glass exports contracted to $2.3M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. As a result, the exports attained the peak of $2.7M, and then dropped in the following year.

Export of Drawn Glass and Blown Glass in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,1301,0751,4951,3215.3%
Sri Lanka3762304473951.7%
Nepal21123036332115.0%
Portugal0.611.688.478.1406.8%
Turkey58.338.838.638.6-12.8%
Others287181219194-12.2%
Total2,0631,7662,6502,3474.4%

Top Export Markets for Drawn Glass and Blown Glass from India in 2022:

  1. Nepal (242.6K square meters)
  2. Sri Lanka (187.1K square meters)
  3. United Kingdom (73.7K square meters)
  4. Portugal (32.2K square meters)
  5. Turkey (14.7K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for drawn glass and blown glass in India. 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 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked

Country coverage:

  • India

Data coverage:

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