Philippines - Drawn Glass And Blown Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Drawn Glass and Blown Glass in the Philippines - 2023
Contents:
- Price for Drawn Glass and Blown Glass in the Philippines (FOB) - 2022
- Price for Drawn Glass and Blown Glass in the Philippines (CIF) - 2023
- Exports of Drawn Glass and Blown Glass in the Philippines
- Imports of Drawn Glass and Blown Glass in the Philippines
Price for Drawn Glass and Blown Glass in the Philippines (FOB) - 2022
The average export price for drawn glass and blown glass stood at $69 per square meter in 2022, jumping by 36% against the previous year. In general, the export price recorded significant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 1,174%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($69 per square meter), while the average price for exports to Thailand amounted to $69 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Drawn Glass and Blown Glass in the Philippines (CIF) - 2023
The average import price for drawn glass and blown glass stood at $3.3 per square meter in July 2023, increasing by 11% against the previous month. Overall, the import price, however, showed a deep downturn. The pace of growth was the most pronounced in March 2023 when the average import price increased by 120% m-o-m. Over the period under review, average import prices hit record highs at $7.0 per square meter in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to -2.3% per month.
Exports of Drawn Glass and Blown Glass in the Philippines
In 2022, overseas shipments of drawn glass and blown glass decreased by -51.7% to 35K square meters, falling for the second year in a row after two years of growth. Overall, exports showed a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of 124K square meters. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, drawn glass and blown glass exports declined notably to $2.4M in 2022. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 124% against the previous year. The exports peaked at $3.7M in 2021, and then dropped markedly in the following year.
| Export of Drawn Glass and Blown Glass in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 822 | 1,987 | 2,122 | 1,684 | 27.0% |
| Hong Kong SAR | 565 | 1,325 | 1,401 | 716 | 8.2% |
| Japan | 39.2 | 50.5 | 59.1 | 23.1 | -16.2% |
| United States | 80.1 | 73.4 | 46.3 | N/A | -24.0% |
| Saudi Arabia | 41.5 | 47.5 | 50.9 | N/A | 10.7% |
| Others | 16.0 | 15.7 | 14.5 | N/A | -4.8% |
| Total | 1,564 | 3,499 | 3,693 | 2,423 | 15.7% |
Top Export Markets for Drawn Glass and Blown Glass from the Philippines in 2022:
- Thailand (24.4K square meters)
- Hong Kong SAR (10.4K square meters)
- Japan (0.3K square meters)
Imports of Drawn Glass and Blown Glass in the Philippines
In 2022, overseas purchases of drawn glass and blown glass decreased by -38.8% to 34K square meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of 56K square meters, and then dropped significantly in the following year.
In value terms, drawn glass and blown glass imports dropped remarkably to $410K in 2022. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 90% against the previous year. Imports peaked at $1.1M in 2021, and then contracted rapidly in the following year.
| Import of Drawn Glass and Blown Glass in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 272 | 609 | 899 | 306 | 4.0% |
| Japan | 38.4 | 35.4 | 45.5 | 37.1 | -1.1% |
| South Korea | 17.1 | 10.6 | 10.5 | 31.1 | 22.1% |
| Spain | N/A | N/A | N/A | 10.4 | 0% |
| Germany | 57.5 | 31.1 | 0.2 | N/A | -94.1% |
| Others | 53.9 | 148 | 187 | 25.9 | -21.7% |
| Total | 439 | 834 | 1,143 | 410 | -2.3% |
Top Suppliers of Drawn Glass and Blown Glass to the Philippines in 2022:
- China (30.0K square meters)
- Japan (1.5K square meters)
- South Korea (1.3K square meters)
- Spain (0.6K square meters)
This report provides an in-depth analysis of the market for drawn glass and blown glass in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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