Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR - 2023

Contents:

  1. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR (CIF) - 2022
  2. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR (FOB) - 2022
  3. Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR
  4. Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $13,199 per ton, surging by 732% against the previous year. In general, the import price, however, faced a abrupt downturn. The import price peaked at $38,155 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($55,918 per ton), while the price for Singapore ($2,615 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $7,096 per ton, falling by -32.6% against the previous year. Overall, the export price, however, posted perceptible growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices hit record highs at $10,536 per ton in 2021, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +13.5% per year.

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR

Imports of glass; unworked, in balls (other than microspheres of heading no. 7018) into Hong Kong SAR totaled 1.2 tons in 2022, approximately reflecting the previous year's figure. Over the period under review, imports, however, showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 299%.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) soared to $16K in 2022. Overall, imports, however, recorded a precipitous decline.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.2N/AN/A7.8239.1%
United StatesN/AN/AN/A5.50%
Czech RepublicN/AN/AN/A0.30%
Singapore0.90.50.90.1-51.9%
United Kingdom29.5N/AN/AN/A0%
IsraelN/AN/A1.0N/A0%
Others0.80.8N/A1.933.4%
Total31.51.31.915.7-20.7%

Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Hong Kong SAR in 2022:

  1. China (973.0 kg)
  2. United States (98.0 kg)
  3. Singapore (52.0 kg)
  4. Czech Republic (48.0 kg)

Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR

In 2022, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) from Hong Kong SAR contracted rapidly to 798 kg, waning by -88% on 2021. Over the period under review, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 818%. As a result, the exports attained the peak of 6.6 tons, and then reduced markedly in the following year.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) reduced dramatically to $5.7K in 2022. In general, exports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 885%. As a result, the exports reached the peak of $70K, and then contracted notably in the following year.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27.67.170.05.7-40.9%
Others0.2N/AN/AN/A0%
Total27.87.170.05.7-41.0%

Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Hong Kong SAR in 2022:

  1. United States (798.0 kg)

Source: IndexBox Market Intelligence Platform

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