Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore - 2023
Contents:
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore (CIF) - 2022
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore (FOB) - 2022
- Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore
- Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore (CIF) - 2022
The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $8,728 per ton in 2022, dropping by -22.8% against the previous year. In general, the import price recorded a slight decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 46%. The import price peaked at $11,302 per ton in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($27,371 per ton), while the price for the Czech Republic ($1,745 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore (FOB) - 2022
In 2022, the average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $2,668 per ton, dropping by -54.9% against the previous year. Over the period under review, the export price recorded a pronounced slump. The growth pace was the most rapid in 2019 an increase of 100%. As a result, the export price attained the peak level of $6,634 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($8,439 per ton), while the average price for exports to Indonesia ($2,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore
In 2022, purchases abroad of glass; unworked, in balls (other than microspheres of heading no. 7018) decreased by -38.3% to 36 tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 178%. As a result, imports attained the peak of 69 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) shrank sharply to $315K in 2022. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 176% against the previous year.
| Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 61.1 | 513 | 472 | 160 | 37.8% |
| United Kingdom | 0.7 | 82.3 | 72.1 | 59.3 | 339.2% |
| Germany | 8.9 | 14.8 | 39.4 | 37.8 | 61.9% |
| United States | 107 | 2.2 | 26.0 | 33.0 | -32.4% |
| Vietnam | 0.2 | 0.2 | N/A | 7.8 | 239.1% |
| Switzerland | 35.1 | 9.9 | 43.9 | 7.8 | -39.4% |
| Czech Republic | 0.1 | 5.6 | 0.1 | 0.1 | 0.0% |
| Others | 16.2 | 4.5 | 7.0 | 9.5 | -16.3% |
| Total | 230 | 632 | 661 | 315 | 11.1% |
Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Singapore in 2022:
- Germany (15.0 tons)
- United Kingdom (9.0 tons)
- China (5.8 tons)
- Switzerland (3.2 tons)
- United States (1.6 tons)
- Vietnam (0.9 tons)
- Czech Republic (0.1 tons)
Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore
Exports of glass; unworked, in balls (other than microspheres of heading no. 7018) from Singapore declined sharply to 7.2 tons in 2022, which is down by -43.6% compared with 2021 figures. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports reached the peak of 13 tons, and then shrank significantly in the following year.
In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) fell rapidly to $19K in 2022. Overall, exports saw a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. As a result, the exports reached the peak of $76K, and then declined significantly in the following year.
| Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 12.1 | 10.0 | 14.7 | 6.5 | -18.7% |
| Indonesia | 2.9 | 0.5 | 7.5 | 4.8 | 18.3% |
| Australia | 0.9 | 3.4 | N/A | 3.0 | 49.4% |
| Thailand | 6.4 | 1.6 | 1.1 | 1.9 | -33.3% |
| Taiwan (Chinese) | 2.1 | 10.3 | 51.4 | 1.4 | -12.6% |
| Philippines | 0.1 | 0.3 | N/A | 0.6 | 81.7% |
| Hong Kong SAR | 0.9 | 0.5 | 0.9 | 0.1 | -51.9% |
| China | 14.3 | 7.8 | N/A | N/A | -45.5% |
| Others | 20.1 | 10.9 | 0.3 | 0.9 | -64.5% |
| Total | 59.8 | 45.4 | 75.9 | 19.3 | -31.4% |
Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Singapore in 2022:
- Malaysia (3025.0 kg)
- Indonesia (2247.0 kg)
- Australia (986.0 kg)
- Thailand (348.0 kg)
- Philippines (252.0 kg)
- Taiwan (Chinese) (171.0 kg)
- Hong Kong SAR (35.0 kg)
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