Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Sri Lanka - 2022

Contents:

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

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

The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $839 per ton in 2022, reducing by -59.5% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 129%. As a result, import price reached the peak level of $2,305 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Thailand ($6,012 per ton), while the price for China ($382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.8%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $5,875 per ton, waning by -4.4% against the previous year. Overall, the export price, however, recorded a significant increase. The growth pace was the most rapid in 2017 when the average export price increased by 205%. The export price peaked at $6,143 per ton in 2021, and then contracted in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($5,935 per ton), while the average price for exports to Maldives stood at $5,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+22.0%).

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Sri Lanka

In 2022, after two years of decline, there was significant growth in supplies from abroad of glass; unworked, in balls (other than microspheres of heading no. 7018), when their volume increased by 2,272% to 9.1 tons. In general, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) soared to $7.6K in 2022. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,0632044322,89839.7%
China76420.036.02,82754.7%
Singapore34462.012184735.0%
Sweden22842.073.040521.1%
United Arab Emirates2,313261N/AN/A-88.7%
Others50976.01326478.3%
Total5,2216657947,62413.5%

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

  1. China (7.4 tons)
  2. Sweden (0.8 tons)
  3. Thailand (0.5 tons)
  4. Singapore (0.2 tons)

Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Sri Lanka

In 2022, overseas shipments of glass; unworked, in balls (other than microspheres of heading no. 7018) were finally on the rise to reach 40 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a deep slump.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) surged to $235 in 2022. Overall, exports, however, faced a abrupt slump.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia94.017933.018425.1%
Maldives32.056.010.051.016.8%
United Kingdom34.0N/AN/AN/A0%
India266N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total42623543.0235-18.0%

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

  1. Australia (31.0 kg)
  2. Maldives (9.0 kg)

Source: IndexBox Market Intelligence Platform

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