Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand - 2024
Contents:
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand (CIF) - 2022
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand (FOB) - 2022
- Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand
- Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand (CIF) - 2022
The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $858 per ton in 2022, with an increase of 18% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glass; unworked, in balls (other than microspheres of heading no. 7018) increased by +37.9% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,810 per ton), while the price for China ($711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), 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 Thailand (FOB) - 2022
The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $3,100 per ton in 2022, jumping by 23% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of 122% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Reunion ($9,737 per ton), while the average price for exports to Lao People's Democratic Republic ($647 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 Myanmar (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand
In 2022, purchases abroad of glass; unworked, in balls (other than microspheres of heading no. 7018) decreased by -25.9% to 924 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) contracted to $793K in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year.
| Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 528 | 775 | 733 | 626 | 5.8% |
| Japan | 48.8 | 37.7 | 59.3 | 83.4 | 19.6% |
| Germany | 44.3 | 49.1 | 73.3 | 67.6 | 15.1% |
| Others | 7.5 | 15.3 | 44.2 | 15.9 | 28.5% |
| Total | 629 | 877 | 910 | 793 | 8.0% |
Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Thailand in 2022:
- China (880.3 tons)
- Japan (21.9 tons)
- Germany (18.5 tons)
Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand
For the third consecutive year, Thailand recorded decline in overseas shipments of glass; unworked, in balls (other than microspheres of heading no. 7018), which decreased by -1.9% to 10 tons in 2022. Overall, exports continue to indicate a precipitous setback.
In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) soared to $32K in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of $33K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.0 | 26.5 | 18.6 | 17.9 | 14.3% |
| Philippines | N/A | N/A | N/A | 4.9 | 0% |
| Myanmar | 5.0 | 1.5 | 3.6 | 2.5 | -20.6% |
| Reunion | N/A | N/A | N/A | 2.2 | 0% |
| Lao People's Democratic Republic | 3.1 | 1.5 | 1.5 | 1.3 | -25.1% |
| Singapore | 1.4 | N/A | 0.2 | 0.8 | -17.0% |
| South Korea | 2.5 | N/A | N/A | N/A | 0% |
| Malaysia | 1.3 | 2.4 | 1.9 | N/A | 20.9% |
| Others | 1.0 | 0.8 | 0.8 | 2.5 | 35.7% |
| Total | 26.4 | 32.7 | 26.6 | 32.1 | 6.7% |
Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Thailand in 2022:
- China (6.5 tons)
- Lao People's Democratic Republic (2.0 tons)
- Philippines (0.9 tons)
- Myanmar (0.4 tons)
- Reunion (0.2 tons)
- Singapore (0.1 tons)
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