Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in the UK - 2024

Contents:

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

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

In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,942 per ton, surging by 18% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +114.1% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of 25%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Italy ($5,490 per ton), while the price for France ($1,184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.0%), 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 the UK (FOB) - 2022

The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $4,674 per ton in 2022, picking up by 34% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 214%. Over the period under review, the average export prices attained the peak figure at $20,300 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($9,986 per ton), while the average price for exports to Saudi Arabia ($450 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 Canada (+15.5%), 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 the UK

In 2022, the amount of glass; unworked, in balls (other than microspheres of heading no. 7018) imported into the UK surged to 1.5K tons, increasing by 81% against 2021 figures. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) surged to $3M in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 129%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1581231651,481110.8%
Germany41324181692530.8%
Italy80.063.613620236.2%
Switzerland6.64.5192125166.6%
France29.621.9N/A74.736.1%
Belgium71.030.110.5N/A-61.5%
Ireland61.888.1N/AN/A42.6%
Others12837.678.117811.6%
Total9486111,3972,98646.6%

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

  1. Germany (701.0 tons)
  2. China (672.6 tons)
  3. France (63.1 tons)
  4. Italy (36.8 tons)
  5. Switzerland (34.7 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of glass; unworked, in balls (other than microspheres of heading no. 7018), when their volume decreased by -54.7% to 70 tons. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports attained the peak of 154 tons, and then dropped sharply in the following year.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) fell dramatically to $327K in 2022. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 43%.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.311737.374.966.3%
China69.777.177.373.71.9%
France55.65.947.546.3-5.9%
Ireland7.668.730.034.365.3%
Singapore4.1N/AN/A19.367.6%
CanadaN/AN/A5.58.147.3%
Saudi ArabiaN/A1.59.11.76.5%
IndiaN/A82.8211N/A154.8%
South Africa51.626.6N/AN/A-48.4%
Others88.339.612268.4-8.2%
Total2934195393273.7%

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

  1. France (26.3 tons)
  2. United States (12.9 tons)
  3. China (11.2 tons)
  4. Ireland (5.2 tons)
  5. Saudi Arabia (3.7 tons)
  6. Canada (2.3 tons)
  7. Singapore (1.9 tons)

Source: IndexBox Market Intelligence Platform

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