Price for Glass; Unworked, in Rods in China - 2023

Contents:

  1. Price for Glass; Unworked, in Rods in China (FOB) - 2022
  2. Price for Glass; Unworked, in Rods in China (CIF) - 2022
  3. Exports of Glass; Unworked, in Rods in China
  4. Imports of Glass; Unworked, in Rods in China

Price for Glass; Unworked, in Rods in China (FOB) - 2022

The average glass; unworked, in rods export price stood at $35,532 per ton in 2022, surging by 34% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 146% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Poland ($126,588 per ton), while the average price for exports to South Korea ($2,092 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 Poland (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Glass; Unworked, in Rods in China (CIF) - 2022

The average glass; unworked, in rods import price stood at $213,596 per ton in 2022, growing by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 46%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($378,673 per ton), while the price for India ($37,300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Glass; Unworked, in Rods in China

In 2022, overseas shipments of glass; unworked, in rodses were finally on the rise to reach 3.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic slump.

In value terms, glass; unworked, in rods exports soared to $137M in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Glass; Unworked, in Rods in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India49.346.551.373.014.0%
Indonesia8.510.316.331.154.1%
Poland0.32.04.116.7281.8%
South Korea12.53.01.33.5-34.6%
Russia0.60.70.33.376.5%
United States2.01.71.21.9-1.7%
Thailand0.50.40.40.50.0%
Algeria1.01.91.7N/A30.4%
Turkey0.10.10.3N/A73.2%
Others4.67.39.87.417.2%
Total79.273.986.713720.0%

Top Export Markets for Glass; Unworked, in Rods from China in 2022:

  1. South Korea (1650.2 tons)
  2. India (1082.9 tons)
  3. Indonesia (251.2 tons)
  4. Russia (152.3 tons)
  5. Poland (132.1 tons)
  6. Thailand (130.1 tons)
  7. United States (77.1 tons)
  8. Turkey (4.5 tons)

Imports of Glass; Unworked, in Rods in China

In 2022, after two years of decline, there was significant growth in purchases abroad of glass; unworked, in rodses, when their volume increased by 12% to 420 tons. Over the period under review, imports, however, faced a sharp contraction.

In value terms, glass; unworked, in rods imports soared to $90M in 2022. In general, imports, however, continue to indicate a precipitous decrease.

Import of Glass; Unworked, in Rods in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States36.420.729.842.85.5%
Japan11563.829.027.7-37.8%
Germany12.011.415.315.79.4%
South Korea0.10.40.92.0171.4%
India12.010.50.51.1-54.9%
Others3.01.21.70.5-45.0%
Total17910877.289.7-20.6%

Top Suppliers of Glass; Unworked, in Rods to China in 2022:

  1. Japan (163.9 tons)
  2. United States (112.9 tons)
  3. Germany (92.1 tons)
  4. India (29.9 tons)
  5. South Korea (10.5 tons)

Source: IndexBox Market Intelligence Platform

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