Price for Glass; Unworked, in Rods in Hong Kong SAR - 2023

Contents:

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

Price for Glass; Unworked, in Rods in Hong Kong SAR (CIF) - 2022

The average glass; unworked, in rods import price stood at $53,943 per ton in 2022, rising by 13% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. The import price peaked at $119,300 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($175,066 per ton), while the price for China ($28,185 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass; Unworked, in Rods in Hong Kong SAR (FOB) - 2022

In 2022, the average glass; unworked, in rods export price amounted to $105,735 per ton, with an increase of 130% against the previous year. Over the period under review, the export price recorded a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 China ($135,298 per ton), while the average price for exports to the United States stood at $3,694 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+25.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass; Unworked, in Rods in Hong Kong SAR

In 2022, supplies from abroad of glass; unworked, in rodses decreased by -56.5% to 86 tons, falling for the second year in a row after two years of growth. In general, imports showed a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 32%. As a result, imports attained the peak of 257 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, glass; unworked, in rods imports declined significantly to $4.6M in 2022. Overall, imports showed a dramatic curtailment. The smallest decline of -7.6% was in 2021.

Import of Glass; Unworked, in Rods in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3.83.94.42.3-15.4%
China0.85.24.52.035.7%
Japan11.8N/AN/AN/A0%
United States1.00.7N/AN/A-30.0%
Others0.20.40.50.314.5%
Total17.610.29.44.6-36.1%

Top Suppliers of Glass; Unworked, in Rods to Hong Kong SAR in 2022:

  1. United States (undefined tons)
  2. Japan (undefined tons)
  3. China (71.8 tons)
  4. Switzerland (13.3 tons)

Exports of Glass; Unworked, in Rods in Hong Kong SAR

In 2022, the amount of glass; unworked, in rodses exported from Hong Kong SAR surged to 160 tons, growing by 16% on 2021 figures. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, glass; unworked, in rods exports soared to $17M in 2022. In general, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glass; Unworked, in Rods in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.34.76.016.710.7%
United States0.10.10.10.10.0%
ThailandN/AN/A0.1N/A0%
Others0.20.20.10.1-20.6%
Total12.75.06.316.910.0%

Top Export Markets for Glass; Unworked, in Rods from Hong Kong SAR in 2022:

  1. China (123.5 tons)
  2. United States (35.9 tons)

Source: IndexBox Market Intelligence Platform

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