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

Contents:

  1. Price for Glass; Unworked, in Rods in Japan (FOB) - 2023
  2. Price for Glass; Unworked, in Rods in Japan (CIF) - 2022
  3. Exports of Glass; Unworked, in Rods in Japan
  4. Imports of Glass; Unworked, in Rods in Japan

Price for Glass; Unworked, in Rods in Japan (FOB) - 2023

The average glass; unworked, in rods export price stood at $96,882 per ton in September 2023, waning by -1.6% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 7.7% month-to-month. As a result, the export price attained the peak level of $99,260 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was China ($173K per ton), while the average price for exports to South Korea ($64,438 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average glass; unworked, in rods import price stood at $63,141 per ton in 2022, dropping by -9.7% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass; unworked, in rods import price decreased by -22.5% against 2017 indices. The growth pace was the most rapid in 2013 when the average import price increased by 28%. The import price peaked at $81,447 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($252,862 per ton), while the price for China ($28,929 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 (+9.0%), while the prices for the other major suppliers experienced a decline.

Exports of Glass; Unworked, in Rods in Japan

In 2022, exports of glass; unworked, in rodses from Japan expanded notably to 1.8K tons, increasing by 6.9% compared with the year before. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, glass; unworked, in rods exports amounted to $158M in 2022. Over the period under review, exports, however, continue to indicate a deep downturn.

Export of Glass; Unworked, in Rods in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.416.235.848.166.6%
United States28.936.043.645.316.2%
China10154.427.225.6-36.7%
South Korea37.427.724.725.3-12.2%
Taiwan (Chinese)3.13.04.05.218.8%
Vietnam0.8N/A1.01.728.6%
Russia6.94.15.71.2-44.2%
Hong Kong SAR11.40.3N/AN/A-97.4%
Others9.23.74.05.4-16.3%
Total209145146158-8.9%

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

  1. India (638.6 tons)
  2. United States (474.7 tons)
  3. South Korea (364.1 tons)
  4. China (137.7 tons)
  5. Taiwan (Chinese) (69.3 tons)
  6. Vietnam (29.1 tons)
  7. Russia (20.1 tons)

Imports of Glass; Unworked, in Rods in Japan

In 2022, approx. 362 tons of glass; unworked, in rodses were imported into Japan; jumping by 21% on the previous year's figure. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass; unworked, in rods imports rose notably to $23M in 2022. Over the period under review, imports, however, saw a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.

Import of Glass; Unworked, in Rods in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.69.412.211.80.6%
China7.96.16.57.90.0%
Germany1.82.11.32.15.3%
Netherlands0.50.30.40.3-15.7%
Thailand0.40.10.20.1-37.0%
Others1.30.80.20.6-22.7%
Total23.618.720.922.8-1.1%

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

  1. China (273.5 tons)
  2. United States (46.7 tons)
  3. Germany (19.8 tons)
  4. Netherlands (9.1 tons)
  5. Thailand (4.6 tons)

Source: IndexBox Market Intelligence Platform

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