Price for Glass; Unworked, in Rods in Singapore - 2022

Contents:

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

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

In 2022, the average glass; unworked, in rods import price amounted to $38,174 per ton, reducing by -24.2% against the previous year. In general, the import price saw a perceptible decline. The pace of growth was the most pronounced in 2016 an increase of 590% against the previous year. Over the period under review, average import prices reached the maximum at $96,355 per ton in 2014; however, from 2015 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 the United States ($286,234 per ton), while the price for China ($6,581 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average glass; unworked, in rods export price amounted to $140,036 per ton, with a decrease of -67% against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 2,169% against the previous year. The export price peaked at $743,063 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($712,555 per ton), while the average price for exports to China ($2,728 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 Australia (+80.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Rods in Singapore

After three years of growth, purchases abroad of glass; unworked, in rodses decreased by -8.2% to 35 tons in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports reached the peak of 38 tons, and then contracted in the following year.

In value terms, glass; unworked, in rods imports declined significantly to $1.3M in 2022. In general, imports, however, showed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 80%.

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

1. China (20.4 tons)
2. United Kingdom (7.3 tons)
3. Germany (4.2 tons)
4. United States (2.0 tons)
5. South Korea (0.9 tons)
6. Malaysia (0.2 tons)

Exports of Glass; Unworked, in Rods in Singapore

In 2022, the amount of glass; unworked, in rodses exported from Singapore surged to 3.7 tons, jumping by 116% compared with 2021 figures. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, glass; unworked, in rods exports contracted rapidly to $518K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 274%.

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

1. Malaysia (1557.0 kg)
2. India (842.0 kg)
3. Indonesia (577.0 kg)
4. Turkey (325.0 kg)
5. China (180.0 kg)
6. Hong Kong SAR (115.0 kg)
7. Germany (67.0 kg)

Source: IndexBox Market Intelligence Platform