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

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

In September 2023, the average glass; unworked, in rods export price amounted to $1,708 per ton, rising by 19% against the previous month. Overall, the export price, however, saw a deep slump. The pace of growth appeared the most rapid in July 2023 an increase of 142% against the previous month. Over the period under review, the average export prices hit record highs at $4,495 per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($3,949 per ton), while the average price for exports to India totaled $750 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+0.6%), while the prices for the other major destinations experienced a decline.

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

The average glass; unworked, in rods import price stood at $2,648 per ton in 2022, with an increase of 6.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 75%. Over the period under review, average import prices attained the peak figure at $4,890 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 ($15,016 per ton), while the price for Japan ($2,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Glass; Unworked, in Rods in Thailand

In 2022, overseas shipments of glass; unworked, in rodses increased by 50% to 455 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass; unworked, in rods exports surged to $1.9M in 2022. Overall, exports, however, continue to indicate a deep downturn.

Export of Glass; Unworked, in Rods in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	1,711	1,775	1,033	1,184	-11.5%
Indonesia	538	339	390	432	-7.1%
India	4.1	11.8	15.5	195	262.3%
Taiwan (Chinese)	16.7	59.3	18.4	64.3	56.7%
Others	39.5	2.5	16.2	1.2	-68.8%
Total	2,309	2,188	1,474	1,877	-6.7%

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

Japan (221.1 tons)
Indonesia (125.9 tons)
India (90.9 tons)
Taiwan (Chinese) (16.9 tons)

Imports of Glass; Unworked, in Rods in Thailand

In 2022, purchases abroad of glass; unworked, in rodses was finally on the rise to reach 246 tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, 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 surged to $650K in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.