Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China - 2024

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China (CIF) - 2024
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China (FOB) - 2022
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China (CIF) - 2024

In December 2023, the average import price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $75,865 per ton, with an increase of 72% against the previous month. Overall, import price indicated a modest increase from February 2023 to December 2023: its price increased at an average monthly rate of +1.4% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for glass; unworked, in tubes, of fused quartz or other fused silica increased by +71.9% against November 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($282K per ton), while the price for the Netherlands ($10,802 per ton) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China (FOB) - 2022

The average export price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $19,492 per ton in 2022, growing by 38% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 40% against the previous year. As a result, the export price attained the peak level of $20,653 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($43,718 per ton), while the average price for exports to Indonesia ($1,417 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 Russia (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China

For the third year in a row, China recorded decline in overseas purchases of glass; unworked, in tubes, of fused quartz or other fused silica, which decreased by -10.1% to 1.4K tons in 2022. Over the period under review, imports faced a precipitous shrinkage.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica skyrocketed to $91M in 2022. Overall, imports recorded a sharp curtailment.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to China in 2022:

1. Germany (1094.3 tons)
2. Netherlands (143.3 tons)
3. Japan (71.7 tons)
4. United States (39.0 tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in China

In 2022, exports of glass; unworked, in tubes, of fused quartz or other fused silica from China declined slightly to 2.2K tons, falling by -4.5% on the year before. Overall, exports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 11%.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica surged to $44M in 2022. Over the period under review, exports showed a perceptible slump.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from China in 2022:

1. Japan (319.2 tons)
2. Vietnam (278.4 tons)
3. India (260.9 tons)
4. South Korea (254.4 tons)
5. Thailand (238.8 tons)
6. United States (133.7 tons)
7. Taiwan (Chinese) (114.1 tons)
8. Turkey (95.9 tons)
9. Philippines (84.4 tons)
10. Russia (74.1 tons)
11. Indonesia (62.6 tons)
12. Germany (58.0 tons)
13. Belgium (37.8 tons)

Source: IndexBox Market Intelligence Platform