Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States - 2024

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States (CIF) - 2024
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States (FOB) - 2024
3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States
4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States (CIF) - 2024

In December 2023, the average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $16,073 per ton, growing by 3.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 14% against the previous month. The import price peaked at $17,204 per ton in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($24,702 per ton), while the price for China ($6,218 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 (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States (FOB) - 2024

In December 2023, the average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $66,847 per ton, rising by 11% against the previous month. Over the period from February 2023 to December 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2023 an increase of 36% against the previous month. Over the period under review, the average export prices reached the maximum in December 2023.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Singapore ($92,784 per ton), while the average price for exports to Brazil ($16,391 per ton) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States

Imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds into the United States surged to 14K tons in 2022, growing by 16% against 2021. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 39%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds skyrocketed to $259M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to the United States in 2022:

1. Mexico (6.3K tons)
2. China (2.5K tons)
3. Germany (1.8K tons)
4. India (1.2K tons)
5. Japan (1.0K tons)
6. Czech Republic (0.3K tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in the United States

For the fourth year in a row, the United States recorded growth in overseas shipments of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds, which increased by 0.7% to 4.4K tons in 2022. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $243M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 9.8% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from the United States in 2022:

1. Canada (566.5 tons)
2. Mexico (428.9 tons)
3. China (427.6 tons)
4. Japan (423.0 tons)
5. Germany (389.2 tons)
6. Netherlands (326.4 tons)
7. Belgium (229.0 tons)
8. South Korea (214.6 tons)
9. Singapore (199.1 tons)
10. Brazil (187.1 tons)
11. Thailand (185.3 tons)
12. United Kingdom (124.0 tons)
13. Australia (70.0 tons)

Source: IndexBox Market Intelligence Platform