Asia-Pacific: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Asia-Pacific

In 2020, the Asia-Pacific market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, recorded a slight decline. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Asia-Pacific

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank to $X in 2020 estimated in export prices. Overall, production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Production By Country in Asia-Pacific

China (X square meters) constituted the country with the largest volume of production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, comprising approx. X% of total volume. Moreover, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in China exceeded the figures recorded by the second-largest producer, Japan (X square meters), fivefold. Indonesia (X square meters) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China stood at +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Indonesia (+X% per year).

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in Asia-Pacific

In 2020, shipments abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the fifth consecutive year after six years of growth. Total exports indicated a noticeable expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The volume of export peaked at X square meters in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reduced to $X in 2020. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. The level of export peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

China prevails in exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses structure, accounting for X square meters, which was approx. X% of total exports in 2020. Thailand (X square meters), South Korea (X square meters) and Japan (X square meters) followed a long way behind the leaders.

China was also the fastest-growing in terms of the safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses exports, with a CAGR of +X% from 2007 to 2020. Japan (-X%), Thailand (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Japan (-X p.p.), South Korea (-X p.p.) and Thailand (-X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Thailand (-X% per year) and Japan (-X% per year).

Export Prices by Country

In 2020, the export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Asia-Pacific amounted to $X per square meter, which is down by -X% against the previous year. Over the period under review, the export price saw a slight descent. The pace of growth appeared the most rapid in 2011 when the export price increased by X% against the previous year. The level of export peaked at $X per square meter in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per square meter), while China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in Asia-Pacific

In 2020, the amount of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses imported in Asia-Pacific declined notably to X square meters, shrinking by -X% against 2019. In general, imports saw a pronounced setback. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X square meters in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank remarkably to $X in 2020. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2016 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, Japan (X square meters), distantly followed by Vietnam (X square meters), South Korea (X square meters), Malaysia (X square meters), Australia (X square meters), the Philippines (X square meters), Thailand (X square meters) and India (X square meters) were the main importers of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, together constituting X% of total imports. Bangladesh (X square meters), Pakistan (X square meters), China (X square meters), New Zealand (X square meters) and Hong Kong SAR (X square meters) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels imports into Japan stood at -X%. At the same time, Vietnam (+X%), Thailand (+X%), Bangladesh (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2020. New Zealand and India experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-X%), the Philippines (-X%), Australia (-X%), South Korea (-X%), China (-X%) and Pakistan (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.), Malaysia (+X p.p.), Thailand (+X p.p.), Bangladesh (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the total imports, while China, Pakistan, Australia and South Korea saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels importing markets in Asia-Pacific were Japan ($X), Vietnam ($X) and South Korea ($X), with a combined X% share of total imports. These countries were followed by China, Australia, Malaysia, India, Thailand, New Zealand, the Philippines, Pakistan, Hong Kong SAR and Bangladesh, which together accounted for a further X terms of the main importing countries, Malaysia recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Asia-Pacific amounted to $X per square meter, surging by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 when the import price increased by X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($X per square meter), while Bangladesh ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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