China: 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 China

The Chinese market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses totaled $X in 2020, remaining stable against the previous year. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

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

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reached $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the production volume increased by X% year-to-year. Production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

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

Exports from China

For the third consecutive year, China recorded decline in overseas shipments of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, which decreased by -X% to X square meters in 2020. In general, total exports indicated a tangible 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 when exports increased by X% year-to-year. Exports peaked at X square meters in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses dropped to $X in 2020. Overall, exports, however, saw a measured expansion. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X square meters), Germany (X square meters) and Japan (X square meters) were the main destinations of exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China, together accounting for X% of total exports. Hong Kong SAR, South Korea, the UK, the Philippines, Spain, Mexico, Italy, France, Hungary and South Africa lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Hungary, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Japan ($X) constituted the largest markets for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exported from China worldwide, with a combined X% share of total exports. These countries were followed by Hong Kong SAR, South Korea, the UK, France, Mexico, Spain, Italy, Hungary, South Africa and the Philippines, which together accounted for a further X the main countries of destination, Hungary recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, shrinking by -X% against the previous year. Overall, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per square meter in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was France ($X per square meter), while the average price for exports to the Philippines ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations 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 into China

In 2020, overseas purchases 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 fourth year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X square meters in 2016; however, from 2017 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 declined notably to $X in 2020. In general, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2016 to 2020, the growth of imports failed to regain the momentum.

Imports by Country

South Korea (X square meters), Germany (X square meters) and Spain (X square meters) were the main suppliers of imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to China, together accounting for X% of total imports. Japan, the U.S., Poland, Hungary, Austria, the UK, Italy, Mexico, the Czech Republic and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Hungary (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to China were the U.S. ($X), Japan ($X) and Germany ($X), with a combined X% share of total imports. Spain, Austria, Italy, Poland, the UK, South Korea, the Czech Republic, Hungary, Mexico and Taiwan (Chinese) lagged somewhat behind, together comprising a further X the main suppliers, Hungary (+X% per year) saw the highest rates of growth with regard to 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 average import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, surging by X% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per square meter), while the price for South Korea ($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 Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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