Eastern Asia: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Eastern Asia

The East Asian market for drawn glass and blown glass contracted to $X in 2022, waning by X% against the previous year. Overall, consumption, however, enjoyed a strong increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Drawn Glass And Blown Glass in Eastern Asia

In value terms, drawn glass and blown glass production dropped modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Drawn Glass And Blown Glass

Exports in Eastern Asia

Drawn glass and blown glass exports reduced modestly to X square meters in 2022, which is down by X% on the previous year's figure. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, drawn glass and blown glass exports plummeted to $X in 2022. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan represented the largest exporter of drawn glass and blown glass in Eastern Asia, with the volume of exports recording X square meters, which was near X% of total exports in 2022. It was distantly followed by China (X square meters), comprising a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China (with a CAGR of X%).

In value terms, Japan ($X) remains the largest drawn glass and blown glass supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

In Japan, drawn glass and blown glass exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per square meter, reducing by X% against the previous year. Overall, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per square meter), while China totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Imports of Drawn Glass And Blown Glass

Imports in Eastern Asia

In 2022, purchases abroad of drawn glass and blown glass decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X square meters. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, drawn glass and blown glass imports contracted dramatically to $X in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Taiwan (Chinese) (X square meters) and South Korea (X square meters) were the main importers of drawn glass and blown glass in Eastern Asia, together creating X% of total imports. It was distantly followed by Japan (X square meters) and China (X square meters), together comprising a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest drawn glass and blown glass importing markets in Eastern Asia were South Korea ($X), Taiwan (Chinese) ($X) and China ($X), together comprising X% of total imports.

In terms of the main importing countries, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per square meter in 2022, approximately mirroring the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per square meter), while Japan ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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