Eastern Asia: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Eastern Asia

The East Asian market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses expanded rapidly to $X in 2020, growing by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Eastern Asia

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses expanded slightly to $X in 2020 estimated in export prices. In general, production continues to indicate mild growth. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in Eastern Asia

The country with the largest volume of production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses was China (X square meters), accounting for X% of total volume. Moreover, production of safety glass, laminated, 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), sevenfold. South Korea (X square meters) ranked third in terms of total production with a X% share.

In China, production of safety glass, laminated, 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: Japan (+X% per year) and South Korea (+X% per year).

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in Eastern Asia

In 2020, after two years of growth, there was significant decline in shipments abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, when their volume decreased by -X% to X square meters. Total exports indicated a noticeable increase 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 increased by +X% against 2017 indices. 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 square meters in 2019, and then dropped in the following year.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reduced to $X in 2020. Total exports indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of export peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses structure, reaching X square meters, which was near X% of total exports in 2020. Japan (X square meters) occupied a little share of total exports.

China was also the fastest-growing in terms of the safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses exports, with a CAGR of +X% from 2007 to 2020. Japan experienced a relatively flat trend pattern. From 2007 to 2020, the share of China increased by +X% percentage points, while Japan (-X p.p.) saw their share reduced.

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

From 2007 to 2020, the average annual rate of growth in terms of value in China amounted to +X%.

Export Prices by Country

In 2020, the export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Eastern Asia amounted to $X per square meter, approximately equating the previous year. Overall, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of 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 totaled $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in Eastern Asia

For the fourth year in a row, Eastern Asia recorded decline in overseas purchases of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, which decreased by -X% to X square meters in 2020. Overall, imports showed a slight reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X square meters) and Japan (X square meters) were the main importers of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in 2020, recording approx. X% and X% of total imports, respectively. It was distantly followed by South Korea (X square meters), generating a X% share of total imports. Hong Kong SAR (X square meters) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China, while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels importing markets in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports.

China recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Eastern Asia stood at $X per square meter in 2020, waning 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 2019 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per square meter, and then declined in the following year.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Hong Kong SAR ($X per square meter) and Japan ($X per square meter), while China ($X per square meter) and South Korea ($X per square meter) were amongst the lowest.

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

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Source: IndexBox Platform

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