South-Eastern Asia: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in South-Eastern Asia

In 2022, the Southeast Asian market for float glass and surface ground or polished glass was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Float Glass And Surface Ground or Polished Glass in South-Eastern Asia

In value terms, production of float glass and surface ground or polished glass amounted to $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Float Glass And Surface Ground or Polished Glass

Exports in South-Eastern Asia

For the ninth consecutive year, South-Eastern Asia recorded growth in shipments abroad of float glass and surface ground or polished glass, which increased by X% to X square meters in 2022. In general, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of float glass and surface ground or polished glass reached $X in 2022. Overall, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Malaysia was the main exporter of float glass and surface ground or polished glass in South-Eastern Asia, with the volume of exports amounting to X square meters, which was approx. X% of total exports in 2022. Thailand (X square meters) took the second position in the ranking, followed by Vietnam (X square meters) and Indonesia (X square meters). All these countries together held near X% share of total exports.

Malaysia was also the fastest-growing in terms of the float glass and surface ground or polished glass exports, with a CAGR of X% from 2012 to 2022. Thailand (X%), Vietnam (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia increased by X percentage points.

In value terms, Malaysia ($X) remains the largest float glass and surface ground or polished glass supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per square meter in 2022, surging by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per square meter in 2014; however, from 2015 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 Indonesia ($X per square meter), while Malaysia ($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 Malaysia (X%), while the other leaders experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports in South-Eastern Asia

In 2022, overseas purchases of float glass and surface ground or polished glass increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, imports, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X square meters. From 2017 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of float glass and surface ground or polished glass surged to $X in 2022. In general, imports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X square meters) was the major importer of float glass and surface ground or polished glass, making up X% of total imports. Vietnam (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%), Myanmar (X%) and Cambodia (X%). Indonesia (X square meters) and Singapore (X square meters) followed a long way behind the leaders.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), the Philippines (X%), Cambodia (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%) and Singapore (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), the Philippines (X p.p.), Myanmar (X p.p.), Cambodia (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Vietnam (X p.p.) and Singapore (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) constitutes the largest market for imported float glass and surface ground or polished glass in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia stood at X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and the Philippines (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per square meter, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2018 to 2022, the import prices remained at a somewhat 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 the Philippines ($X per square meter), while Myanmar ($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 Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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