U.S.: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in the U.S.

In 2022, the U.S. glass in the mass market increased by X% to $X, rising for the fourth year in a row after six years of decline. Overall, consumption recorded a deep contraction. Glass in the mass consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Glass in The Mass in the U.S.

In value terms, glass in the mass production stood at $X in 2022. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume decreased by X% against the previous year. Over the period under review, glass in mass production attained the peak level in 2022 and is expected to retain growth in the near future.

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Exports of Glass in The Mass

Exports from the U.S.

In 2022, shipments abroad of glass in the mass increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports posted a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, glass in the mass exports rose modestly to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

France (X tons), Canada (X tons) and Mexico (X tons) were the main destinations of glass in the mass exports from the United States, together accounting for X% of total exports. South Korea, Germany, China, Japan and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass in the mass exported from the United States were Japan ($X), China ($X) and Germany ($X), together accounting for X% of total exports. South Korea, Canada, Mexico, France and India lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, South Korea, with a CAGR of X%, 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 glass in the mass export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass in The Mass

Imports into the U.S.

In 2022, supplies from abroad of glass in the mass increased by X% to X tons, rising for the fourth year in a row after six years of decline. Over the period under review, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, glass in mass imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, glass in the mass imports surged to $X in 2022. In general, imports, however, saw a mild decrease. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) was the main supplier of glass in the mass to the United States, with a X% share of total imports. Moreover, glass in the mass imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Mexico (X% per year).

In value terms, Canada ($X) constituted the largest supplier of glass in the mass to the United States, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Mexico (X% per year).

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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