Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam - 2022

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam (CIF) - 2022
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam (FOB) - 2022
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam (CIF) - 2022

The average import price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $10,643 per ton in 2022, which is down by -11.5% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 126% against the previous year. Over the period under review, average import prices reached the maximum at $19,981 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($43,444 per ton), while the price for China ($7,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam (FOB) - 2022

In 2022, the average export price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $49,491 per ton, picking up by 40% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 226% against the previous year. Over the period under review, the average export prices attained the peak figure at $86,293 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($99,211 per ton), while the average price for exports to Thailand ($6,681 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 Myanmar (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam

Imports of glass; unworked, in tubes, of fused quartz or other fused silica into Vietnam rose notably to 310 tons in 2022, picking up by 8.9% against the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica shrank modestly to $3.3M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. As a result, imports reached the peak of $3.4M, and then declined modestly in the following year.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to Vietnam in 2022:

1. China (204.4 tons)
2. Japan (78.7 tons)
3. Germany (11.8 tons)
4. United States (11.0 tons)
5. Russia (2.3 tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Vietnam

In 2022, shipments abroad of glass; unworked, in tubes, of fused quartz or other fused silica decreased by -61.6% to 866 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,433% against the previous year. As a result, the exports reached the peak of 2.3 tons, and then declined rapidly in the following year.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica reduced dramatically to $43K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 529%. As a result, the exports attained the peak of $80K, and then shrank notably in the following year.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from Vietnam in 2022:

1. Germany (324.0 kg)
2. Thailand (307.0 kg)
3. Singapore (135.0 kg)
4. South Korea (81.0 kg)
5. Indonesia (19.0 kg)

Source: IndexBox Market Intelligence Platform