Asia: Glass Smallware Market 2020

Glass Smallware Market Size in Asia

The revenue of the glass smallware market in Asia amounted to $X in 2017, coming down by -X% against the previous year. The glass smallware consumption continues to indicate a pronounced increase. The growth pace was the most rapid in 2012, with an increase of X% year-to-year. In that year, the glass smallware market reached their peak level of $X. From 2013 to 2017, growth of the glass smallware market stood at a somewhat lower level.

Glass Smallware Production in Asia

The glass smallware production totaled X tons in 2017, going up by X% against the previous year. The glass smallware production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the glass smallware production attained their peak volume, and is likely to continue its growth in the immediate term.

Glass Smallware Exports in Asia

The exports totaled X tons in 2017, increasing by X% against the previous year. The total exports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass smallware exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. In that year, the glass smallware exports reached their peak volume of X tons. From 2015 to 2017, growth of the glass smallware exports stood at a somewhat lower level.

In value terms, glass smallware exports totaled $X in 2017. The total exports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass smallware exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Glass Smallware Exports by Country in Asia

China dominates glass smallware exports structure, amounting to X tons, which was approx. X% of total exports in 2017. Singapore (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to glass smallware exports from China stood at +X%. At the same time, Singapore (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest glass smallware supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global exports.

In China, glass smallware exports expanded at an average annual rate of +X% over the period from 2007-2017.

Glass Smallware Export Prices by Country in Asia

In 2017, the glass smallware export price in Asia amounted to $X per ton, declining by -X% against the previous year. The glass smallware export price continues to indicate a mild growth. The pace of growth appeared the most rapid in 2012, when the export prices increased by X% against the previous year. In that year, the export prices for glass smallware reached their peak level of $X per ton. From 2013 to 2017, growth of the export prices for glass smallware failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in China ($X per ton) and Singapore ($X per ton), while Singapore ($X per ton) and China ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Glass Smallware Imports in Asia

In 2017, approx. X tons of glass smallware were imported in Asia; jumping by X% against the previous year. The total imports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass smallware imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the glass smallware imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, glass smallware imports stood at $X in 2017. The glass smallware imports continue to indicate a pronounced downturn. Over the period under review, the glass smallware imports reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Glass Smallware Imports by Country in Asia

The countries with the highest levels of glass smallware imports in 2017 were South Korea (X tons), Turkey (X tons), Oman (X tons) and China (X tons), together recording X% of total import. India (X tons) occupied the second position in the ranking, followed by Thailand (X tons), Taiwan, Chinese (X tons) and Japan (X tons). All these countries together occupied approx. X% share of total imports. The following importers - Pakistan (X tons), Malaysia (X tons), China, Hong Kong SAR (X tons) and the United Arab Emirates (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest glass smallware markets worldwide were the United Arab Emirates ($X), China ($X) and India ($X), with a combined X% share of total imports. China, Hong Kong SAR, Pakistan, South Korea, Thailand, Japan, Taiwan, Chinese, Turkey, Malaysia and Oman lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Pakistan (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Glass Smallware Import Prices by Country in Asia

The glass smallware import price in Asia stood at $X per ton in 2017, declining by -X% against the previous year. The glass smallware import price continues to indicate a drastic contraction. The pace of growth appeared the most rapid in 2012, an increase of X% against the previous year. Over the period under review, the import prices for glass smallware attained its peak figure level of $X per kg in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the United Arab Emirates ($X per kg), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform