Italy: Flat Glass Market 2024

Flat Glass Market Size in Italy

The Italian flat glass market skyrocketed to $X in 2021, rising by 35% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +80.4% against 2018 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the near future.

Flat Glass Production in Italy

In value terms, flat glass production skyrocketed to $X in 2021 estimated in export price. In general, production, however, enjoyed buoyant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Flat Glass Exports

Exports from Italy

In 2021, exports of flat glass from Italy was estimated at X tons, picking up by 9.9% compared with the year before. Over the period under review, total exports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +6.3% against 2018 indices. The pace of growth was the most pronounced in 2018 when exports increased by 41%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, flat glass exports soared to $X in 2021. Overall, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +62.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), Austria (X tons) and Germany (X tons) were the main destinations of flat glass exports from Italy, with a combined 34% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +24.4%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Austria ($X) and Germany ($X) were the largest markets for flat glass exported from Italy worldwide, with a combined 30% share of total exports. These countries were followed by Turkey, Slovenia, France, Croatia, Poland, Greece, Hungary, Belgium, Cyprus and Switzerland, which together accounted for a further 46%.

Among the main countries of destination, Cyprus, with a CAGR of +25.1%, recorded the highest rates of growth with regard to 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 flat glass export price stood at $X per ton in 2021, jumping by 24% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Flat Glass Imports

Imports into Italy

In 2021, purchases abroad of flat glass was finally on the rise to reach X tons after three years of decline. In general, imports, however, continue to indicate a abrupt contraction. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, flat glass imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt setback. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of flat glass imports to Italy, with a combined 71% share of total imports. These countries were followed by Luxembourg, Spain, the Czech Republic, Israel and China, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +8.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of flat glass to Italy, comprising 36% of total imports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total imports. It was followed by Luxembourg, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-11.0% per year) and Luxembourg (+11.9% per year).

Import Prices by Country

In 2021, the average flat glass import price amounted to $X per ton, picking up by 5.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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