China - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina's Safety Glass Sees Price Drop of 6% to $6.3 per Square Meter
China Safety Glass Export Price in June 2023
In June 2023, the safety glass price stood at $6.3 per square meter (FOB, China), declining by -5.7% against the previous month. Over the period under review, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices attained the peak figure at $10.7 per square meter in September 2022; however, from October 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13.4 per square meter), while the average price for exports to Cambodia ($3.1 per square meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-1.4%), while the prices for the other major destinations experienced a decline.
| COUNTRY | Export Price of Safety Glass in China (USD per square meter) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| United States | 20.5 | 18.7 | 18.3 | 19.7 | 17.5 | 15.6 | 21.6 | 18.8 | 14.5 | 19.4 | 15.3 | 17.3 | 13.4 |
| Mexico | 7.9 | 6.1 | 8.7 | 8.4 | 7.8 | 5.2 | 5.3 | 6.0 | 5.9 | 5.2 | 5.4 | 5.6 | 6.7 |
| South Korea | 5.3 | 5.3 | 4.6 | 5.9 | 4.6 | 5.2 | 5.4 | 4.5 | 5.7 | 6.1 | 5.5 | 5.0 | 4.3 |
| India | 10.8 | 13.1 | 13.5 | 12.2 | 6.8 | 5.5 | 5.1 | 5.3 | 3.6 | 4.6 | 5.6 | 4.8 | 4.0 |
| Malaysia | 6.7 | 6.9 | 8.0 | 10.3 | 10.7 | 15.5 | 6.8 | 8.2 | 4.2 | 4.7 | 4.4 | 4.0 | 3.6 |
| Vietnam | 4.3 | 4.3 | 4.6 | 4.5 | 4.4 | 3.9 | 4.3 | 3.8 | 3.7 | 3.9 | 3.6 | 3.5 | 3.4 |
| Thailand | 4.9 | 4.4 | 5.1 | 4.4 | 4.2 | 4.8 | 3.9 | 4.0 | 3.4 | 3.4 | 3.5 | 3.0 | 3.2 |
| Cambodia | 7.2 | 5.4 | 4.1 | 4.2 | 3.6 | 4.2 | 3.6 | 3.8 | 3.4 | 3.5 | 3.4 | 3.4 | 3.1 |
| Average | 9.7 | 9.6 | 10.5 | 10.7 | 8.7 | 9.0 | 9.0 | 8.0 | 6.6 | 8.1 | 7.5 | 6.7 | 6.3 |
China Safety Glass Exports
In June 2023, safety glass exports from China amounted to 59M square meters, with an increase of 7.1% on the previous month's figure. Over the period under review, total exports indicated a perceptible expansion from June 2022 to June 2023: its volume increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, exports increased by +89.3% against September 2022 indices. The growth pace was the most rapid in October 2022 with an increase of 21% m-o-m. Over the period under review, the exports hit record highs in June 2023.
In value terms, safety glass exports totaled $370M (IndexBox estimates) in June 2023. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 43% against the previous month. As a result, the exports attained the peak of $418M. From April 2023 to June 2023, the growth of the exports failed to regain momentum.
China Safety Glass Exports by Country
Vietnam (10M square meters), Thailand (9.2M square meters) and India (8.2M square meters) were the main destinations of safety glass exports from China, with a combined 47% share of total exports. Cambodia, South Korea, Malaysia, the United States and Mexico lagged somewhat behind, together accounting for a further 33%.
From June 2022 to June 2023, the biggest increases were in Cambodia (with a CAGR of +19.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for safety glass exported from China were the United States ($47M), Vietnam ($35M) and India ($33M), with a combined 31% share of total exports. Thailand, South Korea, Malaysia, Cambodia and Mexico lagged somewhat behind, together comprising a further 25%.
Among the main countries of destination, Cambodia, with a CAGR of +11.4%, saw 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.
This report provides an in-depth analysis of the safety glass market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
- Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
- Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
- Prodcom 23121270 - Laminated safety glass, n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
