Japan - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 2, 2025

Japan - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Feb 2, 2025

Japan's Flat Glass Exports Drop 12%, Reaching $603 Million in 2024

Japan Flat Glass Exports

In 2024, exports of flat glass from Japan contracted to 93M square meters, with a decrease of -12.8% on the year before. Over the period under review, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2023 with an increase of 143%. The exports peaked at 139M square meters in 2014; however, from 2015 to 2024, the exports remained at a lower figure.

In value terms, flat glass exports rose modestly to $630M (IndexBox estimates) in 2024. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. The exports peaked at $1.6B in 2014; however, from 2015 to 2024, the exports stood at a somewhat lower figure.Japan Flat Glass Exports By Country (Million USD)

COUNTRYExport Value of Flat Glass in Japan (million USD)
2014201520162017201820192020202120222023
China304255245242272307290291328229
Taiwan (Chinese)325240159188187158192213144148
South Korea51135838924022614912313456.490.1
Hong Kong25810462.965.070.611756.313076.167.7
Vietnam46.136.358.656.553.767.040.338.425.725.3
Philippines14.613.824.119.820.030.319.030.224.314.6
Thailand15.616.315.824.315.514.814.514.811.110.9
Italy60.248.741.20.10.20.70.30.60.91.2
Others37.448.667.595.561.040.718.929.521.915.9
Total1,5721,1201,062931906884754883688603

Exports by Country

China (14M square meters), Taiwan (Chinese) (13M square meters) and Hong Kong (8.2M square meters) were the main destinations of flat glass exports from Japan, with a combined 33% share of total exports. South Korea, Vietnam, the Philippines, Italy and Thailand lagged somewhat behind, together accounting for a further 7.3%.

From 2014 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of -6.5%), while the other leaders experienced a decline.

In value terms, the largest markets for flat glass exported from Japan were China ($229M), Taiwan (Chinese) ($148M) and South Korea ($90M), together comprising 78% of total exports. Hong Kong, Vietnam, the Philippines, Thailand and Italy lagged somewhat behind, together accounting for a further 20%.

the Philippines, with a CAGR of -0.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Exports by Type

Drawn and blown glass, in sheets, other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent or reflecting layer (70M square meters) was the largest type of flat glass exported from Japan, with a 75% share of total exports. Moreover, drawn and blown glass, in sheets, other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent or reflecting layer exceeded the volume of the second product type, float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground (21M square meters), threefold. The third position in this ranking was taken by float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) (751K square meters), with a 0.8% share.

From 2014 to 2024, the average annual rate of growth in terms of the volume of drawn and blown glass, in sheets, other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent or reflecting layer exports stood at +4.1%. With regard to the other exported products, the following average annual rates of growth were recorded: float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground (-12.3% per year) and float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) (-15.3% per year).

In value terms, flat glass with the largest exports in Japan were drawn and blown glass, in sheets, other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent or reflecting layer ($283M), float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground ($193M) and cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer ($111M), with a combined 93% share of total exports.

In terms of the main product categories, cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer, with a CAGR of +27.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced a decline.

Export Prices by Country

In 2024, the flat glass price amounted to $5.6 per square meter (FOB, Japan), waning by -63.9% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 34%. Over the period under review, the average export prices attained the peak figure at $16 per square meter in 2022, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($24 per square meter), while the average price for exports to Italy ($6.3 per square meter) was amongst the lowest.

From 2014 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flat glass market in Japan. 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 23111110 - Non-wired sheets, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111130 - Wired sheets or profiles, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111212 - Non-wired sheets, of float, surface ground or polished glass, h aving a non-reflecting layer
  • Prodcom 23111214 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflective layer, of a thickness . 3,5 mm
  • Prodcom 23111217 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflecting layer, not otherwise worked, o f a thickness > 3,5 mm
  • Prodcom 23111230 - Non-wired sheets, of float, surface ground or polished glass, c oloured throughout the mass, opacified, flashed or merely surface ground
  • Prodcom 23111290 - Other sheets of float/ground/polished glass, n.e.c.

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

Recommended posts

Free Data: Flat Glass - Japan