Toughened safety glass market
Toughened safety glass market: read new datasets featured by an Ai-driven market intelligence tool. Facts and figures contain trade, market size, production, companies, market prices, imports, exports, and consumption. Here is a breakdown by country, including Africa, China, the Middle East, Latin America, Russia, the U.K., EU, and the U.S. Market trends and outlook to 2030 are also provided in the snapshots.
Toughened Safety Glass - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Russia |
4 | India |
5 | Brazil |
In value terms, the largest toughened safety glass markets worldwide were China, the United States and Russia, together comprising 63% of the global market. These countries were followed by India, Brazil, Indonesia, Mexico, Japan, South Korea, Vietnam, Italy, Thailand and Turkey, which together accounted for a further 42%.
Among the main consuming countries, Vietnam (+61.4% per year) recorded the highest growth rate of market size, over the period under review, while toughened safety glass market for the other global leaders experienced more modest paces of growth.
Toughened Safety Glass Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per square meter | ||||
China | 17 | 11 | 12 | -18.6% |
Turkey | 20 | 18 | 18 | -7.0% |
Malaysia | 21 | 16 | 18 | -6.5% |
Hungary | 26 | 28 | 24 | -3.6% |
Poland | 28 | 27 | 27 | -1.3% |
Germany | 29 | 30 | 27 | -3.2% |
Italy | 35 | 37 | 35 | -0.9% |
United States | 41 | 41 | 44 | 3.4% |
Average | 25 | 19 | 18 | -13.2% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($44 per square meter), while China ($12 per square meter) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per square meter | ||||
Canada | 49 | 53 | 44 | -5.4% |
United Kingdom | 34 | 31 | 33 | -1.5% |
France | 31 | 34 | 32 | 0.9% |
Germany | 30 | 28 | 28 | -4.1% |
United States | 26 | 27 | 25 | -1.4% |
Vietnam | 22 | 23 | 22 | -0.3% |
Netherlands | 21 | 18 | 19 | -4.5% |
Italy | 21 | 19 | 19 | -5.3% |
Mexico | 18 | 18 | 17 | -4.1% |
Australia | 13 | 14 | 12 | -1.3% |
Taiwan (Chinese) | 14 | 11 | 11 | -11.1% |
South Korea | 11 | 11 | 11 | -1.5% |
Thailand | 11 | 9 | 9.6 | -4.7% |
Average | 24 | 23 | 22 | -5.2% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($44 per square meter), while Thailand ($9.6 per square meter) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced a decline in the import price figures.
Toughened Safety Glass - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Vietnam | 0.2 | 0.5 | 0.7 | 74.9% |
United States | 0.6 | 0.5 | 0.6 | -0.5% |
Germany | 0.6 | 0.5 | 0.5 | -11.0% |
South Korea | 0.3 | 0.3 | 0.3 | 14.0% |
Canada | 0.3 | 0.3 | 0.3 | -0.9% |
In value terms, Vietnam ($707M), the United States ($561M) and Germany ($508M) constituted the countries with the highest levels of imports in 2020, with a combined 31% share of global imports.
Vietnam (+74.9% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Toughened Safety Glass - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 2.1 | 2 | 2.3 | 3.2% |
Germany | 0.4 | 0.4 | 0.4 | -2.1% |
United States | 0.4 | 0.4 | 0.3 | -9.1% |
Malaysia | 0.08 | 0.2 | 0.2 | 69.9% |
Poland | 0.2 | 0.2 | 0.2 | -1.7% |
In value terms, China ($2.3B) remains the largest toughened safety glass supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by Germany ($424M), with a 7.5% share of global exports. It was followed by the United States, with a 5.9% share.
From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +3.2%. In the other countries, the average annual rates were as follows: Germany (-2.1% per year) and the United States (-9.1% per year).
Toughened Safety Glass - Market Forecast
Driven by increasing demand for toughened safety glass worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Toughened Safety Glass - Product Coverage
- HS 700711 - Glass; safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels
- HS 700719 - Glass; safety glass, toughened (tempered), (not of a size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels)
This report provides an in-depth analysis of the global safety glass market.
This report provides an in-depth analysis of the global market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels.
This report provides an in-depth analysis of the global market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels.
Discover the top import markets for safety glass worldwide, including key statistics and market analysis of countries such as Germany, United States, Vietnam, Belgium, and more.
China boosted safety glass supplies abroad nearly threefold in the past decade, from $1.3B to $3.0B, topping the global exporter ranking. With an average annual growth rate of +8.5% over the last decade, China emerges as the fastest-growing supplier. Germany held the leading position in global exports until 2010, but now, it remains the largest safety glass importer, along with the U.S. and Vietnam. In 2020, the global safety glass trade reduced by -6% y-o-y to 366M square meters, and China’s supplies accounted for 58% of that volume. In value terms, global trade fell to $9.5B last year, dropping by -10% y-o-y.
In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...
In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...