Asia-Pacific: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Asia-Pacific

In 2022, the Asia-Pacific market for float glass and surface ground or polished glass increased by X% to $X, rising for the sixth year in a row after two years of decline. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Production of Float Glass And Surface Ground or Polished Glass in Asia-Pacific

In value terms, production of float glass and surface ground or polished glass stood at $X in 2022 estimated in export price. The total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Float Glass And Surface Ground or Polished Glass

Exports in Asia-Pacific

Exports of float glass and surface ground or polished glass totaled X square meters in 2022, surging by X% against the previous year. Overall, exports, however, saw a pronounced contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of float glass and surface ground or polished glass soared to $X in 2022. Total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X square meters) and Malaysia (X square meters) represented the key exporters of float glass and surface ground or polished glass in 2022, accounting for near X% and X% of total exports, respectively. Japan (X square meters) ranks next in terms of the total exports with a X% share, followed by Thailand (X%), South Korea (X%) and India (X%). Hong Kong SAR (X square meters) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest float glass and surface ground or polished glass supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, exports of float glass and surface ground or polished glass increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per square meter, jumping by X% against the previous year. In general, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per square meter), while Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports in Asia-Pacific

In 2022, the amount of float glass and surface ground or polished glass imported in Asia-Pacific reduced to X square meters, which is down by X% against the previous year's figure. Over the period under review, imports saw a mild contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of attained the maximum at X square meters in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of float glass and surface ground or polished glass stood at $X in 2022. In general, imports recorded a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) and India (X square meters) represented the key importers of float glass and surface ground or polished glass in Asia-Pacific, together amounting to near X% of total imports. South Korea (X square meters) took the next position in the ranking, followed by Malaysia (X square meters). All these countries together took near X% share of total imports. Japan (X square meters), Hong Kong SAR (X square meters), Vietnam (X square meters), New Zealand (X square meters), the Philippines (X square meters), Australia (X square meters), Nepal (X square meters) and Myanmar (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest float glass and surface ground or polished glass importing markets in Asia-Pacific were China ($X), India ($X) and South Korea ($X), with a combined X% share of total imports. Malaysia, Hong Kong SAR, Japan, Australia, the Philippines, New Zealand, Vietnam, Nepal and Myanmar lagged somewhat behind, together accounting for a further X%.

Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per square meter, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per square meter), while Myanmar ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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