China: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in China

In 2022, the Chinese market for float glass and surface ground or polished glass decreased by X% to $X, falling for the second year in a row after four years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Float Glass And Surface Ground or Polished Glass in China

In value terms, production of float glass and surface ground or polished glass amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from China

Exports of float glass and surface ground or polished glass from China skyrocketed to X square meters in 2022, jumping by X% against 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports of reached the maximum at X square meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of float glass and surface ground or polished glass surged to $X in 2022. In general, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Tanzania (X square meters), Kenya (X square meters) and the Philippines (X square meters) were the main destinations of exports of float glass and surface ground or polished glass from China, together comprising X% of total exports. South Korea, Djibouti, Chile, Saudi Arabia, Peru, Ecuador, Mozambique, Vietnam, Myanmar and the Dominican Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, Tanzania ($X), South Korea ($X) and Kenya ($X) appeared to be the largest markets for float glass and surface ground or polished glass exported from China worldwide, with a combined X% share of total exports. The Philippines, Chile, Peru, Djibouti, Saudi Arabia, Ecuador, Vietnam, Mozambique, the Dominican Republic and Myanmar lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Myanmar, with a CAGR of X%, saw 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 export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Dominican Republic ($X per square meter) and South Korea ($X per square meter), while the average price for exports to Myanmar ($X per square meter) and the Philippines ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into China

Imports of float glass and surface ground or polished glass into China fell significantly to X square meters in 2022, reducing by X% on the previous year. In general, total imports indicated noticeable growth from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports of hit record highs at X square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of float glass and surface ground or polished glass reduced markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2021, and then declined notably in the following year.

Imports by Country

South Korea (X square meters), Japan (X square meters) and Taiwan (Chinese) (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to China, with a combined X% share of total imports. Thailand, Germany and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Japan ($X) and Taiwan (Chinese) ($X) constituted the largest float glass and surface ground or polished glass suppliers to China, together accounting for X% of total imports. Thailand, Germany and Malaysia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for float glass and surface ground or polished glass stood at $X per square meter in 2022, increasing by X% against the previous year. In general, the import price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per square meter) and Thailand ($X per square meter), while the price for South Korea ($X per square meter) and Japan ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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