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

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

The CIS market for float glass and surface ground or polished glass declined slightly to $X in 2022, reducing by X% against the previous year. The total consumption indicated a mild expansion 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 decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of float glass and surface ground or polished glass fell to $X in 2022 estimated in export price. The total production indicated a tangible expansion 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 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Float Glass And Surface Ground or Polished Glass

Exports in CIS

In 2022, shipments abroad of float glass and surface ground or polished glass decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X square meters in 2021, and then shrank significantly in the following year.

In value terms, exports of float glass and surface ground or polished glass dropped sharply to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Russia was the key exporter of float glass and surface ground or polished glass in the CIS, with the volume of exports finishing at X square meters, which was approx. X% of total exports in 2022. Belarus (X square meters) held the second position in the ranking, distantly followed by Kyrgyzstan (X square meters). All these countries together took approx. X% share of total exports. The following exporters - Uzbekistan (X square meters) and Azerbaijan (X square meters) - each amounted to an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to float glass and surface ground or polished glass exports from Russia stood at X%. At the same time, Azerbaijan (X%), Uzbekistan (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) and Azerbaijan (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Belarus ($X) and Kyrgyzstan ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Azerbaijan and Uzbekistan lagged somewhat behind, together comprising a further X%.

Azerbaijan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per square meter in 2022, picking up by X% against the previous year. Export price indicated mild growth from 2012 to 2022: its price 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, export price for float glass and surface ground or polished glass increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Belarus ($X per square meter) and Azerbaijan ($X per square meter), while Uzbekistan ($X per square meter) and Kyrgyzstan ($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 Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports in CIS

After two years of growth, supplies from abroad of float glass and surface ground or polished glass decreased by X% to X square meters in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2021, and then declined in the following year.

In value terms, imports of float glass and surface ground or polished glass stood at $X in 2022. Overall, imports, however, recorded mild growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

Kazakhstan was the key importer of float glass and surface ground or polished glass in the CIS, with the volume of imports resulting at X square meters, which was approx. X% of total imports in 2022. Uzbekistan (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%), Belarus (X%), Tajikistan (X%), Azerbaijan (X%) and Armenia (X%).

From 2012 to 2022, average annual rates of growth with regard to float glass and surface ground or polished glass imports into Kazakhstan stood at X%. At the same time, Armenia (X%), Tajikistan (X%), Azerbaijan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan, Uzbekistan, Tajikistan, Armenia and Azerbaijan increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported float glass and surface ground or polished glass in the CIS, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Kazakhstan, imports of float glass and surface ground or polished glass expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per square meter in 2022, rising by X% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price 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, import price for float glass and surface ground or polished glass increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per square meter), while Azerbaijan ($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 Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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