CIS: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in CIS

The CIS glass in the mass market expanded rapidly to $X in 2022, picking up by 8.1% against the previous year. Over the period under review, consumption, however, showed a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Glass in The Mass in CIS

In value terms, glass in the mass production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2018 when the production volume increased by 28%. Over the period under review, glass in mass production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Glass in The Mass

Exports in CIS

In 2022, exports of glass in the mass in the CIS dropped notably to X tons, declining by -20.8% against the previous year. Over the period under review, exports, however, posted a resilient increase. The growth pace was the most rapid in 2015 when exports increased by 93% against the previous year. Over the period under review, the glass in mass exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass in the mass exports contracted notably to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 74% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus prevails in exports structure, accounting for X tons, which was near 87% of total exports in 2022. It was distantly followed by Kazakhstan (X tons), creating a 9.5% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to glass in the mass exports from Belarus stood at +26.6%. At the same time, Kazakhstan (+34.0%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +34.0% from 2012-2022. Belarus (+56 p.p.) and Kazakhstan (+7.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest glass in the mass supplier in the CIS, comprising 85% of total exports. The second position in the ranking was held by Kazakhstan ($X), with an 11% share of total exports.

In Belarus, glass in the mass exports increased at an average annual rate of +23.0% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, remaining constant against the previous year. Overall, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2018 an increase of 23%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Belarus amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.1%).

Imports of Glass in The Mass

Imports in CIS

After three years of growth, purchases abroad of glass in the mass decreased by -2.1% to X tons in 2022. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 274%. The volume of import peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, glass in the mass imports fell to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 200%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Russia (X tons) represented the key importer of glass in the mass, making up 63% of total imports. Moldova (X tons) ranks second in terms of the total imports with a 24% share, followed by Belarus (7%). The following importers - Kyrgyzstan (X tons) and Armenia (X tons) - each reached a 6% share of total imports.

Imports into Russia increased at an average annual rate of +21.7% from 2012 to 2022. At the same time, Kyrgyzstan (+271.0%), Moldova (+34.3%) and Armenia (+10.5%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +271.0% from 2012-2022. By contrast, Belarus (-9.5%) illustrated a downward trend over the same period. Russia (+34 p.p.), Moldova (+20 p.p.) and Kyrgyzstan (+3.1 p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by -56.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Moldova ($X) and Belarus ($X) were the countries with the highest levels of imports in 2022, together accounting for 92% of total imports. Armenia and Kyrgyzstan lagged somewhat behind, together comprising a further 5.7%.

Among the main importing countries, Kyrgyzstan, with a CAGR of +161.4%, 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

In 2022, the import price in the CIS amounted to $X per ton, shrinking by -5.5% against the previous year. In general, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2020 an increase of 19%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Armenia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+2.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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