Czech Republic: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in the Czech Republic

In 2022, the Czech glass in the mass market increased by 6.6% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +4.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Glass in the mass consumption peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Glass in The Mass

Exports from the Czech Republic

Glass in the mass exports from the Czech Republic fell sharply to X tons in 2022, declining by -60.3% on the previous year's figure. Over the period under review, exports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 202% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, glass in the mass exports declined dramatically to $X in 2022. Overall, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2016 when exports increased by 278% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), the United States (X tons) and Italy (X tons) were the main destinations of glass in the mass exports from the Czech Republic, together comprising 85% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +167.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for glass in the mass exports from the Czech Republic, comprising 46% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports. It was followed by Italy, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+56.1% per year) and Italy (+141.4% per year).

Export Prices by Country

In 2022, the average glass in the mass export price amounted to $X per ton, waning by -5.5% against the previous year. Over the period under review, the export price, however, posted notable growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 91% against the previous year. The export price peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass in The Mass

Imports into the Czech Republic

In 2022, supplies from abroad of glass in the mass increased by 3.3% to X tons, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.1% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by 25%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, glass in the mass imports fell to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 20% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest glass in the mass supplier to the Czech Republic, accounting for a 47% share of total imports. Moreover, glass in the mass imports from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+1.8% per year) and Poland (+46.7% per year).

In value terms, Germany ($X) constituted the largest supplier of glass in the mass to the Czech Republic, comprising 55% of total imports. The second position in the ranking was held by Poland ($X), with a 17% share of total imports. It was followed by Hungary, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+28.5% per year) and Hungary (+1.5% per year).

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, shrinking by -6.2% against the previous year. In general, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 an increase of 15%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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