Eastern Asia: Glass Smallware Market 2020

Glass Smallware Market Size in Eastern Asia

The revenue of the glass smallware market in Eastern Asia amounted to $X in 2017, declining by -X% against the previous year. The glass smallware consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2012, when market value increased by X% year-to-year. In that year, the glass smallware market reached their peak level of $X. From 2013 to 2017, growth of the glass smallware market failed to regain its momentum.

Glass Smallware Production in Eastern Asia

In 2017, production of glass smallware in Eastern Asia totaled X tons, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Over the period under review, the glass smallware production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Glass Smallware Exports in Eastern Asia

The exports stood at X tons in 2017, picking up by X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass smallware exports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. In that year, the glass smallware exports reached their peak volume of X tons. From 2015 to 2017, growth of the glass smallware exports failed to regain its momentum.

In value terms, glass smallware exports totaled $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass smallware exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Glass Smallware Exports by Country in Eastern Asia

The countries with the highest levels of glass smallware exports in 2017 were China (X tons), together reaching X% of total export.

China was also the fastest growing in terms of the glass smallware exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of China decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest glass smallware supplier in Eastern Asia.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%.

Glass Smallware Export Prices by Country in Eastern Asia

In 2017, the glass smallware export price in Eastern Asia amounted to $X per ton, shrinking by -X% against the previous year. The glass smallware export price continues to indicate a modest increase. The pace of growth was the most pronounced in 2012, an increase of X% year-to-year. In that year, the export prices for glass smallware attained their peak level of $X per ton. From 2013 to 2017, growth of the export prices for glass smallware stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Glass Smallware Imports in Eastern Asia

In 2017, the amount of glass smallware imported in Eastern Asia stood at X tons, surging by X% against the previous year. The glass smallware imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. In that year, the glass smallware imports attained their peak volume of X tons. From 2011 to 2017, growth of the glass smallware imports stood at a somewhat lower level.

In value terms, glass smallware imports stood at $X in 2017. The glass smallware imports continue to indicate a drastic setback. Over the period under review, the glass smallware imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Glass Smallware Imports by Country in Eastern Asia

South Korea (X tons) and China (X tons) represented roughly X% of total imports of glass smallware in 2017. Taiwan, Chinese (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%) and China, Hong Kong SAR (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), China, Hong Kong SAR ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

In terms of the main importing countries , China (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced a decline in the imports figures.

Glass Smallware Import Prices by Country in Eastern Asia

The glass smallware import price in Eastern Asia stood at $X per ton in 2017, dropping by -X% against the previous year. The glass smallware import price continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for glass smallware attained its maximum level of $X per kg in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China, Hong Kong SAR ($X per kg), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform