Eastern Asia: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Eastern Asia

In 2020, the East Asian market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a pronounced reduction. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Eastern Asia

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses dropped to $X in 2020 estimated in export prices. Over the period under review, production recorded a slight slump. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in Eastern Asia

China (X square meters) remains the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels producing country in Eastern Asia, comprising approx. X% of total volume. Moreover, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in China exceeded the figures recorded by the second-largest producer, Japan (X square meters), fivefold. The third position in this ranking was occupied by South Korea (X square meters), with a X% share.

In China, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Japan (-X% per year) and South Korea (+X% per year).

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in Eastern Asia

In 2020, overseas shipments of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the fifth year in a row after six years of growth. Total exports indicated tangible growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The volume of export peaked at X square meters in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses fell to $X in 2020. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

China prevails in exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses structure, resulting at X square meters, which was approx. X% of total exports in 2020. The following exporters - South Korea (X square meters) and Japan (X square meters) - each recorded a X% share of total exports.

China was also the fastest-growing in terms of the safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses exports, with a CAGR of +X% from 2007 to 2020. Japan (-X%) and South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China increased by +X% percentage points, while Japan (-X p.p.) and South Korea (-X p.p.) saw their share reduced.

In value terms, China ($X) remains the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

In China, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (-X% per year).

Export Prices by Country

The export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Eastern Asia stood at $X per square meter in 2020, dropping by -X% against the previous year. Over the period under review, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, export prices attained the peak figure at $X per square meter in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per square meter), while China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced mixed trends in the export price figures.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in Eastern Asia

For the fifth consecutive year, Eastern Asia recorded decline in supplies from abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, which decreased by -X% to X square meters in 2020. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank to $X in 2020. In general, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2016 to 2020, the growth of imports remained at a lower figure.

Imports by Country

Japan was the main importing country with an import of about X square meters, which finished at X% of total imports. It was distantly followed by South Korea (X square meters) and China (X square meters), together mixing up a X% share of total imports. Hong Kong SAR (X square meters) followed a long way behind the leaders.

Imports into Japan decreased at an average annual rate of -X% from 2007 to 2020. Hong Kong SAR (-X%), South Korea (-X%) and China (-X%) illustrated a downward trend over the same period. While the share of Japan (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of China (-X p.p.) and South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), South Korea ($X) and China ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Japan recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Eastern Asia stood at $X per square meter in 2020, jumping by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. Over the period under review, import prices reached the maximum in 2020 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($X per square meter), while Japan ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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