EU: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in the EU

The EU market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground dropped modestly to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in the EU

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 16% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports in the EU

In 2022, the amount of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exported in the European Union reduced to X square meters, with a decrease of -13.6% compared with 2021. In general, exports recorded a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the maximum at X square meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground rose remarkably to $X in 2022. The total export value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Germany represented the major exporter of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in the European Union, with the volume of exports resulting at X square meters, which was near 35% of total exports in 2022. Belgium (X square meters) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Poland (12%), France (11%), Bulgaria (10%) and Italy (8.4%). Spain (X square meters) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exports from Germany stood at +3.4%. At the same time, Bulgaria (+4.0%), Italy (+2.0%) and Poland (+1.2%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +4.0% from 2012-2022. By contrast, Spain (-1.8%), France (-3.7%) and Belgium (-3.8%) illustrated a downward trend over the same period. While the share of Germany (+13 p.p.), Bulgaria (+4.1 p.p.), Poland (+2.6 p.p.) and Italy (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (-3.1 p.p.) and Belgium (-3.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier in the European Union, comprising 36% of total exports. The second position in the ranking was held by Poland ($X), with a 13% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to +7.8%. In the other countries, the average annual rates were as follows: Poland (+9.0% per year) and France (-1.7% per year).

Export Prices by Country

The export price in the European Union stood at $X per square meter in 2022, growing by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per square meter), while Belgium ($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 Spain (+9.4%), while the other leaders experienced more modest paces of growth.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports in the EU

In 2022, purchases abroad of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 9% to X square meters, rising for the second year in a row after two years of decline. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 13%. The volume of import peaked at X square meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground soared to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.0% 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 +67.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X square meters), followed by the Czech Republic (X square meters), France (X square meters), Poland (X square meters), Spain (X square meters), Austria (X square meters), Germany (X square meters) and Romania (X square meters) were the main importers of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, together achieving 66% of total imports. The following importers - Luxembourg (X square meters), Hungary (X square meters), Belgium (X square meters), Portugal (X square meters) and Italy (X square meters) - together made up 17% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +13.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Spain ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined 28% share of total imports. Austria, Poland, the Czech Republic, Germany, Luxembourg, Belgium, Portugal, Romania, Hungary and Italy lagged somewhat behind, together comprising a further 51%.

Luxembourg, with a CAGR of +20.9%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per square meter in 2022, surging by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Portugal ($X per square meter), while the Czech Republic ($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 Luxembourg (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform