EU: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in the EU

The EU worked flat glass market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Worked Flat Glass Production in the EU

In value terms, worked flat glass production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild descent. The growth pace was the most rapid in 2016 with an increase of 16%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Worked Flat Glass Exports

Exports in the EU

In 2021, exports of worked flat glass in the European Union amounted to X tons, rising by 7.9% compared with 2020. In general, exports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2013 when exports increased by 50%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, worked flat glass exports surged to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +62.6% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the Czech Republic (X tons), distantly followed by Belgium (X tons), Spain (X tons), France (X tons), Italy (X tons), Germany (X tons) and Poland (X tons) represented the major exporters of worked flat glass, together committing 92% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by France (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 68% share of total exports.

France, with a CAGR of +25.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, picking up by 13% against the previous year. Export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, worked flat glass export price increased by +37.9% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 41% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.4%), while the other leaders experienced more modest paces of growth.

Worked Flat Glass Imports

Imports in the EU

Worked flat glass imports was estimated at X tons in 2021, stabilizing at the year before. Overall, imports, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2018 when imports increased by 5.8% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, worked flat glass imports surged to $X in 2021. The total import value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by Poland (X tons), Italy (X tons), France (X tons), Belgium (X tons) and Austria (X tons) represented the key importers of worked flat glass, together generating 66% of total imports. Spain (X tons), the Netherlands (X tons), the Czech Republic (X tons), Portugal (X tons), Hungary (X tons), Bulgaria (X tons) and Slovakia (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to worked flat glass imports into Germany stood at -3.9%. At the same time, the Netherlands (+13.0%), Slovakia (+4.7%), Austria (+4.5%) and Hungary (+2.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the European Union, with a CAGR of +13.0% from 2012-2021. Italy and Portugal experienced a relatively flat trend pattern. By contrast, France (-1.2%), Spain (-2.0%), Poland (-3.6%), Bulgaria (-4.8%), the Czech Republic (-7.8%) and Belgium (-11.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands, Austria and Italy increased by +2.8, +2.5 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported worked flat glass in the European Union, comprising 25% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by Poland, with an 11% share.

In Germany, worked flat glass imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Italy (+7.4% per year) and Poland (+3.8% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, picking up by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.0%. The pace of growth was the most pronounced in 2017 an increase of 22% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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