Europe: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Europe

In 2021, the Europe market for drawn glass and blown glass increased by 4.1% to $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Drawn Glass And Blown Glass in Europe

In value terms, drawn glass and blown glass production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the production volume increased by 32%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Drawn Glass And Blown Glass

Exports in Europe

Drawn glass and blown glass exports skyrocketed to X square meters in 2021, increasing by 48% on the year before. Total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +3.5% 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 +139.8% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 54%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, drawn glass and blown glass exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia was the major exporter of drawn glass and blown glass in Europe, with the volume of exports finishing at X square meters, which was approx. 35% of total exports in 2021. Switzerland (X square meters) ranks second in terms of the total exports with an 18% share, followed by Germany (18%), Estonia (13%) and the UK (5.3%). France (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Estonia (with a CAGR of +108.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and France ($X) were the countries with the highest levels of exports in 2021, with a combined 79% share of total exports. These countries were followed by the UK, Russia and Estonia, which together accounted for a further 14%.

Estonia, with a CAGR of +73.4%, 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 Europe amounted to $X per square meter, standing approx. at the previous year. Overall, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2021, the export prices remained at a somewhat lower figure.

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 France ($X per square meter), while Russia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.1%), while the other leaders experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports in Europe

In 2021, overseas purchases of drawn glass and blown glass were finally on the rise to reach X square meters after three years of decline. Overall, imports, however, continue to indicate a deep reduction. Over the period under review, imports hit record highs at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, drawn glass and blown glass imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt decrease. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Estonia represented the major importing country with an import of about X square meters, which accounted for 32% of total imports. Ukraine (X square meters) ranks second in terms of the total imports with an 8.7% share, followed by Germany (7%), Belgium (6.3%), Slovakia (6%), Poland (5.9%), the Netherlands (5.9%) and the UK (5.4%). Portugal (X square meters), Latvia (X square meters), Spain (X square meters), Bulgaria (X square meters) and Serbia (X square meters) took a little share of total imports.

Estonia was also the fastest-growing in terms of the drawn glass and blown glass imports, with a CAGR of +52.9% from 2012 to 2021. At the same time, Belgium (+27.8%), Serbia (+24.8%), Latvia (+12.3%) and Ukraine (+6.5%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, the Netherlands (-1.2%), Bulgaria (-1.5%), Portugal (-2.3%), Slovakia (-2.5%), Spain (-7.6%), Poland (-9.2%) and the UK (-14.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Estonia, Belgium, Ukraine, Germany, Latvia, the Netherlands and Serbia increased by +31, +5.9, +5.6, +2.4, +1.9, +1.8 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported drawn glass and blown glass in Europe, comprising 20% of total imports. The second position in the ranking was held by Estonia ($X), with a 9% share of total imports. It was followed by the UK, with an 8.7% share.

In Germany, drawn glass and blown glass imports increased at an average annual rate of +4.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Estonia (+51.7% per year) and the UK (-3.6% per year).

Import Prices by Country

In 2021, the import price in Europe amounted to $X per square meter, waning by -4.3% against the previous year. In general, the import price showed a slight contraction. The growth pace was the most rapid in 2015 an increase of 10%. As a result, import price attained the peak level of $X per square meter. From 2016 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+12.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform