Europe: Flat Glass Market 2024

Flat Glass Market Size in Europe

The Europe flat glass market rose rapidly to $X in 2021, increasing by 8.5% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.

Flat Glass Production in Europe

In value terms, flat glass production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 8.3%. The level of production peaked in 2021 and is expected to retain growth in the near future.

Flat Glass Exports

Exports in Europe

In 2021, overseas shipments of flat glass increased by 11% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

Exports by Country

In 2021, Germany (X tons), distantly followed by Russia (X tons), Poland (X tons), France (X tons), Belgium (X tons), Bulgaria (X tons), Belarus (X tons) and Italy (X tons) were the key exporters of flat glass, together making up 80% of total exports. The Czech Republic (X tons), Luxembourg (X tons), Hungary (X tons), Romania (X tons) and the Netherlands (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +13.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest flat glass supplier in Europe, comprising 26% of total exports. The second position in the ranking was taken by France ($X), with a 10% share of total exports. It was followed by Belgium, with a 9.6% share.

In Germany, flat glass exports expanded at an average annual rate of +5.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: France (-0.8% per year) and Belgium (-6.1% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, growing by 20% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+5.1%), while the other leaders experienced more modest paces of growth.

Flat Glass Imports

Imports in Europe

In 2021, after two years of decline, there was significant growth in supplies from abroad of flat glass, when their volume increased by 11% to X tons. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, flat glass imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of flat glass imports in 2021 were Poland (X tons), Ukraine (X tons), Germany (X tons), the Netherlands (X tons), Austria (X tons), France (X tons), Belgium (X tons), the UK (X tons), the Czech Republic (X tons), Spain (X tons), Romania (X tons) and Portugal (X tons), together recording 66% of total import. Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of +8.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and France ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 22% of total imports. Ukraine, the Netherlands, Austria, the UK, Spain, the Czech Republic, Belgium, Romania, Italy and Portugal lagged somewhat behind, together accounting for a further 46%.

Among the main importing countries, Romania, with a CAGR of +9.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, jumping by 19% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform