France: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in France

The French market for drawn glass and blown glass was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -13.0% against 2018 indices. Drawn glass and blown glass consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Drawn Glass And Blown Glass in France

In value terms, drawn glass and blown glass production reached $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 41% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Drawn Glass And Blown Glass

Exports from France

For the third year in a row, France recorded growth in overseas shipments of drawn glass and blown glass, which increased by 1,321% to X square meters in 2021. Over the period under review, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, drawn glass and blown glass exports soared to $X in 2021. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X square meters) was the main destination for drawn glass and blown glass exports from France, accounting for a 91% share of total exports. Moreover, drawn glass and blown glass exports to South Korea exceeded the volume sent to the second major destination, China (X square meters), more than tenfold. The third position in this ranking was held by the United States (X square meters), with a 1.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea totaled +62.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+35.6% per year) and the United States (-15.0% per year).

In value terms, South Korea ($X) remains the key foreign market for drawn glass and blown glass exports from France, comprising 94% of total exports. The second position in the ranking was taken by China ($X), with a 1.3% share of total exports. It was followed by Switzerland, with a 0.9% share.

From 2012 to 2021, the average annual growth rate of value to South Korea totaled +89.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+30.9% per year) and Switzerland (-7.9% per year).

Export Prices by Country

The average export price for drawn glass and blown glass stood at $X per square meter in 2021, increasing by 16% against the previous year. Over the period under review, the export price saw prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 91%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per square meter), while the average price for exports to China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports into France

In 2021, overseas purchases of drawn glass and blown glass increased by 30% to X square meters, rising for the second year in a row after seven years of decline. In general, imports, however, recorded a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 32%. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, drawn glass and blown glass imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 60% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Estonia (X square meters), China (X square meters) and Germany (X square meters) were the main suppliers of drawn glass and blown glass imports to France, together accounting for 72% of total imports. Slovakia, the Netherlands, the UK, Italy and Denmark lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +40.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of drawn glass and blown glass to France, comprising 43% of total imports. The second position in the ranking was taken by the UK ($X), with a 20% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-8.9% per year) and China (-10.9% per year).

Import Prices by Country

In 2021, the average import price for drawn glass and blown glass amounted to $X per square meter, which is down by -3.5% against the previous year. Overall, the import price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 170% against the previous year. Over the period under review, average import prices reached the peak figure at $X per square meter in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for Estonia ($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 (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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