Germany: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in Germany

The German worked flat glass market expanded rapidly to $X in 2021, rising by 11% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Worked flat glass consumption peaked in 2021 and is likely to see steady growth in the near future.

Worked Flat Glass Production in Germany

In value terms, worked flat glass production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 18%. Over the period under review, production reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Worked Flat Glass Exports

Exports from Germany

In 2021, approx. X tons of worked flat glass were exported from Germany; growing by 5.9% compared with the year before. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, worked flat glass exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), Italy (X tons) and the United States (X tons) were the main destinations of worked flat glass exports from Germany, together comprising 30% of total exports. Hungary, Switzerland, Poland, Belgium, Austria, Denmark, the Netherlands, the Czech Republic, Malaysia and Slovakia lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +14.1%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and the United States ($X) constituted the largest markets for worked flat glass exported from Germany worldwide, together accounting for 26% of total exports.

Among the main countries of destination, Malaysia, with a CAGR of +8.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average worked flat glass export price stood at $X per ton in 2021, jumping by 17% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 44% against the previous year. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

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 Malaysia ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Flat Glass Imports

Imports into Germany

In 2021, overseas purchases of worked flat glass were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2015 with an increase of 23%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, worked flat glass imports soared to $X in 2021. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), China (X tons) and the Czech Republic (X tons) were the main suppliers of worked flat glass imports to Germany, with a combined 48% share of total imports. Italy, Poland, the Netherlands, Belgium, Turkey, France, Belarus, Japan and Luxembourg lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +11.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest worked flat glass suppliers to Germany were the Netherlands ($X), China ($X) and Italy ($X), together accounting for 41% of total imports.

The Netherlands, with a CAGR of +31.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average worked flat glass import price stood at $X per ton in 2021, jumping by 19% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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