India: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in India

In 2020, the Indian market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to $X, falling for the second consecutive year after five years of growth. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in India

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from India

In 2020, approx. X square meters of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were exported from India; growing by X% against the year before. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at X square meters in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are likely to see steady growth in years to come.

Exports by Country

Sri Lanka (X square meters), Germany (X square meters) and Spain (X square meters) were the main destinations of exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from India, together accounting for X% of total exports. Poland, Belgium, the U.S., Brazil, Bangladesh, Italy, Vietnam, Ethiopia and Sweden lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from India, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Belgium (-X% per year).

Export Prices by Country

In 2020, the average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, surging by X% against the previous year. In general, export price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Vietnam ($X per square meter), while the average price for exports to Sri Lanka ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into India

In 2020, purchases abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Imports peaked at X square meters in 2019, and then reduced in the following year.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank slightly to $X in 2020. In general, imports, however, showed a strong expansion. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019, and then dropped in the following year.

Imports by Country

In 2020, China (X square meters) constituted the largest supplier of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to India, with a X% share of total imports. It was followed by Germany (X square meters), with a X% share of total imports. The third position in this ranking was occupied by South Korea (X square meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and South Korea (+X% per year).

In value terms, China ($X) constituted the largest supplier of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to India, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2020, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

The average import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, picking up by X% against the previous year. Overall, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. The import price peaked at $X per square meter in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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