Ireland: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Ireland

In 2022, the Irish market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 24% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted prominent growth. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Ireland

In 2022, the amount of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exported from Ireland amounted to X square meters, flattening at the year before. In general, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 25%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X in 2022. Overall, exports recorded a mild decline. The pace of growth appeared the most rapid in 2016 with an increase of 27%. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X square meters) was the main destination for exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Ireland, with a 96% share of total exports. Moreover, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to the UK exceeded the volume sent to the second major destination, Belgium (X square meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to -9.4%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2022, the average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, remaining stable against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 46%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the average price for exports to the UK totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.1%).

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Ireland

In 2022, overseas purchases of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 25% to X square meters, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 63% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground soared to $X in 2022. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the UK (X square meters) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Ireland, with a 49% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from the UK exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), threefold. The third position in this ranking was taken by Belgium (X square meters), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+50.2% per year) and Belgium (+3.2% per year).

In value terms, the UK ($X) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Ireland, comprising 52% of total imports. The second position in the ranking was held by Belgium ($X), with a 17% share of total imports. It was followed by Turkey, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+14.2% per year) and Turkey (+61.1% per year).

Import Prices by Country

The average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, surging by 8.1% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by +26.0% against 2017 indices. The growth pace was the most rapid in 2017 when the average import price increased by 43% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform