Italy: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Italy

In 2021, after nine years of growth, there was decline in the Italian market for drawn glass and blown glass, when its value decreased by -3.2% to $X. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +92.7% against 2012 indices. Drawn glass and blown glass consumption peaked at $X in 2020, and then reduced in the following year.

Production of Drawn Glass And Blown Glass in Italy

In value terms, drawn glass and blown glass production fell to $X in 2021 estimated in export price. Overall, production posted a strong expansion. The growth pace was the most rapid in 2013 with an increase of 41%. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

Exports of Drawn Glass And Blown Glass

Exports from Italy

Drawn glass and blown glass exports from Italy shrank modestly to X square meters in 2021, which is down by -2.8% against 2020 figures. In general, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2016 when exports increased by 332% against the previous year. The exports peaked at X square meters in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, drawn glass and blown glass exports shrank to $X in 2021. Over the period under review, exports, however, saw resilient growth. The growth pace was the most rapid in 2016 with an increase of 140%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X square meters), France (X square meters) and Germany (X square meters) were the main destinations of drawn glass and blown glass exports from Italy, with a combined 78% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +148.2%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the key foreign market for drawn glass and blown glass exports from Italy, comprising 48% of total exports. The second position in the ranking was held by France ($X), with a 20% share of total exports. It was followed by Switzerland, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to +132.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+49.6% per year) and Switzerland (-0.7% per year).

Export Prices by Country

In 2021, the average export price for drawn glass and blown glass amounted to $X per square meter, falling by -6.2% against the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2014 an increase of 81%. As a result, the export price reached the peak level of $X per square meter. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per square meter), while the average price for exports to Croatia ($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 Slovenia (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports into Italy

In 2021, after five years of decline, there was significant growth in supplies from abroad of drawn glass and blown glass, when their volume increased by 65% to X square meters. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 87% against the previous year. As a result, imports reached the peak of X square meters. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, drawn glass and blown glass imports reduced markedly to $X in 2021. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 when imports increased by 94%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X square meters), Germany (X square meters) and France (X square meters) were the main suppliers of drawn glass and blown glass imports to Italy, together comprising 90% of total imports. These countries were followed by India, the United States, Switzerland and Poland, which together accounted for a further 9.1%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +31.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest drawn glass and blown glass suppliers to Italy were Germany ($X), the United States ($X) and China ($X), with a combined 69% share of total imports. These countries were followed by India, Poland, Switzerland and France, which together accounted for a further 12%.

India, with a CAGR of +37.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for drawn glass and blown glass stood at $X per square meter in 2021, waning by -59.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 156%. Over the period under review, average import prices attained the maximum at $X per square meter in 2020, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for China ($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 United States (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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