Italy: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Italy

In 2022, the Italian glass in the mass market increased by 14% to $X, rising for the third year in a row after three years of decline. In general, consumption enjoyed a noticeable expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Glass in The Mass in Italy

In value terms, glass in the mass production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Over the period under review, glass in mass production hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Glass in The Mass

Exports from Italy

Glass in the mass exports from Italy soared to X tons in 2022, rising by 15% compared with 2021. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 574% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, glass in the mass exports soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 1,220%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for glass in the mass exports from Italy, accounting for a 74% share of total exports. Moreover, glass in the mass exports to Turkey exceeded the volume sent to the second major destination, France (X tons), eightfold. The third position in this ranking was taken by Spain (X tons), with an 8% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at +105.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.6% per year) and Spain (+19.9% per year).

In value terms, Turkey ($X) emerged as the key foreign market for glass in the mass exports from Italy, comprising 71% of total exports. The second position in the ranking was taken by France ($X), with a 3.5% share of total exports. It was followed by Spain, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to +91.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-5.6% per year) and Spain (+1.1% per year).

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, increasing by 69% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The pace of growth was the most pronounced in 2019 an increase of 96% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Glass in The Mass

Imports into Italy

In 2022, supplies from abroad of glass in the mass increased by 18% to X tons, rising for the third year in a row after two years of decline. Overall, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 178%. Over the period under review, glass in mass imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, glass in the mass imports totaled $X in 2022. In general, imports showed a slight increase. The growth pace was the most rapid in 2021 when imports increased by 157%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of glass in the mass imports to Italy, with a combined 69% share of total imports. Israel, Switzerland, Denmark, Hungary, the Netherlands and Norway lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +245.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass in the mass suppliers to Italy were France ($X), Germany ($X) and Austria ($X), with a combined 67% share of total imports. Israel, Switzerland, the Netherlands, Norway, Denmark and Hungary lagged somewhat behind, together accounting for a further 28%.

Denmark, with a CAGR of +208.5%, 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 more modest paces of growth.

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, declining by -4.8% against the previous year. In general, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2013 when the average import price increased by 16%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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