Northern America: 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 Northern America

The North American 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 stood at $X in 2022, almost unchanged from the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Production 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 in Northern America

In value terms, production 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 fell to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 17% against the previous year. Over the period under review, production 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 level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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 in Northern America

In 2022, approx. X square meters 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 were exported in Northern America; flattening at the previous year's figure. In general, exports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 41%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

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 surged 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 2021 with an increase of 57% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

The shipments of the one major exporters 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, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the 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, with a CAGR of -4.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier in Northern America.

In the United States, 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 remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per square meter in 2022, rising by 25% against the previous year. Export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, 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 increased by +38.6% against 2020 indices. The pace of growth was the most pronounced in 2015 when the export price increased by 32%. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.7% per year.

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 in Northern America

In 2022, 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 in Northern America shrank modestly to X square meters, with a decrease of -4.9% compared with 2021. Over the period under review, imports showed a slight curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 33%. As a result, imports reached the peak of X square meters. From 2017 to 2022, the growth of imports of remained at a somewhat lower figure.

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 surged to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +39.8% against 2020 indices. 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 reached the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Canada was the largest importer 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 in Northern America, with the volume of imports finishing at X square meters, which was near 69% of total imports in 2022. It was distantly followed by the United States (X square meters), constituting a 31% share of total imports.

Imports into Canada decreased at an average annual rate of -2.4% from 2012 to 2022. At the same time, the United States (+2.9%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of +2.9% from 2012-2022. From 2012 to 2022, the share of the United States increased by +10 percentage points.

In value terms, Canada ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2022.

The United States, with a CAGR of +4.0%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per square meter, increasing by 34% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per square meter), while Canada totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.5%).

Source: IndexBox Platform