Report Update Nov 1, 2024

Philippines - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Philippines: Flat Glass Market 2024

Flat Glass Market Size in the Philippines

The Philippine flat glass market declined to $X in 2021, with a decrease of -14.6% against the previous year. In general, consumption continues to indicate a mild downturn. Flat glass consumption peaked at $X in 2020, and then contracted in the following year.

Flat Glass Production in the Philippines

In value terms, flat glass production declined markedly to $X in 2021 estimated in export price. In general, production recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 46%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Flat Glass Exports

Exports from the Philippines

In 2021, exports of flat glass from the Philippines dropped rapidly to X tons, shrinking by -45.4% on the previous year's figure. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 96%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, flat glass exports skyrocketed to $X in 2021. Overall, exports recorded a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X tons) was the main destination for flat glass exports from the Philippines, with a 63% share of total exports. Moreover, flat glass exports to South Korea exceeded the volume sent to the second major destination, Indonesia (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea stood at -14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+6.4% per year) and the United States (+4.3% per year).

In value terms, the United States ($X) emerged as the key foreign market for flat glass exports from the Philippines, comprising 63% of total exports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total exports. It was followed by South Korea, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +65.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-5.2% per year) and South Korea (-20.4% per year).

Export Prices by Country

In 2021, the average flat glass export price amounted to $X per ton, increasing by 475% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+58.5%), while the prices for the other major destinations experienced more modest paces of growth.

Flat Glass Imports

Imports into the Philippines

In 2021, purchases abroad of flat glass decreased by -10.1% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2014 when imports increased by 99%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, flat glass imports surged to $X in 2021. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 67%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of flat glass imports to the Philippines, together accounting for 91% of total imports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +40.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and Japan ($X) were the largest flat glass suppliers to the Philippines, with a combined 87% share of total imports.

Among the main suppliers, Malaysia, with a CAGR of +45.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average flat glass import price amounted to $X per ton, surging by 34% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flat glass in the world?

China constituted the country with the largest volume of flat glass consumption, accounting for 26% of total volume. Moreover, flat glass consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Indonesia ranked third in terms of total consumption with a 5.3% share.

What are the largest producers of flat glass in the world?

The country with the largest volume of flat glass production was China, accounting for 29% of total volume. Moreover, flat glass production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Indonesia, with a 6.1% share.

What are the leading suppliers of flat glass to the Philippines?

In value terms, China, Malaysia and Thailand were the largest flat glass suppliers to the Philippines, together comprising 85% of total imports.

What are the leading importers of flat glass from the Philippines?

In value terms, Japan, Indonesia and Malaysia appeared to be the largest markets for flat glass exported from the Philippines worldwide, together comprising 32% of total exports. Bahrain lagged somewhat behind, comprising a further 0.6%.

What is the average export price for flat glass in the Philippines?

In 2021, the average flat glass export price amounted to $1,380 per ton, rising by 129% against the previous year.

What is the average import price for flat glass in the Philippines?

The average flat glass import price stood at $383 per ton in 2021, with an increase of 26% against the previous year.

This report provides an in-depth analysis of the flat glass market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23111110 - Non-wired sheets, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
Prodcom 23111130 - Wired sheets or profiles, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
Prodcom 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked
Prodcom 23111212 - Non-wired sheets, of float, surface ground or polished glass, h aving a non-reflecting layer
Prodcom 23111214 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflective layer, of a thickness . 3,5 mm
Prodcom 23111217 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflecting layer, not otherwise worked, o f a thickness > 3,5 mm
Prodcom 23111230 - Non-wired sheets, of float, surface ground or polished glass, c oloured throughout the mass, opacified, flashed or merely surface ground
Prodcom 23111290 - Other sheets of float/ground/polished glass, n.e.c.

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023