South-Eastern Asia: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in South-Eastern Asia

The Southeast Asian market for float glass and surface ground or polished glass expanded to $X in 2022, rising by X% against the previous year. The total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Production of Float Glass And Surface Ground or Polished Glass in South-Eastern Asia

In value terms, production of float glass and surface ground or polished glass reduced to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports in South-Eastern Asia

In 2022, shipments abroad of float glass and surface ground or polished glass increased by X% to X square meters, rising for the second consecutive year after two years of decline. Overall, exports saw tangible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of float glass and surface ground or polished glass surged to $X in 2022. In general, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia was the main exporting country with an export of about X square meters, which reached X% of total exports. Thailand (X square meters) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%). Vietnam (X square meters) took a little share of total exports.

Malaysia was also the fastest-growing in terms of the float glass and surface ground or polished glass exports, with a CAGR of X% from 2012 to 2022. Thailand experienced a relatively flat trend pattern. Indonesia (X%) and Vietnam (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.), Indonesia (X p.p.) and Vietnam (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) emerged as the largest float glass and surface ground or polished glass supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Malaysia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per square meter in 2022, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per square meter in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per square meter), while Thailand ($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 Vietnam (X%), while the other leaders experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports in South-Eastern Asia

In 2022, approx. X square meters of float glass and surface ground or polished glass were imported in South-Eastern Asia; reducing by X% on 2021 figures. In general, imports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2016 with an increase of X%. 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 or polished glass surged to $X in 2022. Overall, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia was the main importer of float glass and surface ground or polished glass in South-Eastern Asia, with the volume of imports recording X square meters, which was approx. X% of total imports in 2022. Vietnam (X square meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%), Myanmar (X%), Cambodia (X%) and Indonesia (X%). Thailand (X square meters) held a little share of total imports.

Malaysia experienced a relatively flat trend pattern with regard to volume of imports of float glass and surface ground or polished glass. At the same time, Myanmar (X%), the Philippines (X%), Cambodia (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%) and Thailand (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), the Philippines (X p.p.), Myanmar (X p.p.), Cambodia (X p.p.), Indonesia (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Thailand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Malaysia ($X) constitutes the largest market for imported float glass and surface ground or polished glass in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

In Malaysia, imports of float glass and surface ground or polished glass increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per square meter, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per square meter), while Myanmar ($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 Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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