Report Update Nov 1, 2024

Sri Lanka - Drawn Glass and Blown Glass - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Sri Lanka

The Sri Lankan market for drawn glass and blown glass surged to $X in 2021, growing by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Drawn Glass And Blown Glass

Exports from Sri Lanka

In 2021, after two years of decline, there was significant growth in shipments abroad of drawn glass and blown glass, when their volume increased by 412% to X square meters. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, drawn glass and blown glass exports skyrocketed to $X in 2021. In general, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Maldives (X square meters) was the main destination for drawn glass and blown glass exports from Sri Lanka, with a 95% share of total exports. Moreover, drawn glass and blown glass exports to Maldives exceeded the volume sent to the second major destination, India (X square meters), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Maldives totaled +70.2%.

In value terms, Maldives ($X) remains the key foreign market for drawn glass and blown glass exports from Sri Lanka, comprising 98% of total exports. The second position in the ranking was taken by India ($X), with a 2.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Maldives stood at +23.8%.

Export Prices by Country

The average export price for drawn glass and blown glass stood at $X per square meter in 2021, declining by -30.3% against the previous year. In general, the export price faced a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of 74%. The export price peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per square meter), while the average price for exports to India stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (-5.9%).

Imports of Drawn Glass And Blown Glass

Imports into Sri Lanka

In 2021, approx. X square meters of drawn glass and blown glass were imported into Sri Lanka; jumping by 30% compared with 2020. Overall, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, drawn glass and blown glass imports soared to $X in 2021. In general, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when imports increased by 55%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest drawn glass and blown glass supplier to Sri Lanka, with a 69% share of total imports. Moreover, drawn glass and blown glass imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X square meters), threefold. Iran (X square meters) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+9.2% per year) and Iran (+652.9% per year).

In value terms, Indonesia ($X), China ($X) and Iran ($X) constituted the largest drawn glass and blown glass suppliers to Sri Lanka, with a combined 95% share of total imports.

Among the main suppliers, Iran, with a CAGR of +488.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for drawn glass and blown glass amounted to $X per square meter, flattening at the previous year. Over the period under review, the import price showed a mild increase. The pace of growth appeared the most rapid in 2018 an increase of 55%. As a result, import price attained the peak level of $X per square meter. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per square meter), while the price for Iran ($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 Thailand (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for drawn glass and blown glass in the world?

Japan constituted the country with the largest volume of drawn glass and blown glass consumption, accounting for 35% of total volume. Moreover, drawn glass and blown glass consumption in Japan exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by the United States, with a 7.3% share.

What are the largest producers of drawn glass and blown glass in the world?

Japan constituted the country with the largest volume of drawn glass and blown glass production, accounting for 37% of total volume. Moreover, drawn glass and blown glass production in Japan exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by the United States, with an 8.4% share.

What are the leading suppliers of drawn glass and blown glass to Sri Lanka?

In value terms, India, China and Indonesia were the largest drawn glass and blown glass suppliers to Sri Lanka, with a combined 90% share of total imports.

What are the leading importers of drawn glass and blown glass from Sri Lanka?

In value terms, Maldives remains the key foreign market for drawn glass and blown glass exports from Sri Lanka, comprising 99% of total exports. The second position in the ranking was occupied by India $113), with a 1.1% share of total exports.

What is the average export price for drawn glass and blown glass in Sri Lanka?

The average export price for drawn glass and blown glass stood at $10 per square meter in 2021, dropping by -7.8% against the previous year.

What is the average import price for drawn glass and blown glass in Sri Lanka?

The average import price for drawn glass and blown glass stood at $1.3 per square meter in 2021, which is down by -10.8% against the previous year.

This report provides an in-depth analysis of the market for drawn glass and blown glass in Sri Lanka. 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 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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