Macedonia: Safety Glass Market 2020

Safety Glass Market Size in Macedonia

The revenue of the safety glass market in Macedonia amounted to $X in 2018, surging by X% 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). Over the period under review, safety glass consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Macedonia safety glass consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Safety Glass Exports

Exports from Macedonia

In 2018, the safety glass exports from Macedonia stood at X square meters, declining by -X% against the previous year. Over the period under review, safety glass exports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, safety glass exports attained their maximum at X square meters in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, safety glass exports stood at $X in 2018. Over the period under review, safety glass exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Macedonia exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

China was the main exporter of safety glass exported in the world, with the volume of exports reaching X square meters, which was near X% of total exports in 2018. It was distantly followed by Germany (X square meters), Poland (X square meters) and Italy (X square meters), together creating a X% share of total exports. Belgium (X square meters), France (X square meters), the Czech Republic (X square meters), the U.S. (X square meters), Luxembourg (X square meters), Turkey (X square meters), Spain (X square meters) and Hungary (X square meters) held a relatively small share of total exports.

China was also the fastest-growing in terms of the safety glass exports, with a CAGR of +X% from 2007 to 2018. At the same time, Hungary (+X%), Poland (+X%), Turkey (+X%), Germany (+X%) and the Czech Republic (+X%) displayed positive paces of growth. France, Italy, Luxembourg and Spain experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Poland and Germany increased by +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) and Belgium (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest safety glass supplier from Macedonia, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Poland, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and Poland (+X% per year).

Export Prices by Country

In 2018, the safety glass export price in Macedonia amounted to $X per square meter, surging by X% against the previous year. Overall, the safety glass export price, however, continues to indicate a significant decrease. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. Macedonia export price peaked at $X per square meter in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per square meter), while China ($X per square meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Safety Glass Imports

Imports into Macedonia

In 2018, the imports of safety glass into Macedonia totaled X square meters, picking up by X% against the previous year. Over the period under review, safety glass imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, safety glass imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, safety glass imports amounted to $X in 2018. Over the period under review, the total imports indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, safety glass imports increased by +X% against 2007 indices. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. Over the period under review, safety glass imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Germany (X square meters), the U.S. (X square meters), France (X square meters), South Korea (X square meters), Belgium (X square meters), the UK (X square meters), Mexico (X square meters), the Netherlands (X square meters), Poland (X square meters), Australia (X square meters), Italy (X square meters) and Japan (X square meters) were the main importers of safety glass imported in the world, making up X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass importing markets into Macedonia were Germany ($X), the U.S. ($X) and France ($X), together accounting for X% of total imports. The UK, Belgium, South Korea, Italy, Mexico, the Netherlands, Poland, Japan, Australia and Macedonia lagged somewhat behind, together comprising a further X terms of the main importing countries, South Korea experienced the highest rates of growth with regard to market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The safety glass import price in Macedonia stood at $X per square meter in 2018, jumping by X% against the previous year. Over the period under review, the safety glass import price, however, continues to indicate a significant drop. The pace of growth appeared the most rapid in 2013 when the import price increased by X% year-to-year. Macedonia import price peaked at $X per square meter in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per square meter), while Australia ($X per square meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform