U.S.: 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 the U.S.

The U.S. 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 fell slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level 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 the U.S.

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 dropped slightly to $X in 2022. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 17%. Production of peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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 from the U.S.

In 2022, 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 from the United States shrank to X square meters, approximately reflecting 2021 figures. Over the period under review, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs 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 soared to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 57% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Canada (X square meters) was the main destination for 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 from the United States, accounting for a 74% share of total exports. Moreover, 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 to Canada exceeded the volume sent to the second major destination, Mexico (X square meters), fivefold. Japan (X square meters) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+0.2% per year) and Japan (+43.0% per year).

In value terms, Canada ($X) remains the key foreign market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exports from the United States, comprising 75% of total exports. The second position in the ranking was taken by Mexico ($X), with a 16% share of total exports. It was followed by Japan, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.1% per year) and Japan (+37.0% per year).

Export Prices by Country

The average 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 stood at $X per square meter in 2022, rising by 25% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +39.1% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by 32%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Canada ($X per square meter) and Costa Rica ($X per square meter), while the average price for exports to Japan ($X per square meter) and Mexico ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

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 into the U.S.

After five years of decline, purchases abroad 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 increased by 18% to X square meters in 2022. In general, imports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 89%. As a result, imports attained the peak of X square meters. From 2017 to 2022, the growth of imports of failed to regain momentum.

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 skyrocketed to $X in 2022. Over the period under review, imports enjoyed pronounced growth. The growth pace was the most rapid in 2016 when imports increased by 55% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Belgium (X square meters) constituted 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 to the United States, accounting for a 36% share of total imports. Moreover, 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 from Belgium exceeded the figures recorded by the second-largest supplier, Mexico (X square meters), threefold. The third position in this ranking was held by China (X square meters), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-9.9% per year) and China (+5.1% per year).

In value terms, Germany ($X), Belgium ($X) and Mexico ($X) were 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 suppliers to the United States, together accounting for 67% of total imports. China, Turkey, Malaysia, Egypt, the United Arab Emirates and Japan lagged somewhat behind, together accounting for a further 25%.

Malaysia, with a CAGR of +84.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import 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 stood at $X per square meter in 2022, with an increase of 2.6% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import 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 +58.9% against 2016 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for the United Arab Emirates ($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 Egypt (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform