U.S.: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in the U.S.

The U.S. market for float glass and surface ground or polished glass contracted to $X in 2022, standing approx. at the previous year. Overall, consumption showed a relatively flat trend pattern. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Float Glass And Surface Ground or Polished Glass in the U.S.

In value terms, production of float glass and surface ground or polished glass stood at $X in 2022. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Production of peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from the U.S.

In 2022, overseas shipments of float glass and surface ground or polished glass increased by X% to X square meters, rising for the second year in a row after three years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of float glass and surface ground or polished glass skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Canada (X square meters) was the main destination for exports of float glass and surface ground or polished glass from the United States, with a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to Canada exceeded the volume sent to the second major destination, Mexico (X square meters), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Malaysia (X% per year).

In value terms, Canada ($X) remains the key foreign market for float glass and surface ground or polished glass exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per square meter), while the average price for exports to Malaysia ($X per square meter) was amongst the lowest.

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

Imports of Float Glass And Surface Ground or Polished Glass

Imports into the U.S.

In 2022, overseas purchases of float glass and surface ground or polished glass increased by X% to X square meters, rising for the second year in a row after four years of decline. Over the period under review, imports saw a measured expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X square meters. From 2017 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of float glass and surface ground or polished glass rose significantly to $X in 2022. Overall, imports continue to indicate a notable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Belgium (X square meters), China (X square meters) and Mexico (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to the United States, with a combined X% share of total imports. Malaysia, Germany, Turkey, the United Arab Emirates and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest float glass and surface ground or polished glass suppliers to the United States were Germany ($X), Belgium ($X) and Mexico ($X), together accounting for X% of total imports. China, Malaysia, Turkey, Japan and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, saw 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 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, dropping by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per square meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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