U.S.: Market for Pressed And Blown Glass And Glassware 2024

Market Size for Pressed And Blown Glass And Glassware in the U.S.

In 2022, the U.S. pressed and blown glass market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a buoyant expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pressed And Blown Glass And Glassware in the U.S.

In value terms, pressed and blown glass production reduced slightly to $X in 2022. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; afterwards, it flattened through to 2022.

Exports of Pressed And Blown Glass And Glassware

Exports from the U.S.

In 2022, the amount of pressed and blown glass and glassware exported from the United States contracted to X tons, reducing by X% against 2021. In general, exports saw a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, pressed and blown glass exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons), Canada (X tons) and China (X tons) were the main destinations of pressed and blown glass exports from the United States, with a combined X% share of total exports. The UK, France, Belgium, Germany, Malaysia, South Korea and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and China ($X) constituted the largest markets for pressed and blown glass exported from the United States worldwide, together accounting for X% of total exports.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pressed and blown glass export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, export price indicated tangible growth from 2013 to 2022: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pressed And Blown Glass And Glassware

Imports into the U.S.

For the third year in a row, the United States recorded growth in supplies from abroad of pressed and blown glass and glassware, which increased by X% to X tons in 2022. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, pressed and blown glass imports surged to $X in 2022. In general, total imports indicated buoyant growth from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest pressed and blown glass supplier to the United States, accounting for a X% share of total imports. Moreover, pressed and blown glass imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of pressed and blown glass and glassware to the United States, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with an X% share of total imports. It was followed by Germany, with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Germany (X% per year).

Import Prices by Country

The average pressed and blown glass import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, showed a noticeable decline. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, 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 Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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