Vietnam: Market for Float Glass And Surface Ground or Polished Glass 2025

Market Size for Float Glass And Surface Ground or Polished Glass in Vietnam

In 2022, the Vietnamese market for float glass and surface ground or polished glass was finally on the rise to reach $X after three years of decline. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Float Glass And Surface Ground or Polished Glass in Vietnam

In value terms, production of float glass and surface ground or polished glass shrank to $X in 2022 estimated in export price. Overall, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Production of peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Vietnam

After two years of growth, shipments abroad of float glass and surface ground or polished glass decreased by X% to X square meters in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X square meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of float glass and surface ground or polished glass shrank remarkably to $X in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Vietnam, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Myanmar stood at X%.

In value terms, Myanmar ($X) emerged as the key foreign market for float glass and surface ground or polished glass exports from Vietnam.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar totaled X%.

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, picking up by X% against the previous year. Overall, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to X% per year.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Vietnam

In 2022, imports of float glass and surface ground or polished glass into Vietnam surged to X square meters, with an increase of X% on 2021. Over the period under review, imports, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports of hit record highs at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground or polished glass surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X square meters), China (X square meters) and the United Arab Emirates (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Vietnam, with a combined X% share of total imports. Thailand, Indonesia, South Korea, Taiwan (Chinese), Japan and the United States lagged somewhat behind, together comprising a further X%.

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

In value terms, Malaysia ($X), the United Arab Emirates ($X) and China ($X) were the largest float glass and surface ground or polished glass suppliers to Vietnam, with a combined X% share of total imports. Thailand, South Korea, Indonesia, Taiwan (Chinese), Japan and the United States lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw 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

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per square meter, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per square meter), while the price for the United States ($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 Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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