Overview of the Global 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

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

After five years of growth, the global 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 decreased by -3.7% to $X in 2022. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global market reached the maximum level at $X in 2021, and then shrank slightly in the following year.

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 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 expanded to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 16%. Over the period under review, global production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the maximum level in 2022 and is expected to retain growth in years to come.

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

In 2022, shipments 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 17% to X square meters, rising for the second consecutive year after four years of decline. Overall, exports showed a relatively flat trend pattern. Over the period under review, the global 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 reached the peak figure at X square meters in 2013; however, from 2014 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. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporting country with an export of about X square meters, which accounted for 34% of total exports. Germany (X square meters) took the second position in the ranking, followed by Taiwan (Chinese) (X square meters). All these countries together took approx. 14% share of total exports. Russia (X square meters), Japan (X square meters), Belgium (X square meters), Poland (X square meters), France (X square meters), Thailand (X square meters), South Korea (X square meters), Bulgaria (X square meters), the United States (X square meters) and Belarus (X square meters) followed a long way behind the leaders.

China was also the fastest-growing in terms of the 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, with a CAGR of +13.1% from 2012 to 2022. At the same time, Russia (+5.2%), Bulgaria (+4.0%), Germany (+3.4%), Belarus (+3.1%), Taiwan (Chinese) (+2.1%) and Poland (+1.2%) displayed positive paces of growth. By contrast, Thailand (-1.2%), France (-3.7%), Belgium (-3.8%), the United States (-4.7%), South Korea (-10.2%) and Japan (-14.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Germany and Russia increased by +24, +2.7 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier worldwide, comprising 31% of global exports. The second position in the ranking was held by Germany ($X), with an 11% share of global exports. It was followed by Japan, with a 5.3% share.

In China, 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 expanded at an average annual rate of +18.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+7.8% per year) and Japan (-8.9% 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, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per square meter), while Russia ($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 Poland (+7.7%), while the other global leaders experienced more modest paces of growth.

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

In 2022, approx. X square meters 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 were imported worldwide; declining by -7.3% against 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13%. As a result, imports reached the peak of X square meters, and then reduced in the following year.

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 expanded significantly to $X in 2022. The total import value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X square meters), distantly followed by the Netherlands (X square meters), South Korea (X square meters), the Czech Republic (X square meters), France (X square meters), Poland (X square meters), Kazakhstan (X square meters), Canada (X square meters), Spain (X square meters), India (X square meters), Turkey (X square meters), Austria (X square meters) and Taiwan (Chinese) (X square meters) represented the largest importers 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, together generating 48% of total imports. The Netherlands (X square meters), South Korea (X square meters), the Czech Republic (X square meters), France (X square meters), Poland (X square meters), Kazakhstan (X square meters), Canada (X square meters), Spain (X square meters), India (X square meters), Turkey (X square meters), Austria (X square meters) and Taiwan (Chinese) (X square meters) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +5.4% from 2012 to 2022. At the same time, India (+22.0%), Spain (+13.0%), Poland (+6.9%), the Czech Republic (+3.7%), Austria (+3.6%), Kazakhstan (+2.3%) and Turkey (+1.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +22.0% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, Canada (-2.4%), France (-4.3%), South Korea (-4.6%) and Taiwan (Chinese) (-14.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, India and Spain increased by +6.3, +2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground worldwide, comprising 16% of global imports. The second position in the ranking was held by South Korea ($X), with a 5.4% share of global imports. It was followed by the Netherlands, with a 3.4% share.

In China, 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 increased at an average annual rate of +3.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+0.8% per year) and the Netherlands (+1.6% per year).

Import Prices by Country

In 2022, 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 amounted to $X per square meter, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 an increase of 17%. Global import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per square meter), while Kazakhstan ($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 South Korea (+5.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform