Overview of the Global Market for Glass in The Mass

Market Size for Glass in The Mass

The global glass in the mass market totaled $X in 2022, with an increase of 7.7% against the previous year. Overall, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +47.5% against 2020 indices. Global consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Glass in The Mass

In value terms, glass in the mass production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by 38%. Global production peaked in 2022 and is likely to see steady growth in years to come.

Exports of Glass in The Mass

Exports

In 2022, shipments abroad of glass in the mass increased by 3.1% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 6.7%. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, glass in the mass exports stood at $X in 2022. The total export value increased at an average annual rate of +4.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Over the period under review, the global glass in mass exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Belgium (X tons), distantly followed by Switzerland (X tons), France (X tons), the UK (X tons), the Netherlands (X tons), Ireland (X tons) and Germany (X tons) represented the largest exporters of glass in the mass, together mixing up 54% of total exports. Canada (X tons), Romania (X tons), Hungary (X tons), Poland (X tons), Denmark (X tons) and China (X tons) followed a long way behind the leaders.

Exports from Belgium increased at an average annual rate of +5.9% from 2012 to 2022. At the same time, Poland (+55.1%), Romania (+33.1%), Denmark (+32.1%), Hungary (+9.5%), the UK (+7.7%), China (+5.6%), Ireland (+4.7%) and France (+3.7%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +55.1% from 2012-2022. Switzerland experienced a relatively flat trend pattern. By contrast, Germany (-4.8%), Canada (-5.6%) and the Netherlands (-8.3%) illustrated a downward trend over the same period. Belgium (+5.9 p.p.), Romania (+2.8 p.p.), Poland (+2.4 p.p.), the UK (+2.4 p.p.) and Denmark (+2.1 p.p.) significantly strengthened its position in terms of the global exports, while Canada, Germany and the Netherlands saw its share reduced by -3.9%, -4.9% and -9.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Belgium ($X) and the UK ($X) were the countries with the highest levels of exports in 2022, together accounting for 31% of global exports. Germany, France, Canada, the Netherlands, Switzerland, Romania, Ireland, Poland, Hungary and Denmark lagged somewhat behind, together accounting for a further 22%.

Poland, with a CAGR of +41.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average glass in the mass export price amounted to $X per ton, picking up by 4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 22% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the other global leaders experienced more modest paces of growth.

Imports of Glass in The Mass

Imports

For the fifth consecutive year, the global market recorded growth in supplies from abroad of glass in the mass, which increased by 4.9% to X tons in 2022. The total import volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by 15% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, glass in the mass imports reduced to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of $X, and then contracted modestly in the following year.

Imports by Country

In 2022, Germany (X tons) and Portugal (X tons) were the largest importers of glass in the massacross the globe, together accounting for near 27% of total imports. Belgium (X tons) took a 7% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (6.1%), Italy (6%), the Czech Republic (5.5%) and Canada (5.4%). The following importers - Malaysia (X tons), Austria (X tons), the United States (X tons), France (X tons), Spain (X tons) and Croatia (X tons) - together made up 18% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Croatia (with a CAGR of +11.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest glass in the mass importing markets worldwide were the United States ($X), Germany ($X) and Portugal ($X), together accounting for 23% of global imports. Italy, the Netherlands, the Czech Republic, France, Spain, Belgium, Croatia, Malaysia, Canada and Austria lagged somewhat behind, together accounting for a further 23%.

Croatia, with a CAGR of +14.2%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glass in the mass import price amounted to $X per ton, shrinking by -6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 15% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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