Overview of the Global Market for Multiple-Walled Insulating Units Of Glass

Market Size for Multiple-Walled Insulating Units Of Glass

The global multiple-walled insulating glass unit market totaled $X in 2021, surging by 2.5% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the global market failed to regain momentum.

Production of Multiple-Walled Insulating Units Of Glass

In value terms, multiple-walled insulating glass unit production totaled $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 11% against the previous year. Over the period under review, global production hit record highs in 2021 and is expected to retain growth in the near future.

Exports of Multiple-Walled Insulating Units Of Glass

Exports

In 2021, global exports of multiple-walled insulating units of glass rose sharply to X square meters, picking up by 12% compared with 2020 figures. Overall, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +72.3% against 2012 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 13%. Over the period under review, the global exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, multiple-walled insulating glass unit exports soared to $X in 2021. In general, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +45.0% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X square meters), Poland (X square meters) and China (X square meters) represented roughly 49% of total exports in 2021. It was distantly followed by the United States (X square meters), Turkey (X square meters) and Mexico (X square meters), together committing a 19% share of total exports. Spain (X square meters), Croatia (X square meters), France (X square meters), Austria (X square meters), Lithuania (X square meters), Belgium (X square meters) and the Czech Republic (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +60.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest multiple-walled insulating glass unit supplying countries worldwide were Germany ($X), Poland ($X) and China ($X), together comprising 45% of global exports. The United States, Mexico, Turkey, Spain, Austria, France, Belgium, Lithuania, Croatia and the Czech Republic lagged somewhat behind, together comprising a further 36%.

Croatia, with a CAGR of +42.3%, recorded the highest rates of growth with regard to 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 2021, the average multiple-walled insulating glass unit export price amounted to $X per square meter, surging by 4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 8.2% against the previous year. The global export price peaked at $X per square meter in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per square meter), while Croatia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+3.9%), while the other global leaders experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports

In 2021, approx. X square meters of multiple-walled insulating units of glass were imported worldwide; surging by 13% on the previous year's figure. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.8% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 14% against the previous year. Over the period under review, global imports reached the peak figure at X square meters in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, multiple-walled insulating glass unit imports surged to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X square meters) and the Netherlands (X square meters) represented the major importers of multiple-walled insulating units of glassacross the globe, together mixing up 20% of total imports. It was followed by Denmark (X square meters), Sweden (X square meters), Norway (X square meters), Poland (X square meters) and the United States (X square meters), together creating a 26% share of total imports. Switzerland (X square meters), Italy (X square meters), Austria (X square meters), Germany (X square meters), Israel (X square meters) and Slovakia (X square meters) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Israel (with a CAGR of +41.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 35% of global imports. Switzerland, Italy, Norway, Denmark, Sweden, Poland, Austria, Germany, Israel and Slovakia lagged somewhat behind, together comprising a further 35%.

In terms of the main importing countries, Israel, with a CAGR of +38.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average multiple-walled insulating glass unit import price amounted to $X per square meter, picking up by 2.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 17%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per square meter), while Poland ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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