Price for Glass; Unworked, in Rods in Italy - 2023

Contents:

  1. Price for Glass; Unworked, in Rods in Italy (FOB) - 2023
  2. Price for Glass; Unworked, in Rods in Italy (CIF) - 2022
  3. Exports of Glass; Unworked, in Rods in Italy
  4. Imports of Glass; Unworked, in Rods in Italy

Price for Glass; Unworked, in Rods in Italy (FOB) - 2023

In August 2023, the average glass; unworked, in rods export price amounted to $11,342 per ton, declining by -28% against the previous month. Overall, export price indicated notable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, glass; unworked, in rods export price decreased by -35.8% against June 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 50% against the previous month. Over the period under review, the average export prices attained the peak figure at $17,667 per ton in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Thailand ($27,265 per ton), while the average price for exports to Turkey ($10,466 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Glass; Unworked, in Rods in Italy (CIF) - 2022

In 2022, the average glass; unworked, in rods import price amounted to $2,871 per ton, declining by -20.3% against the previous year. Overall, the import price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 52% against the previous year. Over the period under review, average import prices hit record highs at $4,775 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Germany ($7,377 per ton), while the price for Thailand ($1,196 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+52.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Glass; Unworked, in Rods in Italy

Glass; unworked, in rods exports from Italy soared to 87 tons in 2022, rising by 65% against the year before. Overall, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass; unworked, in rods exports soared to $1.1M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glass; Unworked, in Rods in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.37.9112204262.0%
Turkey66.334.247.816936.6%
Spain16.17.046.312497.5%
United States65.517.364.811219.6%
France68.650.175.310615.6%
Germany10297.389.21020.0%
Romania59.224.728.854.3-2.8%
ArubaN/AN/AN/A32.90%
ThailandN/AN/A45.328.5-37.1%
United Kingdom37.942.712.317.5-22.7%
Czech Republic42.336.927.22.8-59.5%
Others278367138163-16.3%
Total7406856871,11714.7%

Top Export Markets for Glass; Unworked, in Rods from Italy in 2022:

  1. Turkey (15.1 tons)
  2. India (11.2 tons)
  3. United States (10.9 tons)
  4. Spain (9.2 tons)
  5. France (8.9 tons)
  6. Germany (8.5 tons)
  7. Romania (5.6 tons)
  8. Aruba (4.2 tons)
  9. Thailand (1.4 tons)
  10. United Kingdom (1.0 tons)
  11. Czech Republic (0.2 tons)

Imports of Glass; Unworked, in Rods in Italy

In 2022, imports of glass; unworked, in rodses into Italy fell modestly to 89 tons, shrinking by -1.8% compared with 2021. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. As a result, imports attained the peak of 91 tons, and then dropped slightly in the following year.

In value terms, glass; unworked, in rods imports declined notably to $256K in 2022. Over the period under review, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8%. As a result, imports attained the peak of $327K, and then declined remarkably in the following year.

Import of Glass; Unworked, in Rods in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China148208196109-9.7%
Germany80.061.477.296.36.4%
AustriaN/AN/A0.123.123000.0%
ThailandN/AN/AN/A12.40%
Czech Republic19.212.622.9N/A9.2%
Others34.218.430.114.7-24.5%
Total281300327256-3.1%

Top Suppliers of Glass; Unworked, in Rods to Italy in 2022:

  1. China (52.4 tons)
  2. Austria (13.1 tons)
  3. Germany (13.1 tons)
  4. Thailand (10.3 tons)

Source: IndexBox Market Intelligence Platform

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