Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia - 2023

Contents:

1. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia (CIF) - 2022
2. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia (FOB) - 2022
3. Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia
4. Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia (CIF) - 2022

The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $1,062 per ton in 2022, increasing by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($1,116 per ton), while the price for China amounted to $589 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia (FOB) - 2022

The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $4,060 per ton in 2022, picking up by 15% against the previous year. In general, the export price showed a temperate expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 265% against the previous year. As a result, the export price reached the peak level of $8,672 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($49,000 per ton), while the average price for exports to New Zealand stood at $3,014 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+2,680.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia

In 2022, purchases abroad of glass; unworked, in balls (other than microspheres of heading no. 7018) decreased by -9.9% to 2.2K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, imports reached the peak of 3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) soared to $2.4M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 26%. As a result, imports reached the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Australia in 2022:

1. Germany (2007.6 tons)
2. China (225.9 tons)

Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Australia

In 2022, approx. 1.9 tons of glass; unworked, in balls (other than microspheres of heading no. 7018) were exported from Australia; dropping by -19.3% against 2021 figures. Over the period under review, exports showed a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) fell to $7.6K in 2022. Overall, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 103% against the previous year.

Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Australia in 2022:

1. New Zealand (1835.0 kg)
2. Germany (32.0 kg)

Source: IndexBox Market Intelligence Platform