Price for Glass; Unworked, in Rods in Vietnam - 2022

Contents:

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

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

The average glass; unworked, in rods import price stood at $31,896 per ton in 2022, surging by 57% against the previous year. Overall, the import price showed a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 136% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Japan ($48,932 per ton), while the price for Taiwan (Chinese) ($905 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Rods in Vietnam (FOB) - 2022

The average glass; unworked, in rods export price stood at $128,269 per ton in 2022, shrinking by -8.2% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 38%. The export price peaked at $139,719 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($329,588 per ton), while the average price for exports to Japan ($83,298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass; Unworked, in Rods in Vietnam

In 2022, glass; unworked, in rods imports into Vietnam contracted markedly to 20 tons, shrinking by -60.4% against 2021. Overall, imports showed a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 77%.

In value terms, glass; unworked, in rods imports contracted markedly to $626K in 2022. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 319% against the previous year. As a result, imports attained the peak of $1M, and then declined markedly in the following year.

Import of Glass; Unworked, in Rods in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan7549.1695567-9.1%
China48.677.010327.5-17.3%
Hong Kong SAR10.316.98.66.4-14.7%
Taiwan (Chinese)0.40.70.50.40.0%
Others42.013820324.2-16.8%
Total8552411,010626-9.9%

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

  1. Japan (11.6 tons)
  2. China (5.6 tons)
  3. Hong Kong SAR (1.3 tons)
  4. Taiwan (Chinese) (0.4 tons)

Exports of Glass; Unworked, in Rods in Vietnam

Glass; unworked, in rods exports from Vietnam contracted to 104 kg in 2022, with a decrease of -14% on 2021. In general, exports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year.

In value terms, glass; unworked, in rods exports shrank significantly to $13K in 2022. Overall, exports showed a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year.

Export of Glass; Unworked, in Rods in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.06.27.85.6-29.5%
Japan6.73.24.94.7-11.1%
IrelandN/AN/AN/A2.80%
Hong Kong SAR15.1N/AN/AN/A0%
ChinaN/A0.44.3N/A975.0%
Others0.6N/AN/A0.2-30.7%
Total38.59.816.913.3-29.8%

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

  1. Japan (57.0 kg)
  2. Ireland (29.0 kg)
  3. United States (17.0 kg)

Source: IndexBox Market Intelligence Platform

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