Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India - 2023

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India (CIF) - 2023
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India (FOB) - 2022
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India (CIF) - 2023

In November 2023, the average import price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $29,323 per ton, increasing by 67% against the previous month. Overall, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in January 2023 an increase of 198% m-o-m. The import price peaked at $45,489 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($297K per ton), while the price for China ($13,881 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India (FOB) - 2022

In 2022, the average export price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $5,736 per ton, with a decrease of -41.7% against the previous year. Over the period under review, the export price, however, showed a notable expansion. The pace of growth appeared the most rapid in 2013 an increase of 179% against the previous year. As a result, the export price reached the peak level of $12,996 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($36,643 per ton), while the average price for exports to Bangladesh ($916 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 Taiwan (Chinese) (+56.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India

In 2022, supplies from abroad of glass; unworked, in tubes, of fused quartz or other fused silica decreased by -36.9% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 94% against the previous year.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica fell sharply to $25M in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 124%. As a result, imports attained the peak of $30M, and then contracted markedly in the following year.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to India in 2022:

1. China (776.3 tons)
2. Germany (334.8 tons)
3. Netherlands (90.4 tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in India

For the third year in a row, India recorded decline in shipments abroad of glass; unworked, in tubes, of fused quartz or other fused silica, which decreased by -25.9% to 8.4 tons in 2022. Overall, exports saw a dramatic downturn.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica fell remarkably to $48K in 2022. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 76%.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from India in 2022:

1. Bangladesh (6.5 tons)
2. Germany (0.6 tons)
3. United States (0.2 tons)
4. Nepal (0.2 tons)
5. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform