Jan 26, 2025
Contents:
- Price Forecast for Toughened Safety Glass For Motor Vehicles, Aircraft And Other Vehicles in Hong Kong SAR till 2025
- Price for Toughened Safety Vehicle Glass in Hong Kong SAR (FOB) – 2023
- Price for Toughened Safety Vehicle Glass in Hong Kong SAR (CIF) – 2023
- Exports of Toughened Safety Vehicle Glass in Hong Kong SAR
- Imports of Toughened Safety Vehicle Glass in Hong Kong SAR
Price Forecast for Toughened Safety Glass For Motor Vehicles, Aircraft And Other Vehicles in Hong Kong SAR till 2025
Price for Toughened Safety Vehicle Glass in Hong Kong SAR (FOB) – 2023
The average toughened safety vehicle glass export price stood at $409 per square meter in 2023, which is down by -29.4% against the previous year. Overall, the export price, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 an increase of 140%. Over the period under review, the average export prices attained the maximum at $579 per square meter in 2022, and then plummeted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1.4 thousand per square meter), while the average price for exports to Canada ($75 per square meter) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Toughened Safety Vehicle Glass in Hong Kong SAR (CIF) – 2023
The average toughened safety vehicle glass import price stood at $133 per square meter in 2023, with an increase of 87% against the previous year. Overall, the import price showed a buoyant increase. The pace of growth was the most pronounced in 2022 an increase of 92%. The import price peaked in 2023 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($675 per square meter), while the price for Macao SAR ($26 per square meter) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the UK (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Toughened Safety Vehicle Glass in Hong Kong SAR
In 2023, shipments abroad of toughened safety glass for motor vehicles, aircraft and other vehicles decreased by -10.5% to 30K square meters, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 74%. As a result, the exports attained the peak of 89K square meters. From 2022 to 2023, the growth of the exports failed to regain momentum.
In value terms, toughened safety vehicle glass exports declined sharply to $12M in 2023. In general, exports saw a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 80%. As a result, the exports reached the peak of $23M. From 2022 to 2023, the growth of the exports remained at a lower figure.
Top Export Markets for Toughened Safety Glass for Motor Vehicles, Aircraft and Other Vehicles from Hong Kong SAR in 2023:
- South Korea (14.7K square meters)
- China (13.6K square meters)
- United States (0.7K square meters)
- United Kingdom (0.2K square meters)
Imports of Toughened Safety Vehicle Glass in Hong Kong SAR
In 2023, supplies from abroad of toughened safety glass for motor vehicles, aircraft and other vehicles decreased by -36.7% to 37K square meters, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, imports reached the peak of 76K square meters. From 2022 to 2023, the growth of imports remained at a lower figure.
In value terms, toughened safety vehicle glass imports soared to $4.9M in 2023. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2022 with an increase of 48%. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in the near future.
Top Suppliers of Toughened Safety Glass for Motor Vehicles, Aircraft and Other Vehicles to Hong Kong SAR in 2023:
- China (21.1K square meters)
- Japan (5.8K square meters)
- Macao SAR (2.9K square meters)
- Singapore (2.8K square meters)
- Canada (1.9K square meters)
- United Kingdom (1.2K square meters)
This report provides an in-depth analysis of the market for toughened safety vehicle glass in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121210 – Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
