In 2023, Spain led the global export market for glass frit and other glass forms, like powder and granules, contributing significantly to the market, despite experiencing a slight decline. China and Germany showed positive growth, strengthening their positions as key exporters. Japan and the United States maintained stable shares, while Switzerland demonstrated strong growth. Contrarily, Italy and several smaller European nations like Macedonia and Croatia experienced marked reductions in export value. Emerging markets such as South Korea and Egypt saw noticeable growth, whereas India and Malaysia faced declines.
Looking forward, keep an eye on the growth in Asia-Pacific, particularly China and South Korea, due to advancements in technology and increasing demand for glass in various applications. Economic recovery and advanced manufacturing initiatives in Europe could positively impact export figures, while geopolitical tensions and trade policy changes could pose risks. Watch out for sustainability trends, as they may shape future demand and production methods in the glass industry.
Top countries in Export of Glass Frit and Other Glass (Powder, Granules, Flakes) Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 32.96 | 2023 | +0.11% | -0.21% | View data |
| 2 | 2 China | 13.35 | 2023 | +4.09% | +3.63% | View data |
| 3 | 3 Japan | 9.27 | 2023 | +1.94% | +0.052% | View data |
| 4 | 4 Germany | 8.66 | 2023 | +3.08% | +2.75% | View data |
| 5 | 5 United States | 8.3 | 2023 | +1.46% | +1.55% | View data |
| 6 | 6 Belgium | 5.31 | 2023 | +0.55% | +0.075% | View data |
| 7 | 7 France | 4.33 | 2023 | +2.03% | +1.16% | View data |
| 8 | 8 South Korea | 3.03 | 2023 | +4.23% | +3.92% | View data |
| 9 | 9 Switzerland | 2.93 | 2023 | +5.98% | +8.14% | View data |
| 10 | 10 United Kingdom | 1.93 | 2023 | +2.59% | +1.43% | View data |
