The global export market for glass frit and other glass formats is led by Spain, followed by China and Japan. In 2023, Spain's exports slightly dropped by 0.21%, contrasting with China's growth of 3.63% and South Korea's 3.92% increase. Switzerland and Canada showed notable growth at 8.14% and 7.65%, respectively. Conversely, countries like Italy, India, and Malaysia faced significant declines, with Italy dropping by 12.19%. Exports from Austria, Singapore, and Lithuania recorded modest growth. The market's dynamics illustrate varying country performances due to shifts in production capacities and demand internationally.
Future trends to watch include potential shifts in export leadership as emerging markets increase production capabilities. Enhanced glass recycling, technological advancements in glass production, and shifts in global trade policies could impact export volumes. Monitoring these trends is critical for anticipating changes in the competitive landscape of the global glass industry.
Top countries in Export of Glass Frit and Other Glass (Powder, Granules, Flakes) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 385,960,000 | 2023 | +0.11% | -0.21% | View data |
| 2 | 2 China | 156,270,000 | 2023 | +4.09% | +3.63% | View data |
| 3 | 3 Japan | 108,550,000 | 2023 | +1.94% | +0.052% | View data |
| 4 | 4 Germany | 101,380,000 | 2023 | +3.08% | +2.75% | View data |
| 5 | 5 United States | 97,151,000 | 2023 | +1.46% | +1.55% | View data |
| 6 | 6 Belgium | 62,132,000 | 2023 | +0.55% | +0.075% | View data |
| 7 | 7 France | 50,661,000 | 2023 | +2.03% | +1.16% | View data |
| 8 | 8 South Korea | 35,444,000 | 2023 | +4.23% | +3.92% | View data |
| 9 | 9 Switzerland | 34,259,000 | 2023 | +5.98% | +8.14% | View data |
| 10 | 10 United Kingdom | 22,558,000 | 2023 | +2.59% | +1.43% | View data |