Market movement
In 2024, glass: unworked, tubes, of glass having a linear coefficient of expansion not exceeding 5 x 10 (to the minus 6), (or 0.000005) per kelvin within a temperature range of 0-300 degrees c trade exhibited modest growth, with global flows reaching $153,321,685 and a three-year compound annual growth rate of -8.7% (five-year: -0.1%). The all-time peak of $201,649,399 was recorded in 2021; the current level is 24% below that high-water mark.
Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-9.7% acceleration).
The World Trade Flows Characterization classifies glass: unworked, tubes, of glass having a linear coefficient of expansion not exceeding 5 x 10 (to the minus 6), (or 0.000005) per kelvin within a temperature range of 0-300 degrees c as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
