Product intelligence · HS 700312 · 2024 data

Glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer

Global exports of glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer totalled $317,259,994 in 2024, a +25.7% change from the previous year. Traded by 94 countries across 1,098 bilateral corridors, with demand from 171 importing markets. The long-term trend is rapid growth.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$317.3M

+25.7% YoY

3Y / 5Y CAGR

+27.3%

5Y: +23.1%

Supply structure

Moderately concentrated

HHI 0.233

Volatility

Low

Score 19/100

1.

Market movement

In 2024, glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer trade exhibited strong growth, with global flows reaching $317,259,994 and a three-year compound annual growth rate of +27.3% (five-year: +23.1%). The all-time peak of $317,259,994 was recorded in 2024.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+18.1% acceleration).

The World Trade Flows Characterization classifies glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.233). The three largest exporters — South Korea ($125.6M), Japan ($77.9M), and China ($29.7M) — collectively dominate supply flows. The leading exporter has grown at +1040.9% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.450). The three largest import markets are China ($210.0M), United States ($30.0M), and Hong Kong ($11.7M). The largest importing market sources from 23 different supplying countries.

Estimated substitution elasticity: -11.42. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is South Korea → China at $125.3M, representing 59.7% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer is 19 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $317,259,994 in 2024.

YearGlobal trade (USD)YoY growth
2015$142,166,988+8.1%
2016$156,091,876+9.8%
2017$121,554,093-22.1%
2018$112,295,046-7.6%
2019$112,370,635+0.1%
2020$138,622,688+23.4%
2021$153,936,896+11.0%
2022$198,967,672+29.3%
2023$252,296,553+26.8%
2024$317,259,994+25.7%

Top exporting countries

Ranked by export value of glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer in 2024.

View all 94 exporters →

Top importing markets

Largest import destinations for glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer.

View all 171 markets →

Leading trade corridors

Largest bilateral export flows for glass: cast glass and rolled glass, non-wired sheets, coloured through the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1South KoreaChina$125.3M+2912.1%
2JapanChina$68.5M+103.3%
3ColombiaUnited States$22.3M-0.1%
4ChinaHong Kong$11.7M+3656.4%
5FranceChina$8.2M-4.0%
6CzechiaHong Kong$7.3M+547.8%
7MexicoUnited States$4.8M+0.5%
8United StatesChina$4.4M+149.8%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.