Glass: float glass and surface ground or polished glass, in sheets, non-wired, coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

In 2024, glass: float glass and surface ground or polished glass, in sheets, non-wired, coloured throughout the mass (body tinted), opacified, flashed or merely surface ground trade exhibited significant decline, with global flows reaching $1,032,595,499 and a three-year compound annual growth rate of -3.9% (five-year: +0.4%). The all-time peak of $1,346,090,942 was recorded in 2008; the current level is 23% 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 (-4.2% acceleration).

The World Trade Flows Characterization classifies glass: float glass and surface ground or polished glass, in sheets, non-wired, coloured throughout the mass (body tinted), opacified, flashed or merely surface ground as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.076). The three largest exporters — China ($150.4M), Indonesia ($125.6M), and Germany ($103.3M) — collectively dominate supply flows. The leading exporter has grown at -16.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.032). The three largest import markets are Poland ($69.6M), India ($69.6M), and South Korea ($57.3M). The largest importing market sources from 18 different supplying countries.

Estimated substitution elasticity: -5.14. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Indonesia → India at $51.4M, representing 73.9% of the importer's total demand.

The volatility score for glass: float glass and surface ground or polished glass, in sheets, non-wired, coloured throughout the mass (body tinted), opacified, flashed or merely surface ground is 9 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, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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