Glass: float glass and surface ground or polished glass, in sheets, wired glass, whether or not having an absorbent or reflecting layer

In 2024, glass: float glass and surface ground or polished glass, in sheets, wired glass, whether or not having an absorbent or reflecting layer trade exhibited strong growth, with global flows reaching $22,915,026 and a three-year compound annual growth rate of -7.9% (five-year: -6.1%). The all-time peak of $77,188,320 was recorded in 1999; the current level is 70% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (-1.4% acceleration).

The World Trade Flows Characterization classifies glass: float glass and surface ground or polished glass, in sheets, wired glass, whether or not having an absorbent or reflecting layer as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.362). The three largest exporters — Japan ($13.9M), China ($2.8M), and Egypt ($2.3M) — collectively dominate supply flows. The leading exporter has grown at -8.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.082). The three largest import markets are United States ($4.6M), Canada ($2.9M), and South Korea ($2.0M). The largest importing market sources from 22 different supplying countries.

Estimated substitution elasticity: -6.51. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Japan → Canada at $2.8M, representing 96.3% of the importer's total demand.

The volatility score for glass: float glass and surface ground or polished glass, in sheets, wired glass, whether or not having an absorbent or reflecting layer is 10 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. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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