Stemware drinking glasses, of lead crystal

In 2024, stemware drinking glasses, of lead crystal trade exhibited significant decline, with global flows reaching $63,637,698 and a three-year compound annual growth rate of -0.5% (five-year: +1.0%). The all-time peak of $217,429,426 was recorded in 2007; the current level is 71% below that high-water mark.

Over the 30-year observation window (1995–2024), 38% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+8.3% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.129). The three largest exporters — France ($20.0M), China ($6.4M), and Germany ($5.8M) — collectively dominate supply flows. The leading exporter has grown at +2.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.046). The three largest import markets are United States ($9.2M), United Kingdom ($4.8M), and Spain ($3.2M). The largest importing market sources from 45 different supplying countries.

Estimated substitution elasticity: -7.65. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is France → United States at $4.2M, representing 45.7% of the importer's total demand.

The volatility score for stemware drinking glasses, of lead crystal is 3 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.