Glassware of a kind used for table or kitchen purposes (not drinking glasses), 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

In 2024, glassware of a kind used for table or kitchen purposes (not drinking glasses), 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 strong growth, with global flows reaching $626,708,867 and a three-year compound annual growth rate of +5.4% (five-year: +8.7%). The all-time peak of $626,708,867 was recorded in 2024.

Over the 30-year observation window (1995–2024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+0.8% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.325). The three largest exporters — China ($343.6M), Czechia ($66.0M), and France ($63.1M) — 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 0.040). The three largest import markets are United States ($66.0M), Germany ($55.8M), and Kazakhstan ($47.0M). The largest importing market sources from 43 different supplying countries.

Estimated substitution elasticity: -2.16. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is China → United States at $54.4M, representing 82.5% of the importer's total demand.

The volatility score for glassware of a kind used for table or kitchen purposes (not drinking glasses), 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 is 6 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.