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Overseas market demand was reduced greatly, volume of price of China glass industry in the export was down

Post Time:Nov 18,2009Classify:Industry NewsView:360

Due to  Europe and the United States market demand was reduced greatly, volume of price of China flat glass industry in the export was down in 2009. The basic reason is excess of low-end products. As a result, the companies were forced to carry out  vicious price competition. The export tax rebate rate was increased, which is helpful to promote industrial integration. At Long-term perspective, it is good for the development of China glass industry in future.

According to recent news from General Administration of Customs, Q1 in 2009, China exported flat glass 4,631 million square meters, down 33%, 140 million U.S. dollars, down 34.5%. The average export price was 3 U.S. dollars per square meter, down 2.3%. In March,  China exported flat glass 1,566 million square meters, down 36.4%. The average export price was 2.9 U.S. dollars per square meter, down 9.2%.

China glass industry faced a worse situation that the sales and price were all down in overseas market. The situation was coursed by the global  finanical crisis and Real Estate weak.
 
The data showed that the three largest export market was ASEAN, EU and India, taking up 26.8% of the total exports of flat glass.
 

Source: GlassInChinaAuthor: shangyi

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