Research and Markets has announced the addition of Supplier Relations US, LLC's new report "Other Pressed and Blown Glass and Glassware Manufacturing Industry in the U.S. and its International Trade [2010 Year-End Edition]" to their offering.
The Other Pressed and Blown Glass and Glassware Manufacturing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data through September 2010. This year-end update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output.
In 2009, the value of imported products within this industry into the U.S. has been relatively high, at approximately 50% of U.S. production. Because of this reliance on imports, the report covers the foreign trade statistics including the top 25 countries the U.S. imports from and their respective import values. This industry exhibits a high amount of trade activity, because in 2009, the value of exported products within this industry into the U.S. has also been relatively high, at approximately 40% of U.S. production. This reliance on exports is also covered in the report's foreign trade statistics.
This 172-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This report provides the most current data available, such as shipments, inventory and trade data through September 2010, and sophisticated forecasts up to 2014 accounting for the affects of the recent economic recession. Industry analysts consider this report the most comprehensive and consistently updated guide to the industry.
Definition & Classification
This U.S. industry comprises establishments primarily engaged in manufacturing glass by melting silica sand or cullet and making pressed, blown, or shaped glass or glassware (except glass packaging containers). This 6-digit NAICS industry (327212) is under the hierarchy of Glass and Glass Product Manufacturing Industry (32721), Nonmetallic Mineral Product Manufacturing Subsector (327), and the Manufacturing Sector (31-33). Its SIC equivalent code is: 3229 - Pressed and Blown Glass and Glassware, NEC.
Revenue, Profitability & Foreign Trade Preview
The industry's revenue for the year 2009 was approximately $3.5 billion USD, with an estimated gross profit of 34.74%. Import was valued at $1.7 billion USD from 93 countries. The industry also exported $1.2 billion USD worth of merchandise to 160 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2009 was $4.0 billion USD.