China’s Glass Industry Report
1 min readChina’s Glass Industry Report
Along with the ascending of industrial profit since 2003，glass industry became more attractive，surging up a new-round of investment from 2003 to 2006.Since the construction cycle of glass production line is around one year，newly-added production capacity would emerge between 2004 and 2006.This expansion of production capacity is mainly in South China and East China；most of production lines in the east China were constructed and start operations in 2004 while the release of production capacity in South China mainly happened in 2005.Guangdong is the province gathered the most newly-added production capacity in South China.
The concentration degree of flat glass production was further improved in 2005. There were only 4 flat glass manufacturers with annual output over 5 million weightcases in 2000 while the number reached 24 in 2005 with output accounting for 52.21% of the total.The annual output of 11 enterprises（groups）including Harun achieved more than ten millions weight cases，accounting for 49.05%of the total.
The national output of flat glass was 365.7 million weight cases in 2005，increasing by 17.12%compared to 2004.The sales revenue of whole industry reached RMB 30.2 billion with a year-on-year increase of 12.64%，but the cost rose by 28.23%，far higher than the income growth.The gross profit achieved RMB 879 million，decreased by 68.22%than 2004.
