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The glass shipping market in 2024 faces a series of challenges. The Houthi armed forces' continued attacks on Red Sea cargo ships have affected the normal operation of global shipping routes. These attacks have led to route diversions, resulting in longer shipping times and increased operating costs, causing container shipping companies to be delayed by 1-2 weeks and shipping costs to increase by more than 100%. As a bulk commodity, the global liquidity of glass has been greatly affected.
Due to the sharp increase in costs, the price of glass has risen. The disruption of the original supply chain has also brought new opportunities and challenges. New channels and new products also mean new development opportunities
