China - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fiber Price in China - 2023
Contents:
- Glass Fiber Price in China (FOB) - 2023
- Glass Fiber Price in China (CIF) - 2023
- Glass Fiber Exports in China
- Glass Fiber Imports in China
Glass Fiber Price in China (FOB) - 2023
In September 2023, the average glass fiber export price amounted to $4,091 per ton, growing by 2.6% against the previous month. Over the period under review, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 11% month-to-month. As a result, the export price reached the peak level of $5,078 per ton. From December 2022 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($5,761 per ton), while the average price for exports to Romania ($2,061 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fiber Price in China (CIF) - 2023
The average glass fiber import price stood at $31,065 per ton in September 2023, with a decrease of -11.5% against the previous month. In general, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in June 2023 an increase of 57% m-o-m. The import price peaked at $44,257 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($144K per ton), while the price for New Zealand ($10,303 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fiber Exports in China
Glass fiber exports from China contracted sharply to 300K tons in 2022, shrinking by -43.3% compared with the previous year's figure. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 11%.
In value terms, glass fiber exports fell sharply to $1B in 2022. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of $1.5B, and then reduced rapidly in the following year.
| Export of Glass Fiber in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 153 | 143 | 160 | 119 | -8.0% |
| India | 103 | 93.7 | 127 | 92.4 | -3.6% |
| South Korea | 87.2 | 105 | 130 | 90.8 | 1.4% |
| Vietnam | 95.5 | 101 | 108 | 62.1 | -13.4% |
| Turkey | 26.2 | 30.2 | 42.8 | 54.0 | 27.3% |
| Italy | 18.5 | 22.1 | 48.6 | 52.3 | 41.4% |
| Thailand | 38.4 | 45.0 | 57.0 | 43.8 | 4.5% |
| Japan | 84.5 | 78.1 | 79.1 | 41.8 | -20.9% |
| Poland | 26.4 | 22.2 | 28.4 | 31.7 | 6.3% |
| Germany | 36.9 | 25.5 | 35.3 | 29.2 | -7.5% |
| Mexico | 23.3 | 17.3 | 36.5 | 26.1 | 3.9% |
| Spain | 43.4 | 28.5 | 22.7 | 20.9 | -21.6% |
| Indonesia | 34.9 | 19.6 | 35.7 | 15.9 | -23.1% |
| Others | 459 | 463 | 589 | 368 | -7.1% |
| Total | 1,230 | 1,194 | 1,500 | 1,048 | -5.2% |
Top Export Markets for Glass Fiber from China in 2022:
- United States (38.6K tons)
- India (34.2K tons)
- South Korea (23.4K tons)
- Vietnam (14.4K tons)
- Turkey (13.8K tons)
- Spain (10.0K tons)
- Japan (9.9K tons)
- Mexico (9.8K tons)
- Thailand (9.7K tons)
- Poland (9.3K tons)
- Italy (8.7K tons)
- Germany (8.4K tons)
- Indonesia (6.4K tons)
Glass Fiber Imports in China
In 2022, purchases abroad of voiles, webs, mats and other articles of glass fibers decreased by -11.6% to 28K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2020 when imports increased by 4.8%. As a result, imports attained the peak of 32K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, glass fiber imports contracted to $583M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 9.4%. As a result, imports attained the peak of $625M, and then dropped in the following year.
| Import of Glass Fiber in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 101 | 117 | 109 | 124 | 7.1% |
| United States | 92.5 | 86.7 | 125 | 115 | 7.5% |
| Taiwan (Chinese) | 105 | 125 | 102 | 84.8 | -6.9% |
| South Korea | 32.5 | 36.0 | 66.5 | 39.2 | 6.4% |
| Sweden | 22.2 | 11.6 | 23.7 | 36.9 | 18.5% |
| Germany | 35.7 | 36.4 | 33.2 | 30.0 | -5.6% |
| Malaysia | 29.2 | 24.8 | 7.9 | 15.4 | -19.2% |
| Italy | 5.1 | 9.6 | 7.8 | 9.8 | 24.3% |
| United Kingdom | 10.5 | 8.6 | 10.6 | 9.1 | -4.7% |
| Belgium | 11.4 | 7.7 | 5.4 | 6.6 | -16.7% |
| Others | 97.3 | 107 | 134 | 113 | 5.1% |
| Total | 543 | 571 | 625 | 583 | 2.4% |
Top Suppliers of Glass Fiber to China in 2022:
- United States (5.9K tons)
- Taiwan (Chinese) (3.4K tons)
- Japan (2.8K tons)
- Germany (2.2K tons)
- Belgium (1.8K tons)
- South Korea (1.8K tons)
- Malaysia (1.5K tons)
- Italy (1.4K tons)
- Sweden (1.4K tons)
- United Kingdom (0.6K tons)
This report provides an in-depth analysis of the glass fiber market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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