India - 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 India - 2023
Contents:
- Glass Fiber Price in India (CIF) - 2022
- Glass Fiber Price in India (FOB) - 2023
- Glass Fiber Imports in India
- Glass Fiber Exports in India
Glass Fiber Price in India (CIF) - 2022
The average glass fiber import price stood at $2,452 per ton in 2022, stabilizing at the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 8.5% against the previous year. The import price peaked at $2,792 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,424 per ton), while the price for the United Arab Emirates ($1,359 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fiber Price in India (FOB) - 2023
The average glass fiber export price stood at $4,761 per ton in July 2023, reducing by -18.2% against the previous month. Over the period under review, the export price continues to indicate a noticeable downturn. The growth pace was the most rapid in March 2023 an increase of 10% month-to-month. The export price peaked at $8,235 per ton in September 2022; however, from October 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($13,950 per ton), while the average price for exports to Italy ($1,206 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fiber Imports in India
In 2022, approx. 74K tons of voiles, webs, mats and other articles of glass fibers were imported into India; with an increase of 23% on the previous year's figure. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fiber imports surged to $182M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glass Fiber in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 78.2 | 62.0 | 78.4 | 108 | 11.4% |
| United States | 13.9 | 13.7 | 13.0 | 13.6 | -0.7% |
| Spain | 1.3 | 5.6 | 9.5 | 7.3 | 77.7% |
| Thailand | 7.9 | 4.7 | 2.2 | 4.1 | -19.6% |
| Taiwan (Chinese) | 2.0 | 1.1 | 2.3 | 3.0 | 14.5% |
| United Arab Emirates | 8.3 | 1.7 | 1.4 | 1.7 | -41.1% |
| Others | 34.5 | 32.6 | 41.7 | 44.2 | 8.6% |
| Total | 146 | 121 | 148 | 182 | 7.6% |
Top Suppliers of Glass Fiber to India in 2022:
- China (56.8K tons)
- Thailand (2.2K tons)
- Taiwan (Chinese) (1.7K tons)
- United Arab Emirates (1.3K tons)
- Spain (1.3K tons)
- United States (1.2K tons)
Glass Fiber Exports in India
In 2022, after three years of growth, there was significant decline in shipments abroad of voiles, webs, mats and other articles of glass fibers, when their volume decreased by -13.8% to 31K tons. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year.
In value terms, glass fiber exports shrank to $111M in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 55%.
| Export of Glass Fiber in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 23.7 | 51.8 | 40.8 | 44.2% |
| United Arab Emirates | 5.3 | 14.0 | 7.4 | 7.4 | 11.8% |
| Germany | 3.0 | 2.8 | 3.5 | 3.8 | 8.2% |
| United Kingdom | 1.3 | 2.2 | 3.2 | 3.0 | 32.1% |
| Spain | 1.2 | 1.5 | 2.6 | 2.7 | 31.0% |
| Saudi Arabia | 1.7 | 2.0 | 1.4 | 2.2 | 9.0% |
| Lithuania | 0.1 | 0.5 | 2.3 | 2.2 | 180.2% |
| Belgium | 2.9 | 0.8 | 0.6 | 2.1 | -10.2% |
| Netherlands | N/A | 0.1 | 0.3 | 1.7 | 312.3% |
| Brazil | 0.9 | 1.6 | 1.8 | 1.3 | 13.0% |
| Poland | 0.2 | 0.8 | 1.5 | 1.2 | 81.7% |
| Italy | 0.5 | 0.5 | 0.8 | 1.1 | 30.1% |
| Denmark | N/A | 0.1 | 0.1 | 0.9 | 200.0% |
| Others | 24.4 | 34.6 | 46.7 | 40.9 | 18.8% |
| Total | 55.1 | 85.3 | 124 | 111 | 26.3% |
Top Export Markets for Glass Fiber from India in 2022:
- United States (9.0K tons)
- Germany (1.5K tons)
- Belgium (1.4K tons)
- United Arab Emirates (1.3K tons)
- Lithuania (1.2K tons)
- United Kingdom (1.2K tons)
- Poland (0.7K tons)
- Spain (0.7K tons)
- Netherlands (0.6K tons)
- Denmark (0.6K tons)
- Saudi Arabia (0.5K tons)
- Brazil (0.4K tons)
- Italy (0.4K tons)
This report provides an in-depth analysis of the glass fiber market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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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