Sri Lanka - 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 Sri Lanka - 2021
Contents:
- Glass Fiber Price in Sri Lanka (CIF) - 2022
- Glass Fiber Price in Sri Lanka (FOB) - 2022
- Glass Fiber Imports in Sri Lanka
- Glass Fiber Exports in Sri Lanka
Glass Fiber Price in Sri Lanka (CIF) - 2022
In 2022, the average glass fiber import price amounted to $4,010 per ton, growing by 65% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fiber import price increased by +94.6% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($13,610 per ton), while the price for Taiwan (Chinese) ($2,235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fiber Price in Sri Lanka (FOB) - 2022
The average glass fiber export price stood at $16,834 per ton in 2022, picking up by 32% against the previous year. Over the period under review, the export price posted a temperate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 168%. Over the period under review, the average export prices reached the peak figure at $21,828 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($75,589 per ton), while the average price for exports to Canada ($2,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+122.8%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fiber Imports in Sri Lanka
In 2022, the amount of voiles, webs, mats and other articles of glass fibers imported into Sri Lanka contracted rapidly to 1.5K tons, shrinking by -46.2% compared with 2021. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 127%. As a result, imports reached the peak of 2.8K tons, and then fell rapidly in the following year.
In value terms, glass fiber imports dropped to $6.1M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 120%. As a result, imports reached the peak of $6.8M, and then fell in the following year.
| Import of Glass Fiber in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,703 | 1,199 | 2,681 | 2,145 | -7.4% |
| Taiwan (Chinese) | 893 | 525 | 1,085 | 563 | -14.3% |
| India | 339 | 187 | 559 | 493 | 13.3% |
| Spain | 269 | 191 | 520 | 395 | 13.7% |
| United Arab Emirates | 107 | 30.8 | 136 | 238 | 30.5% |
| Hong Kong SAR | 9.8 | 16.3 | 27.6 | 137 | 140.9% |
| Saudi Arabia | 12.3 | 38.3 | 26.8 | 124 | 116.0% |
| Turkey | 130 | 17.3 | 45.3 | N/A | -41.0% |
| Others | 1,624 | 893 | 1,728 | 1,962 | 6.5% |
| Total | 6,088 | 3,098 | 6,808 | 6,056 | -0.2% |
Top Suppliers of Glass Fiber to Sri Lanka in 2022:
- China (865.3 tons)
- Taiwan (Chinese) (251.7 tons)
- India (116.7 tons)
- United Arab Emirates (78.3 tons)
- Hong Kong SAR (44.2 tons)
- Saudi Arabia (40.8 tons)
- Spain (29.0 tons)
Glass Fiber Exports in Sri Lanka
In 2022, approx. 226 tons of voiles, webs, mats and other articles of glass fibers were exported from Sri Lanka; dropping by -43.4% on the year before. Over the period under review, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 233%. As a result, the exports reached the peak of 400 tons, and then plummeted in the following year.
In value terms, glass fiber exports contracted dramatically to $3.8M in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 280% against the previous year. As a result, the exports reached the peak of $5.1M, and then reduced remarkably in the following year.
| Export of Glass Fiber in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.9 | 735 | 3,336 | 1,298 | 593.0% |
| Hong Kong SAR | 0.2 | N/A | N/A | 1,003 | 1611.7% |
| United States | 774 | 491 | 1,331 | 706 | -3.0% |
| Norway | 314 | 54.2 | 182 | 222 | -10.9% |
| China | N/A | N/A | 9.8 | 183 | 1767.3% |
| Canada | 5.7 | 3.4 | 4.1 | 128 | 182.1% |
| Maldives | 287 | 37.7 | 203 | 78.3 | -35.1% |
| Others | 38.6 | 14.8 | 18.7 | 191 | 70.4% |
| Total | 1,424 | 1,337 | 5,084 | 3,810 | 38.8% |
Top Export Markets for Glass Fiber from Sri Lanka in 2022:
- Canada (60.6 tons)
- United States (55.7 tons)
- Maldives (33.5 tons)
- Norway (21.8 tons)
- United Arab Emirates (20.6 tons)
- Hong Kong SAR (13.3 tons)
- China (13.2 tons)
This report provides an in-depth analysis of the glass fiber market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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783
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