Saudi Arabia - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Fabrics Price in Saudi Arabia - 2021
Contents:
- Glass Fibre Fabrics Price in Saudi Arabia (CIF) - 2022
- Glass Fibre Fabrics Price in Saudi Arabia (FOB) - 2022
- Glass Fibre Fabrics Imports in Saudi Arabia
- Glass Fibre Fabrics Exports in Saudi Arabia
Glass Fibre Fabrics Price in Saudi Arabia (CIF) - 2022
The average glass fibre fabrics import price stood at $2,044 per ton in 2022, which is down by -8.6% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre fabrics import price increased by +10.5% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 67%. The import price peaked at $2,703 per ton in 2014; however, from 2015 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 Germany ($6,214 per ton), while the price for China stood at $1,602 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%).
Glass Fibre Fabrics Price in Saudi Arabia (FOB) - 2022
The average glass fibre fabrics export price stood at $2,137 per ton in 2022, with an increase of 14% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre fabrics export price decreased by -15.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 100% against the previous year. As a result, the export price reached the peak level of $3,584 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($3,346 per ton), while the average price for exports to India ($936 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 Spain (+62.3%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Fabrics Imports in Saudi Arabia
In 2022, approx. 5.5K tons of glass fibre fabrics were imported into Saudi Arabia; flattening at the previous year. Overall, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 1%.
In value terms, glass fibre fabrics imports contracted to $11M in 2022. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year.
| Import of Glass Fibre Fabrics in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.3 | 6.5 | 8.0 | 7.6 | -2.9% |
| Germany | 2.6 | 1.4 | 1.9 | 1.7 | -13.2% |
| Others | 3.9 | 2.2 | 2.4 | 1.8 | -22.7% |
| Total | 14.8 | 10.0 | 12.3 | 11.1 | -9.1% |
Top Suppliers of Glass Fibre Fabrics to Saudi Arabia in 2022:
- China (4.7K tons)
- Germany (0.3K tons)
Glass Fibre Fabrics Exports in Saudi Arabia
In 2022, approx. 517 tons of glass fibre fabrics were exported from Saudi Arabia; shrinking by -15.6% against the previous year's figure. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 612 tons, and then reduced remarkably in the following year.
In value terms, glass fibre fabrics exports contracted slightly to $1.1M in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 22%.
| Export of Glass Fibre Fabrics in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | 118 | 481 | 307.6% |
| United Arab Emirates | 159 | 254 | 180 | 328 | 27.3% |
| India | 15.2 | 20.1 | 76.4 | 135 | 107.1% |
| Oman | 28.5 | 32.2 | 30.8 | 54.3 | 24.0% |
| Spain | N/A | 51.3 | 247 | N/A | 381.5% |
| Others | 667 | 707 | 494 | 107 | -45.7% |
| Total | 869 | 1,064 | 1,146 | 1,105 | 8.3% |
Top Export Markets for Glass Fibre Fabrics from Saudi Arabia in 2022:
- United Arab Emirates (178.4 tons)
- India (144.1 tons)
- Egypt (143.6 tons)
- Oman (30.2 tons)
This report provides an in-depth analysis of the glass fibre fabrics market in Saudi Arabia. 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 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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