U.S. - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

U.S. - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Glass Fibre Fabrics Price in the United States - 2021

Contents:

  1. Glass Fibre Fabrics Price in the United States (FOB) - 2021
  2. Glass Fibre Fabrics Price in the United States (CIF) - 2022
  3. Glass Fibre Fabrics Exports in the United States
  4. Glass Fibre Fabrics Imports in the United States

Glass Fibre Fabrics Price in the United States (FOB) - 2021

In December 2021, the average glass fibre fabrics export price amounted to $49,112 per ton, increasing by 1.9% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in July 2021 an increase of 12% against the previous month. The export price peaked at $53,385 per ton in August 2021; however, from September 2021 to December 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Japan ($91,371 per ton), while the average price for exports to Spain ($19,032 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

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Glass Fibre Fabrics Price in the United States (CIF) - 2022

In 2022, the average glass fibre fabrics import price amounted to $9,230 per ton, growing by 7% against the previous year. Over the period under review, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2020 an increase of 81% against the previous year. As a result, import price reached the peak level of $10,017 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($21,438 per ton), while the price for China ($3,881 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Fabrics Exports in the United States

In 2022, overseas shipments of glass fibre fabrics were finally on the rise to reach 4.4K tons after two years of decline. Overall, exports, however, continue to indicate a dramatic decrease.

In value terms, glass fibre fabrics exports dropped slightly to $186M in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 10%.

Export of Glass Fibre Fabrics in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico69.550.860.756.6-6.6%
Canada37.730.432.229.6-7.7%
China23.915.417.016.2-12.2%
Italy18.214.010.912.2-12.5%
Japan16.411.79.311.1-12.2%
Germany14.69.112.110.8-9.6%
United Kingdom7.86.67.86.8-4.5%
Costa Rica5.53.14.94.3-7.9%
South Korea3.83.54.94.34.2%
India3.93.33.03.1-7.4%
Australia4.33.32.93.0-11.3%
Spain1.91.51.41.3-11.9%
Others31.024.228.426.7-4.9%
Total238177195186-7.9%

Top Export Markets for Glass Fibre Fabrics from the United States in 2022:

  1. Mexico (1346.2 tons)
  2. Canada (664.9 tons)
  3. Italy (564.3 tons)
  4. China (332.9 tons)
  5. Japan (297.7 tons)
  6. Germany (289.6 tons)
  7. United Kingdom (130.6 tons)
  8. Australia (102.7 tons)
  9. Spain (88.6 tons)
  10. Costa Rica (78.1 tons)
  11. South Korea (76.9 tons)
  12. India (67.7 tons)

Glass Fibre Fabrics Imports in the United States

In 2022, the amount of glass fibre fabrics imported into the United States dropped to 15K tons, waning by -11.6% on 2021. Overall, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year.

In value terms, glass fibre fabrics imports reduced to $134M in 2022. Over the period under review, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 12%.

Import of Glass Fibre Fabrics in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico47.045.647.546.4-0.4%
China29.417.528.625.0-5.3%
Germany11.710.39.99.3-7.4%
South Korea8.47.09.48.50.4%
Taiwan (Chinese)6.78.78.27.64.3%
Canada8.37.28.17.2-4.6%
Latvia6.34.85.95.5-4.4%
United Kingdom3.93.44.33.7-1.7%
Italy3.63.13.12.9-7.0%
India1.61.51.11.1-11.7%
Others19.717.415.616.7-5.4%
Total146126142134-2.8%

Top Suppliers of Glass Fibre Fabrics to the United States in 2022:

  1. China (6.4K tons)
  2. Mexico (2.9K tons)
  3. Taiwan (Chinese) (1.1K tons)
  4. South Korea (0.9K tons)
  5. Germany (0.5K tons)
  6. Canada (0.4K tons)
  7. Italy (0.3K tons)
  8. India (0.3K tons)
  9. United Kingdom (0.3K tons)
  10. Latvia (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fibre fabrics market in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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