China - Glass Fibre Filaments, Slivers, Rovings, Yarn and Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Filament, Roving, and Staple Glass Fibre Article Prices in China
China Glass Fibre Filament, Roving, and Staple Glass Fibre Article Export Price in September 2022
In September 2022, the glass fibre filament, roving, and staple glass fibre article price amounted to $1,114 per ton (FOB, China), shrinking by -3.8% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 when the average export price increased by 3.2% m-o-m. The export price peaked at $1,226 per ton in July 2022; however, from August 2022 to September 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($2,027 per ton), while the average price for exports to Saudi Arabia ($829 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
China Glass Fibre Filament, Roving, and Staple Glass Fibre Article Export Prices by Type
As there is only one major exported type of glass fibre filament, roving, and staple glass fibre article, the average price level is determined by prices for glass fibre chopped strands.
From January 2022 to September 2022, the rate of growth in terms of prices for glass fibres; (including glass wool), slivers, yarns and threads amounted to +0.4% per month.
China Glass Fibre Filament, Roving, and Staple Glass Fibre Article Exports
For the fourth month in a row, China recorded decline in shipments abroad of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles, which decreased by -16.8% to 59K tons in September 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in March 2022 when exports increased by 36% month-to-month. As a result, the exports attained the peak of 137K tons. From April 2022 to September 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles reduced notably to $65M (IndexBox estimates) in September 2022. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in March 2022 with an increase of 37% month-to-month. As a result, the exports reached the peak of $161M. From April 2022 to September 2022, the growth of the exports of remained at a lower figure.
China Glass Fibre Filament, Roving, and Staple Glass Fibre Article Exports by Type
Glass fibre chopped strands (14K tons) was the largest type of glass fibre filament, roving, and staple glass fibre article exported from China, accounting for a approximately 100% share of total exports.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of glass fibre chopped strands totaled -8.3%.
In value terms, glass fibre chopped strands ($16M) emerged as the largest type of glass fibre filament, roving, and staple glass fibre article exported from China.
From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of glass fibre chopped strands amounted to -8.4%.
China Glass Fibre Filament, Roving, and Staple Glass Fibre Article Exports by Country
India (8.5K tons), the United States (7.1K tons) and South Korea (7K tons) were the main destinations of exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from China, together comprising 39% of total exports. Japan, Saudi Arabia, Mexico, Brazil, Canada, Thailand, Australia, Malaysia, Iran and the United Arab Emirates lagged somewhat behind, together comprising a further 37%.
From January 2022 to September 2022, the biggest increases were in Iran (with a CAGR of +5.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($8.9M), India ($7.3M) and South Korea ($6.9M) were the largest markets for glass fibre filament, roving, and staple glass fibre article exported from China worldwide, together accounting for 36% of total exports. These countries were followed by Japan, Saudi Arabia, Malaysia, Mexico, Brazil, Canada, Thailand, Australia, the United Arab Emirates and Iran, which together accounted for a further 36%.
Iran, with a CAGR of +2.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
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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