Italy - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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Glass Fibre Filament Price in Italy - 2023

Contents:

  1. Glass Fibre Filament Price in Italy (CIF) - 2023
  2. Glass Fibre Filament Price in Italy (FOB) - 2023
  3. Glass Fibre Filament Imports in Italy
  4. Glass Fibre Filament Exports in Italy

Glass Fibre Filament Price in Italy (CIF) - 2023

In July 2023, the average glass fibre filament import price amounted to $1,337 per ton, falling by -7.9% against the previous month. Over the period under review, the import price saw a slight descent. The pace of growth appeared the most rapid in November 2022 an increase of 11% m-o-m. As a result, import price attained the peak level of $1,677 per ton. From December 2022 to July 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,772 per ton), while the price for Thailand ($637 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Filament Price in Italy (FOB) - 2023

The average glass fibre filament export price stood at $1,796 per ton in July 2023, which is down by -1.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 6.4% against the previous month. As a result, the export price attained the peak level of $1,905 per ton. From April 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In July 2023, the countries with the highest prices were Germany ($1,844 per ton) and Belgium ($1,731 per ton), while the average price for exports to Romania ($1,486 per ton) and Spain ($1,568 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Filament Imports in Italy

In 2022, imports of glass fibre filaments into Italy soared to 62K tons, growing by 37% against 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre filament imports soared to $102M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Glass Fibre Filament in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium14.011.923.435.236.0%
Slovakia7.17.99.317.033.8%
France2.73.34.914.073.1%
China4.73.46.59.626.9%
Egypt5.53.04.49.218.7%
Bahrain2.11.73.83.619.7%
Germany1.02.91.83.348.9%
United Kingdom7.24.70.31.8-37.0%
Others4.75.37.48.119.9%
Total49.043.961.710227.7%

Top Suppliers of Glass Fibre Filament to Italy in 2022:

  1. Belgium (21.1K tons)
  2. Slovakia (9.3K tons)
  3. France (8.9K tons)
  4. Egypt (6.4K tons)
  5. China (6.0K tons)
  6. Bahrain (2.6K tons)
  7. Germany (1.7K tons)
  8. United Kingdom (1.2K tons)

Glass Fibre Filament Exports in Italy

In 2022, the amount of glass fibre filaments exported from Italy contracted significantly to 27K tons, which is down by -23.5% compared with the year before. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2.1%.

In value terms, glass fibre filament exports shrank to $48M in 2022. In general, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 1.1% against the previous year.

Export of Glass Fibre Filament in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France23.023.619.211.0-21.8%
Spain9.17.910.89.20.4%
Germany5.74.86.08.313.3%
Belgium1.61.21.65.450.0%
Poland5.53.84.33.9-10.8%
Czech Republic2.32.21.42.1-3.0%
United Kingdom1.11.11.51.817.8%
Romania1.71.71.20.8-22.2%
Others5.96.37.25.6-1.7%
Total55.952.753.348.1-4.9%

Top Export Markets for Glass Fibre Filament from Italy in 2022:

  1. France (6.7K tons)
  2. Spain (5.5K tons)
  3. Germany (4.8K tons)
  4. Belgium (3.2K tons)
  5. Poland (2.2K tons)
  6. Czech Republic (1.2K tons)
  7. United Kingdom (0.9K tons)
  8. Romania (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fibre filament market in Italy. 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 23141130 - Glass fibre filaments (including rovings)

Country coverage:

  • Italy

Data coverage:

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