Russian Federation - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Glass Fibre Filament Price in Russia - 2022

Contents:

  1. Glass Fibre Filament Price in Russia (CIF) - 2022
  2. Glass Fibre Filament Price in Russia (FOB) - 2022
  3. Glass Fibre Filament Imports in Russia
  4. Glass Fibre Filament Exports in Russia

Glass Fibre Filament Price in Russia (CIF) - 2022

The average glass fibre filament import price stood at $1,236 per ton in January 2022, remaining constant against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in February 2021 an increase of 14% month-to-month. The import price peaked at $1,268 per ton in November 2021; however, from December 2021 to January 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In January 2022, the highest price was recorded for prices from France ($1,585 per ton) and Belarus ($1,440 per ton), while the price for Egypt ($1,159 per ton) and China ($1,233 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Filament Price in Russia (FOB) - 2022

In January 2022, the average glass fibre filament export price amounted to $1,292 per ton, increasing by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in July 2021 an increase of 24% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,298 per ton in September 2021; afterwards, it flattened through to January 2022.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($1,587 per ton), while the average price for exports to the Czech Republic ($278 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Filament Imports in Russia

Glass fibre filament imports into Russia surged to 81K tons in 2022, with an increase of 43% against the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, glass fibre filament imports skyrocketed to $89M in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 196%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Glass Fibre Filament in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.013.648.583.773.6%
Egypt1.11.54.52.633.2%
Belarus1.61.52.01.95.9%
Italy0.61.51.31.122.4%
United States0.70.72.6N/A92.7%
France0.31.11.2N/A100.0%
Others0.40.60.50.2-20.6%
Total20.720.460.489.462.9%

Top Suppliers of Glass Fibre Filament to Russia in 2022:

  1. France (undefinedK tons)
  2. China (69.9K tons)
  3. Egypt (8.8K tons)
  4. Belarus (1.5K tons)
  5. Italy (0.8K tons)

Glass Fibre Filament Exports in Russia

Glass fibre filament exports from Russia amounted to 12K tons in 2022, increasing by 12% compared with the previous year. The total export volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, glass fibre filament exports skyrocketed to $15M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glass Fibre Filament in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.61.11.44.9101.4%
Kazakhstan1.91.83.23.522.6%
Germany1.52.73.22.721.6%
Finland0.31.41.11.985.0%
HungaryN/AN/A0.10.4300.0%
Belarus1.51.21.10.4-35.6%
Uzbekistan1.10.50.20.4-28.6%
LatviaN/AN/A0.20.350.0%
SlovakiaN/A0.10.10.241.4%
Czech Republic0.10.10.10.10.0%
Others1.11.21.20.5-23.1%
Total8.210.311.915.222.8%

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

  1. Belgium (4.0K tons)
  2. Germany (2.3K tons)
  3. Kazakhstan (2.3K tons)
  4. Finland (1.6K tons)
  5. Czech Republic (0.4K tons)
  6. Hungary (0.2K tons)
  7. Belarus (0.2K tons)
  8. Uzbekistan (0.2K tons)
  9. Latvia (0.2K tons)
  10. Slovakia (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fibre filament market in the Russian Federation. 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:

  • Russia

Data coverage:

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