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

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

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Glass Fibre Filament Price in Slovakia - 2023

Contents:

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

Glass Fibre Filament Price in Slovakia (FOB) - 2023

In July 2023, the average glass fibre filament export price amounted to $1,510 per ton, dropping by -6.8% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 16% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,931 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In July 2023, the highest price was recorded for prices to the UK ($1,918 per ton) and Germany ($1,738 per ton), while the average price for exports to Italy ($1,349 per ton) and Spain ($1,370 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 Italy (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Fibre Filament Price in Slovakia (CIF) - 2023

In June 2023, the average glass fibre filament import price amounted to $2,116 per ton, picking up by 12% against the previous month. Over the period under review, import price indicated modest growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, glass fibre filament import price increased by +84.0% against April 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 65% against the previous month. Over the period under review, average import prices hit record highs at $2,182 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($11,186 per ton), while the price for China ($887 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Filament Exports in Slovakia

For the third consecutive year, Slovakia recorded decline in overseas shipments of glass fibre filaments, which decreased by -21.3% to 39K tons in 2022. Over the period under review, exports recorded a abrupt slump. The smallest decline of -1.3% was in 2021.

In value terms, glass fibre filament exports reduced modestly to $67M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $68M, and then reduced modestly in the following year.

Export of Glass Fibre Filament in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.016.121.615.6-4.7%
Italy6.88.08.413.124.4%
Spain4.34.35.57.017.6%
United Kingdom5.24.64.86.99.9%
France9.26.06.96.7-10.0%
Netherlands1.11.42.84.762.3%
Poland4.15.54.34.31.6%
Czech Republic2.61.83.02.5-1.3%
Croatia2.42.22.81.7-10.9%
Others8.97.98.04.4-20.9%
Total62.757.968.066.92.2%

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

  1. Germany (9.1K tons)
  2. Italy (8.6K tons)
  3. Spain (4.5K tons)
  4. United Kingdom (3.5K tons)
  5. France (3.2K tons)
  6. Netherlands (2.9K tons)
  7. Poland (2.5K tons)
  8. Czech Republic (1.4K tons)
  9. Croatia (0.9K tons)

Glass Fibre Filament Imports in Slovakia

In 2022, glass fibre filament imports into Slovakia surged to 9.1K tons, rising by 18% compared with the year before. The total import volume increased at an average annual rate of +8.6% 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 was the most pronounced in 2021 when imports increased by 20%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, glass fibre filament imports soared to $17M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Fibre Filament in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.13.54.04.6258.3%
Germany0.20.11.73.5159.6%
Egypt2.71.72.02.4-3.9%
China0.1N/AN/A1.6152.0%
United Kingdom0.20.30.61.491.3%
AustriaN/AN/A0.51.3160.0%
Spain1.10.90.81.0-3.1%
United States0.4N/A0.10.40.0%
France1.2N/AN/AN/A0%
Others1.80.60.51.0-17.8%
Total7.87.110.217.230.2%

Top Suppliers of Glass Fibre Filament to Slovakia in 2022:

  1. Belgium (2860.7 tons)
  2. Egypt (1994.8 tons)
  3. China (1263.2 tons)
  4. United Kingdom (938.5 tons)
  5. Austria (635.3 tons)
  6. Germany (315.8 tons)
  7. United States (300.2 tons)
  8. Spain (294.1 tons)
  9. France (6.3 tons)

Source: IndexBox Market Intelligence Platform

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

  • Slovakia

Data coverage:

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