United Arab Emirates - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

United Arab Emirates - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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Glass Fibre Filament Price in the United Arab Emirates - 2021

Contents:

  1. Glass Fibre Filament Price in the United Arab Emirates (CIF) - 2022
  2. Glass Fibre Filament Price in the United Arab Emirates (FOB) - 2022
  3. Glass Fibre Filament Imports in the United Arab Emirates
  4. Glass Fibre Filament Exports in the United Arab Emirates

Glass Fibre Filament Price in the United Arab Emirates (CIF) - 2022

The average glass fibre filament import price stood at $1,330 per ton in 2022, picking up by 30% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre filament import price increased by +85.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 43%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,334 per ton), while the price for Taiwan (Chinese) ($956 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced a decline.

Glass Fibre Filament Price in the United Arab Emirates (FOB) - 2022

In 2022, the average glass fibre filament export price amounted to $1,670 per ton, growing by 2.6% against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 91% against the previous year. As a result, the export price reached the peak level of $2,193 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,398 per ton), while the average price for exports to India ($421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Filament Imports in the United Arab Emirates

In 2022, glass fibre filament imports into the United Arab Emirates dropped rapidly to 32K tons, with a decrease of -18.5% compared with 2021. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.

In value terms, glass fibre filament imports expanded markedly to $42M in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Glass Fibre Filament in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.616.834.236.83.1%
BahrainN/A4.02.42.8-16.3%
Japan2.41.81.21.2-20.6%
Taiwan (Chinese)0.10.10.10.681.7%
Others1.70.92.31.0-16.2%
Total37.823.740.242.43.9%

Top Suppliers of Glass Fibre Filament to the United Arab Emirates in 2022:

  1. China (27.6K tons)
  2. Bahrain (2.8K tons)
  3. Taiwan (Chinese) (0.6K tons)
  4. Japan (0.4K tons)

Glass Fibre Filament Exports in the United Arab Emirates

In 2022, exports of glass fibre filaments from the United Arab Emirates surged to 4K tons, increasing by 94% against 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 266%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, glass fibre filament exports surged to $6.7M in 2022. Over the period under review, exports recorded a prominent increase. The growth pace was the most rapid in 2021 with an increase of 186%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Glass Fibre Filament in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia461N/AN/A2,32471.5%
Italy64.6N/A5941,632193.4%
Oman1,040219904471-23.2%
GermanyN/AN/A37.5349830.7%
QatarN/AN/AN/A3440%
Spain0.1N/A94.02401238.9%
United KingdomN/AN/A1221349.8%
Ethiopia5.8N/AN/A134184.8%
India130N/A14570.1-18.6%
Iran26317364.1N/A-50.6%
Brazil1,48872629.0N/A-86.0%
Others49055.71,36197225.6%
Total3,9421,1733,3516,67019.2%

Top Export Markets for Glass Fibre Filament from the United Arab Emirates in 2022:

  1. Saudi Arabia (1798.0 tons)
  2. Italy (831.5 tons)
  3. Qatar (253.4 tons)
  4. Oman (226.9 tons)
  5. India (166.5 tons)
  6. Germany (145.5 tons)
  7. Spain (140.7 tons)
  8. Ethiopia (62.3 tons)
  9. United Kingdom (60.7 tons)

Source: IndexBox Market Intelligence Platform

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

  • United Arab Emirates

Data coverage:

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