China - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

China - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights

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Glass Fibre Mat Price in China - 2021

Contents:

  1. Glass Fibre Mat Price in China (FOB) - 2021
  2. Glass Fibre Mat Price in China (CIF) - 2022
  3. Glass Fibre Mat Exports in China
  4. Glass Fibre Mat Imports in China

Glass Fibre Mat Price in China (FOB) - 2021

In December 2021, the average glass fibre mat export price amounted to $1,703 per ton, rising by 2.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in May 2021 an increase of 9.2% month-to-month. The export price peaked in December 2021.

There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Pakistan ($2,280 per ton), while the average price for exports to the United States ($1,404 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

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Aleksandr Romanenko

Glass Fibre Mat Price in China (CIF) - 2022

In 2022, the average glass fibre mat import price amounted to $7,736 per ton, falling by -14.6% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre mat import price increased by +80.5% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 43%. As a result, import price attained the peak level of $9,054 per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,925 per ton), while the price for Belgium ($2,926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Mat Exports in China

In 2022, glass fibre mat exports from China declined to 111K tons, waning by -5.6% compared with 2021 figures. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year.

In value terms, glass fibre mat exports contracted to $158M in 2022. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 24%.

Export of Glass Fibre Mat in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India25.120.934.027.73.3%
United States36.835.327.426.7-10.1%
Spain28.510.78.412.9-23.2%
Mexico5.53.19.77.912.8%
Germany7.04.98.87.20.9%
Turkey3.17.28.06.628.6%
Indonesia5.24.45.94.8-2.6%
Pakistan3.33.75.84.712.5%
Canada5.76.45.24.6-6.9%
Vietnam6.34.44.74.2-12.6%
Brazil1.31.34.63.843.0%
United Arab Emirates10.21.81.93.8-28.0%
Thailand4.83.14.43.5-10.0%
Others44.934.146.640.1-3.7%
Total188141175158-5.6%

Top Export Markets for Glass Fibre Mat from China in 2022:

  1. United States (20.1K tons)
  2. India (19.5K tons)
  3. Spain (8.1K tons)
  4. Mexico (5.0K tons)
  5. Germany (4.7K tons)
  6. Turkey (4.1K tons)
  7. Vietnam (4.0K tons)
  8. United Arab Emirates (3.8K tons)
  9. Indonesia (3.5K tons)
  10. Pakistan (3.2K tons)
  11. Canada (2.9K tons)
  12. Brazil (2.8K tons)
  13. Thailand (2.4K tons)

Glass Fibre Mat Imports in China

In 2022, supplies from abroad of glass fibre mats was finally on the rise to reach 277 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt contraction.

In value terms, glass fibre mat imports contracted to $2.1M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $2.4M, and then reduced in the following year.

Import of Glass Fibre Mat in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7027231,3281,11016.5%
Belgium597189235266-23.6%
Germany280308139185-12.9%
Australia0.13.81711431026.6%
Taiwan (Chinese)68.324518.981.86.2%
Italy3.135.673.461.4170.6%
India36.080.371.159.418.2%
South Korea1320.556.650.0-27.6%
Others212300303185-4.4%
Total2,0311,8852,3972,1411.8%

Top Suppliers of Glass Fibre Mat to China in 2022:

  1. Belgium (90.8 tons)
  2. United States (65.6 tons)
  3. Australia (45.8 tons)
  4. Taiwan (Chinese) (18.5 tons)
  5. Germany (15.7 tons)
  6. India (12.4 tons)
  7. Italy (9.0 tons)
  8. South Korea (4.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fibre mat market 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 23141162 - Glass fibre mats made of filaments
  • Prodcom 23141217 - Glass fibre mats made of glass wool
  • Prodcom 23141210 -
  • Prodcom 23141220 -

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:

  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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