Sri Lanka - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlass Fibre Mat Price in Sri Lanka - 2021
Contents:
- Glass Fibre Mat Price in Sri Lanka (CIF) - 2022
- Glass Fibre Mat Price in Sri Lanka (FOB) - 2022
- Glass Fibre Mat Imports in Sri Lanka
- Glass Fibre Mat Exports in Sri Lanka
Glass Fibre Mat Price in Sri Lanka (CIF) - 2022
The average glass fibre mat import price stood at $1,866 per ton in 2022, increasing by 4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2016 an increase of 20% against the previous year. As a result, import price reached the peak level of $1,898 per ton; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,974 per ton), while the price for China amounted to $1,788 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.0%).
Glass Fibre Mat Price in Sri Lanka (FOB) - 2022
In 2022, the average glass fibre mat export price amounted to $2,688 per ton, waning by -6.5% against the previous year. Over the period under review, the export price, however, posted a temperate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54%. As a result, the export price reached the peak level of $4,430 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($3,267 per ton), while the average price for exports to the UK amounted to $2,340 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fibre Mat Imports in Sri Lanka
Glass fibre mat imports into Sri Lanka fell sharply to 711 tons in 2022, which is down by -53.2% against the previous year. Overall, imports faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 126%. As a result, imports attained the peak of 1.5K tons, and then shrank markedly in the following year.
In value terms, glass fibre mat imports shrank notably to $1.3M in 2022. Over the period under review, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 137% against the previous year. As a result, imports reached the peak of $2.7M, and then contracted dramatically in the following year.
| Import of Glass Fibre Mat in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 878 | 556 | 1,491 | 829 | -1.9% |
| Taiwan (Chinese) | 866 | 494 | 991 | 480 | -17.9% |
| Others | 146 | 88.4 | 221 | 17.5 | -50.7% |
| Total | 1,890 | 1,139 | 2,703 | 1,326 | -11.1% |
Top Suppliers of Glass Fibre Mat to Sri Lanka in 2022:
- China (463.6 tons)
- Taiwan (Chinese) (243.1 tons)
Glass Fibre Mat Exports in Sri Lanka
In 2022, overseas shipments of glass fibre mats decreased by -95.6% to 80 kg, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 92%. As a result, the exports attained the peak of 5.8 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, glass fibre mat exports dropped rapidly to $215 in 2022. Over the period under review, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 19%. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Glass Fibre Mat in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.6 | 1.3 | 3.6 | 0.1 | -60.3% |
| Maldives | 4.9 | 6.5 | 0.4 | 0.1 | -72.7% |
| India | 0.7 | 0.3 | 0.2 | N/A | -46.5% |
| Singapore | 2.1 | 0.9 | 0.9 | N/A | -34.5% |
| Australia | N/A | 2.0 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 9.3 | 11.1 | 5.2 | 0.2 | -72.2% |
Top Export Markets for Glass Fibre Mat from Sri Lanka in 2022:
- United Kingdom (50.0 kg)
- Maldives (30.0 kg)
This report provides an in-depth analysis of the glass fibre mat market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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