Thailand - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlass Fibre Mat Price in Thailand - 2022
Contents:
- Glass Fibre Mat Price in Thailand (FOB) - 2021
- Glass Fibre Mat Price in Thailand (CIF) - 2022
- Glass Fibre Mat Exports in Thailand
- Glass Fibre Mat Imports in Thailand
Glass Fibre Mat Price in Thailand (FOB) - 2021
In December 2021, the average glass fibre mat export price amounted to $1,917 per ton, almost unchanged from the previous month. Over the period under review, export price indicated a moderate increase from December 2020 to December 2021: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, glass fibre mat export price increased by +56.5% against December 2020 indices. The pace of growth appeared the most rapid in April 2021 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,925 per ton in November 2021, and then dropped in the following month.
Average prices varied somewhat for the major export markets. In December 2021, the countries with the highest prices were Malaysia ($2,580 per ton) and the United States ($1,976 per ton), while the average price for exports to India ($1,880 per ton) and the UK ($1,883 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Mat Price in Thailand (CIF) - 2022
The average glass fibre mat import price stood at $2,328 per ton in January 2022, jumping by 15% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in September 2021 when the average import price increased by 18% m-o-m. As a result, import price attained the peak level of $2,428 per ton. From October 2021 to January 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2022, the country with the highest price was Indonesia ($2,615 per ton), while the price for China amounted to $2,241 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Mat Exports in Thailand
Glass fibre mat exports from Thailand expanded slightly to 16K tons in 2022, increasing by 4.3% compared with the previous year's figure. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.8% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 57%. As a result, the exports attained the peak of 17K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, glass fibre mat exports reduced to $23M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $26M, and then contracted in the following year.
| Export of Glass Fibre Mat in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.9 | 2.7 | 7.3 | 6.1 | 28.1% |
| India | 6.8 | 4.1 | 3.5 | 3.9 | -16.9% |
| Spain | 1.8 | 1.6 | 3.9 | 3.3 | 22.4% |
| Italy | 2.5 | 2.8 | 2.4 | 2.1 | -5.6% |
| Poland | 1.8 | 2.4 | 2.5 | 2.0 | 3.6% |
| Germany | 0.8 | 0.6 | 1.4 | 1.1 | 11.2% |
| United States | 0.4 | 0.7 | 1.2 | 1.0 | 35.7% |
| Turkey | 1.2 | 0.9 | 0.8 | 0.8 | -12.6% |
| France | 0.5 | 0.5 | 0.3 | 0.4 | -7.2% |
| Others | 2.0 | 2.8 | 3.2 | 2.2 | 3.2% |
| Total | 20.6 | 19.3 | 26.5 | 22.9 | 3.6% |
Top Export Markets for Glass Fibre Mat from Thailand in 2022:
- United Kingdom (4.0K tons)
- India (3.0K tons)
- Spain (2.3K tons)
- Italy (1.7K tons)
- Poland (1.5K tons)
- Germany (0.8K tons)
- United States (0.7K tons)
- Turkey (0.6K tons)
- France (0.3K tons)
Glass Fibre Mat Imports in Thailand
After three years of growth, overseas purchases of glass fibre mats decreased by -98.3% to 90 tons in 2022. Over the period under review, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year.
In value terms, glass fibre mat imports declined significantly to $185K in 2022. Overall, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 44%. As a result, imports reached the peak of $10M, and then contracted markedly in the following year.
| Import of Glass Fibre Mat in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.4 | 4.9 | 8.1 | 0.1 | -73.5% |
| Japan | 0.3 | 0.2 | 0.3 | N/A | 0.0% |
| United Kingdom | 1.4 | 1.3 | 1.2 | N/A | -7.4% |
| Indonesia | 0.3 | 0.3 | 0.4 | N/A | 15.5% |
| Others | 0.3 | 0.5 | 0.2 | N/A | -18.4% |
| Total | 7.7 | 7.1 | 10.3 | 0.2 | -70.4% |
Top Suppliers of Glass Fibre Mat to Thailand in 2022:
- China (76.3 tons)
- Indonesia (13.8 tons)
This report provides an in-depth analysis of the glass fibre mat market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
-
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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