Glass Fibre Voiles Price in South Africa - 2021

Contents:

  1. Glass Fibre Voiles Price in South Africa (CIF) - 2022
  2. Glass Fibre Voiles Price in South Africa (FOB) - 2022
  3. Glass Fibre Voiles Imports in South Africa
  4. Glass Fibre Voiles Exports in South Africa

Glass Fibre Voiles Price in South Africa (CIF) - 2022

In 2022, the average glass fibre voiles import price amounted to $6,883 per ton, with an increase of 9.7% against the previous year. Overall, the import price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2016 an increase of 29%. The import price peaked at $9,309 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($59,212 per ton), while the price for the Netherlands ($4,171 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Voiles Price in South Africa (FOB) - 2022

In 2022, the average glass fibre voiles export price amounted to $7,829 per ton, increasing by 40% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre voiles export price decreased by -9.6% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 41% against the previous year. As a result, the export price reached the peak level of $8,661 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($23,523 per ton), while the average price for exports to Mozambique ($3,208 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 Singapore (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Voiles Imports in South Africa

Glass fibre voiles imports into South Africa reduced dramatically to 76 tons in 2022, waning by -26.9% compared with the previous year's figure. In general, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. As a result, imports reached the peak of 104 tons, and then reduced sharply in the following year.

In value terms, glass fibre voiles imports declined markedly to $522K in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of $651K, and then contracted rapidly in the following year.

Import of Glass Fibre Voiles in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.16.22101651081.7%
United Kingdom1311831941525.1%
Germany24582.4118110-23.4%
Netherlands21.367.350.539.723.1%
Portugal56.415.037.329.3-19.6%
Poland88.0N/AN/AN/A0%
Others92.538.941.024.8-35.5%
Total634393651522-6.3%

Top Suppliers of Glass Fibre Voiles to South Africa in 2022:

  1. China (32.9 tons)
  2. Germany (17.1 tons)
  3. United Kingdom (12.2 tons)
  4. Netherlands (9.5 tons)
  5. Portugal (2.8 tons)

Glass Fibre Voiles Exports in South Africa

In 2022, shipments abroad of glass fibre voiles was finally on the rise to reach 8.8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt descent.

In value terms, glass fibre voiles exports soared to $69K in 2022. Overall, exports, however, faced a significant contraction.

Export of Glass Fibre Voiles in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka93.152.92.346.7-20.5%
Mozambique6.28.914.614.332.1%
Mauritius7.36.82.25.1-11.3%
Namibia4.90.31.01.9-27.1%
ZambiaN/A8.9N/AN/A0%
Singapore24.8N/AN/AN/A0%
BrazilN/AN/A17.6N/A0%
Others0.618.14.61.018.6%
Total13795.942.169.0-20.4%

Top Export Markets for Glass Fibre Voiles from South Africa in 2022:

  1. Mozambique (4.5 tons)
  2. Sri Lanka (3.6 tons)
  3. Namibia (0.5 tons)
  4. Mauritius (0.2 tons)

Source: IndexBox Market Intelligence Platform

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