Glass Fibre Voiles Price in Sri Lanka - 2021
Contents:
- Glass Fibre Voiles Price in Sri Lanka (CIF) - 2022
- Glass Fibre Voiles Price in Sri Lanka (FOB) - 2022
- Glass Fibre Voiles Imports in Sri Lanka
- Glass Fibre Voiles Exports in Sri Lanka
Glass Fibre Voiles Price in Sri Lanka (CIF) - 2022
In 2022, the average glass fibre voiles import price amounted to $3,860 per ton, reducing by -54.9% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 43%. As a result, import price attained the peak level of $11,277 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($12,569 per ton), while the price for China ($1,704 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+62.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fibre Voiles Price in Sri Lanka (FOB) - 2022
The average glass fibre voiles export price stood at $4,949 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2013 an increase of 383%. As a result, the export price attained the peak level of $19,947 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +0.9% per year.
Glass Fibre Voiles Imports in Sri Lanka
After two years of decline, supplies from abroad of glass fibre voiles increased by 1,954% to 23 tons in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre voiles imports skyrocketed to $88K in 2022. Overall, imports, however, showed a abrupt slump.
| Import of Glass Fibre Voiles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 63.0 | 31.0 | 3.8 | 44.1 | -11.2% |
| China | 2.0 | 1.6 | 0.3 | 26.6 | 136.9% |
| Saudi Arabia | N/A | N/A | N/A | 13.6 | 0% |
| Malaysia | 1.4 | 0.8 | 0.1 | 0.6 | -24.6% |
| South Korea | 0.6 | 0.4 | 0.1 | N/A | -59.2% |
| Germany | 2.4 | 5.7 | 0.8 | N/A | -42.3% |
| United Kingdom | 3.4 | 8.5 | 1.2 | N/A | -40.6% |
| Others | 31.6 | 23.7 | 3.3 | 2.8 | -55.4% |
| Total | 104 | 71.7 | 9.5 | 87.7 | -5.5% |
Top Suppliers of Glass Fibre Voiles to Sri Lanka in 2022:
- China (15.6 tons)
- South Africa (3.5 tons)
- Saudi Arabia (3.0 tons)
- Malaysia (0.2 tons)
Glass Fibre Voiles Exports in Sri Lanka
After three years of growth, overseas shipments of glass fibre voiles decreased by -3.4% to 4.3 tons in 2022. The total export volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 7.4%.
In value terms, glass fibre voiles exports dropped slightly to $22K in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 7.7% against the previous year.
| Export of Glass Fibre Voiles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 16.3 | 18.2 | 20.1 | 19.9 | 6.9% |
| Others | 3.0 | 2.5 | 2.2 | 1.7 | -17.2% |
| Total | 19.3 | 20.7 | 22.3 | 21.5 | 3.7% |
Top Export Markets for Glass Fibre Voiles from Sri Lanka in 2022:
- Maldives (4.3 tons)
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