United Kingdom - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Fibre and Article in the UK - 2023
Contents:
- Price for Glass Fibre and Article in the UK (FOB) - 2022
- Price for Glass Fibre and Article in the UK (CIF) - 2022
- Exports of Glass Fibre and Article in the UK
- Imports of Glass Fibre and Article in the UK
Price for Glass Fibre and Article in the UK (FOB) - 2022
In 2022, the average glass fibre and article export price amounted to $3,345 per ton, picking up by 3.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 9% against the previous year. The export price peaked at $3,915 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($4,163 per ton), while the average price for exports to Belgium ($1,501 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 Ireland (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass Fibre and Article in the UK (CIF) - 2022
The average glass fibre and article import price stood at $3,007 per ton in 2022, growing by 4.3% against the previous year. In general, the import price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of 33% against the previous year. As a result, import price attained the peak level of $3,400 per ton. From 2018 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 the United States ($5,930 per ton), while the price for Russia ($1,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glass Fibre and Article in the UK
In 2022, exports of glass fibres and glass fibre articles from the UK shrank to 153K tons, dropping by -7.1% on 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. As a result, the exports attained the peak of 164K tons, and then shrank in the following year.
In value terms, glass fibre and article exports shrank to $511M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of $533M, and then dropped in the following year.
| Export of Glass Fibre and Article in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 99.9 | 92.7 | 117 | 102 | 0.7% |
| Italy | 43.1 | 28.6 | 45.4 | 34.4 | -7.2% |
| France | 26.1 | 32.5 | 35.8 | 34.2 | 9.4% |
| Australia | 42.8 | 38.8 | 29.4 | 32.2 | -9.0% |
| Ireland | 26.5 | 25.0 | 39.1 | 31.8 | 6.3% |
| Poland | 20.3 | 20.5 | 24.7 | 19.0 | -2.2% |
| Belgium | 12.7 | 10.1 | 22.1 | 18.8 | 14.0% |
| Sweden | 11.2 | 8.7 | 12.7 | 14.4 | 8.7% |
| New Zealand | 20.5 | 12.6 | 7.2 | 11.6 | -17.3% |
| Denmark | 19.9 | 11.5 | 10.0 | 9.5 | -21.8% |
| Portugal | 6.0 | 6.7 | 8.4 | 7.5 | 7.7% |
| Norway | 6.9 | 8.1 | 7.7 | 7.5 | 2.8% |
| Lithuania | 6.4 | 7.1 | 6.1 | 6.9 | 2.5% |
| Others | 182 | 153 | 167 | 181 | -0.2% |
| Total | 524 | 456 | 533 | 511 | -0.8% |
Top Export Markets for Glass Fibre and Article from the UK in 2022:
- Germany (26.0K tons)
- France (17.7K tons)
- Australia (16.4K tons)
- Belgium (12.5K tons)
- Italy (12.0K tons)
- Ireland (12.0K tons)
- Sweden (5.2K tons)
- Denmark (5.1K tons)
- New Zealand (4.9K tons)
- Poland (4.6K tons)
- Lithuania (4.3K tons)
- Norway (4.0K tons)
- Portugal (3.2K tons)
Imports of Glass Fibre and Article in the UK
In 2022, the amount of glass fibres and glass fibre articles imported into the UK contracted to 120K tons, which is down by -7% on the previous year's figure. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 7.3%.
In value terms, glass fibre and article imports dropped modestly to $360M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $371M, and then declined slightly in the following year.
| Import of Glass Fibre and Article in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.9 | 30.5 | 47.4 | 54.6 | 11.0% |
| United States | 47.6 | 40.7 | 52.1 | 48.1 | 0.3% |
| France | 30.9 | 34.6 | 32.6 | 33.3 | 2.5% |
| Belgium | 30.6 | 29.2 | 30.1 | 23.9 | -7.9% |
| Germany | 29.2 | 29.0 | 26.3 | 23.0 | -7.6% |
| Italy | 5.6 | 6.8 | 9.8 | 16.3 | 42.8% |
| Czech Republic | 18.0 | 18.9 | 18.9 | 15.3 | -5.3% |
| Slovakia | 15.2 | 9.4 | 6.8 | 14.4 | -1.8% |
| Egypt | 13.8 | 9.6 | 10.9 | 12.7 | -2.7% |
| Sweden | 15.2 | 11.6 | 12.3 | 10.9 | -10.5% |
| Latvia | 9.2 | 6.6 | 15.5 | 9.5 | 1.1% |
| Thailand | 3.2 | 3.0 | 9.7 | 9.0 | 41.2% |
| Russia | 11.2 | 2.5 | 4.8 | 6.2 | -17.9% |
| Others | 99.8 | 77.5 | 93.6 | 82.6 | -6.1% |
| Total | 369 | 310 | 371 | 360 | -0.8% |
Top Suppliers of Glass Fibre and Article to the UK in 2022:
- China (17.8K tons)
- France (15.4K tons)
- Belgium (10.9K tons)
- Egypt (8.8K tons)
- Slovakia (8.7K tons)
- United States (8.1K tons)
- Italy (5.9K tons)
- Thailand (5.6K tons)
- Russia (4.9K tons)
- Czech Republic (4.3K tons)
- Germany (4.3K tons)
- Sweden (2.4K tons)
- Latvia (2.3K tons)
This report provides an in-depth analysis of the market for glass fibre and article in the UK. 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
- Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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