Spain - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Spain - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights

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Price for Glass Fibre Chopped Strand in Spain - 2023

Contents:

  1. Price for Glass Fibre Chopped Strand in Spain (CIF) - 2023
  2. Price for Glass Fibre Chopped Strand in Spain (FOB) - 2022
  3. Imports of Glass Fibre Chopped Strand in Spain
  4. Exports of Glass Fibre Chopped Strand in Spain

Price for Glass Fibre Chopped Strand in Spain (CIF) - 2023

In July 2023, the average glass fibre chopped strand import price amounted to $1,734 per ton, growing by 8.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 19% against the previous month. As a result, import price reached the peak level of $1,859 per ton. From April 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($1,944 per ton), while the price for Egypt ($1,050 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass Fibre Chopped Strand in Spain (FOB) - 2022

The average glass fibre chopped strand export price stood at $2,034 per ton in 2022, reducing by -1.7% against the previous year. Over the period under review, the export price showed a drastic downturn. The growth pace was the most rapid in 2018 when the average export price increased by 90% against the previous year. As a result, the export price reached the peak level of $5,232 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($10,273 per ton), while the average price for exports to Germany ($1,342 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 the UK (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibre Chopped Strand in Spain

In 2022, the amount of glass fibre chopped strands imported into Spain surged to 25K tons, jumping by 35% against 2021 figures. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, glass fibre chopped strand imports skyrocketed to $41M in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Glass Fibre Chopped Strand in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.70.72.49.0134.3%
Belgium7.17.38.98.77.0%
Malaysia1.81.73.46.150.2%
Egypt3.91.72.24.87.2%
China0.10.10.94.1244.8%
Germany0.71.73.02.041.9%
Slovakia1.01.92.11.923.9%
Others1.81.53.74.636.7%
Total17.116.526.641.434.3%

Top Suppliers of Glass Fibre Chopped Strand to Spain in 2022:

  1. France (6.1K tons)
  2. Egypt (4.5K tons)
  3. Malaysia (4.0K tons)
  4. Belgium (4.0K tons)
  5. China (2.8K tons)
  6. Slovakia (1.2K tons)
  7. Germany (0.8K tons)

Exports of Glass Fibre Chopped Strand in Spain

In 2022, glass fibre chopped strand exports from Spain soared to 912 tons, rising by 97% compared with the year before. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 736%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, glass fibre chopped strand exports skyrocketed to $1.9M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 563% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Glass Fibre Chopped Strand in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal32.66.210.7948207.5%
Germany54.15.6304536114.8%
Turkey35.120.917.216065.8%
Colombia65.833.439.632.9-20.6%
Morocco70.323.432.923.6-30.5%
Others47.454.955415448.1%
Total3051449581,85582.5%

Top Export Markets for Glass Fibre Chopped Strand from Spain in 2022:

  1. Germany (399.2 tons)
  2. Portugal (366.7 tons)
  3. Turkey (95.7 tons)
  4. Morocco (12.0 tons)
  5. Colombia (6.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibre chopped strand in Spain. 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)

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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