U.S. - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Glass Fibre Chopped Strand in the United States - 2023
Contents:
- Price for Glass Fibre Chopped Strand in the United States (CIF) - 2023
- Price for Glass Fibre Chopped Strand in the United States (FOB) - 2023
- Imports of Glass Fibre Chopped Strand in the United States
- Exports of Glass Fibre Chopped Strand in the United States
Price for Glass Fibre Chopped Strand in the United States (CIF) - 2023
In September 2023, the average glass fibre chopped strand import price amounted to $1,232 per ton, shrinking by -1.6% against the previous month. In general, the import price recorded a mild setback. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 12% m-o-m. As a result, import price reached the peak level of $1,684 per ton. From December 2022 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($2,395 per ton), while the price for Malaysia ($889 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Slovakia (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Glass Fibre Chopped Strand in the United States (FOB) - 2023
The average glass fibre chopped strand export price stood at $3,051 per ton in September 2023, which is down by -14.4% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 53% against the previous month. Over the period under review, the average export prices attained the maximum at $3,697 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was China ($12,849 per ton), while the average price for exports to Australia ($1,353 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibre Chopped Strand in the United States
In 2022, approx. 120K tons of glass fibre chopped strands were imported into the United States; growing by 68% on the previous year's figure. Over the period under review, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre chopped strand imports skyrocketed to $173M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibre Chopped Strand in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 40.4 | 31.8 | 33.4 | 60.7 | 14.5% |
| China | 19.2 | 15.7 | 16.2 | 49.2 | 36.8% |
| Belgium | 11.3 | 9.5 | 5.4 | 16.9 | 14.4% |
| Mexico | 9.9 | 7.0 | 11.0 | 12.3 | 7.5% |
| Japan | 5.1 | 3.2 | 6.3 | 9.8 | 24.3% |
| South Korea | 0.5 | 1.1 | 1.3 | 4.8 | 112.5% |
| Taiwan (Chinese) | 2.3 | 3.4 | 3.3 | 3.6 | 16.1% |
| Others | 8.3 | 3.8 | 4.3 | 15.5 | 23.1% |
| Total | 97.1 | 75.4 | 81.1 | 173 | 21.2% |
Top Suppliers of Glass Fibre Chopped Strand to the United States in 2022:
- Malaysia (54.2K tons)
- China (32.8K tons)
- Belgium (12.1K tons)
- Mexico (4.1K tons)
- Japan (3.9K tons)
- South Korea (3.3K tons)
- Taiwan (Chinese) (2.7K tons)
Exports of Glass Fibre Chopped Strand in the United States
Glass fibre chopped strand exports from the United States amounted to 31K tons in 2022, almost unchanged from the previous year's figure. The total export volume increased at an average annual rate of +2.4% 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 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, glass fibre chopped strand exports soared to $77M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Glass Fibre Chopped Strand in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 16.9 | 16.9 | 22.2 | 30.6 | 21.9% |
| China | 7.6 | 11.2 | 7.6 | 15.3 | 26.3% |
| Canada | 7.3 | 5.3 | 7.2 | 7.8 | 2.2% |
| Turkey | N/A | N/A | 0.1 | 4.2 | 4100.0% |
| Germany | 0.5 | 0.3 | 2.3 | 3.2 | 85.7% |
| Belgium | 1.5 | 1.0 | 3.3 | 1.6 | 2.2% |
| Argentina | 0.6 | 0.8 | 0.7 | 1.4 | 32.6% |
| Venezuela | N/A | 0.2 | 0.4 | 1.3 | 155.0% |
| Australia | 1.3 | 1.3 | 1.6 | 1.1 | -5.4% |
| New Zealand | 0.6 | 0.7 | 0.8 | 1.1 | 22.4% |
| Brazil | 1.5 | 0.4 | 1.0 | 0.1 | -59.5% |
| South Korea | 2.1 | 0.8 | N/A | 0.1 | -63.8% |
| Others | 3.5 | 4.5 | 10.7 | 9.2 | 38.0% |
| Total | 43.5 | 43.2 | 58.0 | 76.9 | 20.9% |
Top Export Markets for Glass Fibre Chopped Strand from the United States in 2022:
- Mexico (11.1K tons)
- Turkey (5.6K tons)
- Canada (4.0K tons)
- China (4.0K tons)
- Germany (1.2K tons)
- Australia (0.7K tons)
- Venezuela (0.7K tons)
- Argentina (0.7K tons)
- New Zealand (0.5K tons)
- Belgium (0.4K tons)
- Brazil (0.1K tons)
- South Korea (0.1K tons)
This report provides an in-depth analysis of the market for glass fibre chopped strand in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
322
This report provides an in-depth analysis of the market for glass fibre chopped strand in the U.S..
499
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in the U.S..
537
This report provides an in-depth analysis of the glass fibre fabrics market in the U.S..
289
This report provides an in-depth analysis of the glass fibre mat market in the U.S..
183
This report provides an in-depth analysis of the glass fibre filament market in the U.S..
277
This report provides an in-depth analysis of the market for glass fibre and article in the U.S..
388
This report provides an in-depth analysis of the market for staple glass fibre articles in the USA.
435
This report provides an in-depth analysis of the glass fiber market in the U.S..
320
This report provides an in-depth analysis of the filament mat market in the USA.
400
This report provides an in-depth analysis of the glass wool mat market in the USA.
520
Learn how to enter the glass fiber market in the United States with this comprehensive guide. Discover official data sources, assistance from local authorities, and valuable information to help you start a successful business in the glass fiber industry.
657
In March 2023, the tractor price stood at $34,534 per unit (CIF, US), which is down by -1.6% against the previous month.
164
In Feb. 2023, the price for knotted carpet per square meter (CIF, US) was $68.0, increasing by 14% compared to the month before.
1043
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
813
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
794
2020 was a serious test for the glass fibre market. The fall in production was extreme in April 2020. Still, demand began to recover in the second half of the year thanks to a recovery in the composite consumer goods sector. Chinese glass fibres and glass fibre articles became more expensive in the strengthening of the yuan and, also, hit by the European Union's anti-dumping duties.
1037
In value terms, carded and combed artificial staple fibres imports amounted to $X in 2016. Overall, carded and combed artificial staple fibres imports continue to indicate a abrupt curtailment. Over...
1148
In value terms, carded and combed artificial staple fibres exports amounted to $X in 2016. Overall, carded and combed artificial staple fibres exports continue to indicate a deep decrease. Global ca...
1342
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1714
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
