Nepal - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Nepal - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights

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Price for Glass Fibres and Wool in Nepal - 2022

Contents:

  1. Price for Glass Fibres and Wool in Nepal (CIF) - 2022
  2. Price for Glass Fibres and Wool in Nepal (FOB) - 2022
  3. Imports of Glass Fibres and Wool in Nepal
  4. Exports of Glass Fibres and Wool in Nepal

Price for Glass Fibres and Wool in Nepal (CIF) - 2022

In 2022, the average glass fibres and wool import price amounted to $5,285 per ton, with a decrease of -6.1% against the previous year. Over the period under review, the import price, however, saw strong growth. The growth pace was the most rapid in 2021 when the average import price increased by 47%. As a result, import price reached the peak level of $5,630 per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,778 per ton), while the price for China ($2,648 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Fibres and Wool in Nepal (FOB) - 2022

The average glass fibres and wool export price stood at $7,882 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 8.8% against the previous year. As a result, the export price reached the peak level of $14,150 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2013 to 2022, the rate of growth in terms of prices for Mexico amounted to -50.8% per year.

Imports of Glass Fibres and Wool in Nepal

In 2022, overseas purchases of glass fibres and glass wool decreased by -27.3% to 98 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of 361 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, glass fibres and wool imports dropped dramatically to $516K in 2022. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Glass Fibres and Wool in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India432354427397-2.8%
China489935228117-37.9%
Others48.796.81011.4-69.4%
Total9691,385756516-18.9%

Top Suppliers of Glass Fibres and Wool to Nepal in 2022:

  1. India (53.2 tons)
  2. China (44.2 tons)

Exports of Glass Fibres and Wool in Nepal

Glass fibres and wool exports from Nepal was estimated at 34 kg in 2022, approximately reflecting the previous year. Overall, exports recorded a sharp shrinkage. The smallest decline of 99.9% was in 2021.

In value terms, glass fibres and wool exports totaled $268 in 2022. Over the period under review, exports saw a sharp reduction. The smallest decline of 99.9% was in 2021.

Export of Glass Fibres and Wool in Nepal (USD)
COUNTRY202020212022CAGR,
2020-2022
ThailandN/AN/A1310%
United Arab Emirates1,201N/AN/A0%
OthersN/AN/A1370%
Total1,201N/A268-52.8%

Top Export Markets for Glass Fibres and Wool from Nepal in 2022:

  1. Thailand (17.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibres and wool in Nepal. 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 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

Country coverage:

  • Nepal

Data coverage:

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