New Zealand - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Glass Fibres and Wool in New Zealand - 2023
Contents:
- Price for Glass Fibres and Wool in New Zealand (FOB) - 2022
- Price for Glass Fibres and Wool in New Zealand (CIF) - 2022
- Exports of Glass Fibres and Wool in New Zealand
- Imports of Glass Fibres and Wool in New Zealand
Price for Glass Fibres and Wool in New Zealand (FOB) - 2022
The average glass fibres and wool export price stood at $11,769 per ton in 2022, with an increase of 46% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($11,769 per ton) and Japan ($11,769 per ton), while the average price for exports to Canada ($11,769 per ton) and Cayman Islands ($11,769 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cayman Islands (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass Fibres and Wool in New Zealand (CIF) - 2022
The average glass fibres and wool import price stood at $10,503 per ton in 2022, dropping by -35.9% against the previous year. In general, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 67% against the previous year. The import price peaked at $23,807 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Taiwan (Chinese) ($17,924 per ton), while the price for China ($9,124 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glass Fibres and Wool in New Zealand
In 2022, overseas shipments of glass fibres and glass wool decreased by -34.3% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 145%.
In value terms, glass fibres and wool exports contracted modestly to $17M in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 140%.
| Export of Glass Fibres and Wool in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 7.6 | 10.6 | 8.3 | 66.4% |
| Australia | 0.5 | 0.3 | 1.0 | 3.7 | 94.9% |
| United States | 0.3 | 0.2 | 0.5 | 2.1 | 91.3% |
| Cayman Islands | N/A | N/A | 3.6 | 1.3 | -63.9% |
| Canada | 0.8 | 1.0 | 1.2 | 0.8 | 0.0% |
| Japan | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Others | 0.3 | 0.1 | 0.3 | 0.2 | -12.6% |
| Total | 4.0 | 9.5 | 17.4 | 16.7 | 61.0% |
Top Export Markets for Glass Fibres and Wool from New Zealand in 2022:
- China (705.7 tons)
- Australia (313.6 tons)
- United States (174.4 tons)
- Cayman Islands (111.3 tons)
- Canada (71.7 tons)
- Japan (28.1 tons)
Imports of Glass Fibres and Wool in New Zealand
In 2022, the amount of glass fibres and glass wool imported into New Zealand soared to 921 tons, jumping by 147% on the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fibres and wool imports soared to $9.7M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres and Wool in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,534 | 1,809 | 2,705 | 3,339 | 29.6% |
| Taiwan (Chinese) | 23.8 | 24.7 | 350 | 1,594 | 306.1% |
| Indonesia | 3.6 | 1.2 | 0.2 | 1,144 | 582.4% |
| United States | 510 | 537 | 535 | 820 | 17.2% |
| Australia | 1,131 | 640 | 743 | 750 | -12.8% |
| South Korea | 149 | 119 | 311 | 646 | 63.1% |
| United Kingdom | 112 | 389 | 502 | 488 | 63.3% |
| Germany | 455 | 352 | 307 | 271 | -15.9% |
| India | 85.7 | 4.8 | 5.1 | 115 | 10.3% |
| Hong Kong SAR | 32.8 | 17.4 | 27.5 | 40.1 | 6.9% |
| Others | 612 | 683 | 631 | 472 | -8.3% |
| Total | 4,650 | 4,578 | 6,117 | 9,678 | 27.7% |
Top Suppliers of Glass Fibres and Wool to New Zealand in 2022:
- China (365.9 tons)
- Indonesia (122.8 tons)
- United States (89.2 tons)
- Taiwan (Chinese) (88.9 tons)
- Australia (81.5 tons)
- South Korea (37.8 tons)
- United Kingdom (35.6 tons)
- Germany (29.1 tons)
- Hong Kong SAR (22.3 tons)
- India (18.6 tons)
This report provides an in-depth analysis of the market for glass fibres and wool in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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