Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil - 2024

Contents:

  1. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil (CIF) - 2022
  2. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil (FOB) - 2022
  3. Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil
  4. Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil (CIF) - 2022

The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,320 per ton in 2022, with a decrease of -13.6% against the previous year. Over the period under review, the import price showed a mild curtailment. The growth pace was the most rapid in 2015 an increase of 23% against the previous year. As a result, import price reached the peak level of $2,926 per ton. From 2016 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 Mexico ($14,826 per ton), while the price for Hong Kong SAR ($1,735 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil (FOB) - 2022

In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $1,889 per ton, rising by 10% against the previous year. In general, the export price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014 an increase of 10% against the previous year. As a result, the export price attained the peak level of $2,284 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($10,872 per ton), while the average price for exports to Italy ($933 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 China (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil

Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Brazil skyrocketed to 99K tons in 2022, picking up by 34% against 2021 figures. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 37%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $231M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.049.598.913140.7%
India7.410.921.922.144.0%
United States19.112.619.117.5-2.9%
Belgium3.37.06.96.827.3%
South Korea5.43.96.64.0-9.5%
Malaysia2.12.02.83.518.6%
Others38.243.742.745.96.3%
Total12313019923123.4%

Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Brazil in 2022:

  1. China (74.2K tons)
  2. India (10.8K tons)
  3. Belgium (2.1K tons)
  4. Malaysia (2.0K tons)
  5. United States (1.6K tons)
  6. South Korea (1.1K tons)

Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil

Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Brazil expanded notably to 31K tons in 2022, with an increase of 15% compared with 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 +57.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $59M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +78.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina11.18.714.015.912.7%
United States9.74.88.915.015.6%
Belgium3.53.85.55.617.0%
Colombia2.51.32.92.3-2.7%
Italy0.30.71.62.191.3%
United Kingdom0.60.10.82.049.4%
Chile1.01.01.31.923.9%
Germany0.20.10.71.595.7%
Paraguay0.90.91.21.415.9%
Bolivia0.70.50.40.98.7%
Peru1.40.61.00.3-40.2%
Others8.910.68.210.24.6%
Total40.733.046.659.013.2%

Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Brazil in 2022:

  1. United States (9.7K tons)
  2. Argentina (9.1K tons)
  3. Belgium (4.0K tons)
  4. Italy (2.3K tons)
  5. United Kingdom (1.2K tons)
  6. Germany (0.7K tons)
  7. Colombia (0.7K tons)
  8. Paraguay (0.6K tons)
  9. Chile (0.4K tons)
  10. Bolivia (0.4K tons)
  11. Peru (0.1K tons)

Source: IndexBox Market Intelligence Platform

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