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

Contents:

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

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

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,893 per ton, dropping by -2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 71%. The import price peaked at $5,905 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,709 per ton), while the price for Russia ($1,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), 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 Chile (FOB) - 2022

In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $6,398 per ton, increasing by 99% against the previous year. In general, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($14,396 per ton), while the average price for exports to Spain ($1,149 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 Denmark (+17.9%), 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 Chile

Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Chile amounted to 16K tons in 2022, therefore, remained relatively stable against the previous year's figure. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 39% 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.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) contracted to $46M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of $47M, and then fell modestly in the following year.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.511.521.620.821.8%
Argentina3.82.95.26.720.8%
United States4.83.94.44.80.0%
Mexico4.62.43.12.7-16.3%
Spain0.50.41.42.366.3%
Brazil1.10.71.31.920.0%
Russia1.20.90.5N/A-35.5%
Others3.62.99.56.823.6%
Total31.125.646.846.114.0%

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

  1. China (9.9K tons)
  2. Argentina (3.0K tons)
  3. United States (0.6K tons)
  4. Mexico (0.5K tons)
  5. Spain (0.5K tons)
  6. Brazil (0.4K tons)

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

In 2022, overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -31.9% to 122 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 130%. As a result, the exports attained the peak of 812 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $782K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 192% against the previous year. As a result, the exports reached the peak of $2.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba13.516.53.5298180.5%
Peru401354239188-22.3%
Bolivia145196133137-1.9%
Argentina1681,31613871.2-24.9%
Ecuador1.224.923.926.1179.1%
Uruguay25.66.216.525.60.0%
Spain0.9N/A0.314.8154.3%
Others30.938323.820.5-12.8%
Total7872,295578782-0.2%

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

  1. Peru (39.0 tons)
  2. Cuba (20.7 tons)
  3. Bolivia (17.9 tons)
  4. Argentina (17.2 tons)
  5. Spain (12.9 tons)
  6. Ecuador (9.6 tons)
  7. Uruguay (3.6 tons)

Source: IndexBox Market Intelligence Platform

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