Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Croatia - 2023

Contents:

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

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

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,293 per ton, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,600 per ton), while the price for Slovenia ($1,325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.1%), 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 Croatia (FOB) - 2022

In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $4,396 per ton, with an increase of 31% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) increased by +71.8% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($6,255 per ton), while the average price for exports to Bosnia and Herzegovina ($1,990 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 the Czech Republic (+7.3%), 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 Croatia

In 2022, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Croatia reached 22K tons, growing by 4.6% compared with 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. 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 $50M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6.26.68.79.916.9%
Belgium1.82.25.38.366.4%
Italy2.22.35.46.241.3%
Germany1.41.92.73.231.7%
Slovakia3.02.83.72.9-1.1%
Austria0.60.63.12.663.0%
Romania0.51.52.42.571.0%
North Macedonia0.30.41.52.5102.7%
Latvia2.52.02.02.2-4.2%
Slovenia2.02.01.92.00.0%
Poland0.50.81.41.130.1%
Serbia0.50.60.81.130.1%
China0.30.31.01.049.4%
Others4.33.22.94.40.8%
Total26.027.242.649.824.2%

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

  1. Czech Republic (5.7K tons)
  2. Belgium (2.9K tons)
  3. Italy (2.8K tons)
  4. Romania (1.7K tons)
  5. Slovenia (1.5K tons)
  6. Slovakia (1.4K tons)
  7. Austria (0.8K tons)
  8. Latvia (0.8K tons)
  9. North Macedonia (0.7K tons)
  10. Germany (0.7K tons)
  11. Poland (0.5K tons)
  12. China (0.5K tons)
  13. Serbia (0.4K tons)

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

Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Croatia fell to 7.1K tons in 2022, waning by -8.9% on the previous year's figure. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports reached the peak of 7.8K tons, and then contracted in the following year.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $31M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.74.99.214.746.2%
Germany3.63.75.14.03.6%
Bosnia and Herzegovina2.72.63.33.812.1%
Austria1.41.22.12.012.6%
Slovenia0.80.81.21.317.6%
Turkey0.20.21.01.071.0%
Czech Republic0.30.60.60.732.6%
Latvia1.10.40.20.2-43.3%
Others2.72.83.63.59.0%
Total17.617.226.331.321.2%

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

  1. Italy (2357.7 tons)
  2. Bosnia and Herzegovina (1917.4 tons)
  3. Germany (819.0 tons)
  4. Austria (488.7 tons)
  5. Slovenia (349.7 tons)
  6. Turkey (347.0 tons)
  7. Czech Republic (166.5 tons)
  8. Latvia (59.5 tons)

Source: IndexBox Market Intelligence Platform

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