Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,298 per ton in 2022, with an increase of 2.1% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of 21%. As a result, import price reached the peak level of $3,619 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 Poland ($9,226 per ton), while the price for the UK ($1,215 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,280 per ton, declining by -5.1% against the previous year. Over the period under review, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 15% against the previous year. Over the period under review, the average export prices reached the maximum at $10,893 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($19,701 per ton), while the average price for exports to the Czech Republic ($762 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 Italy (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark
After three years of growth, overseas purchases of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -4.3% to 86K tons in 2022. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) shrank modestly to $198M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 6.6%. As a result, imports attained the peak of $203M, and then shrank modestly in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.6 | 28.5 | 40.5 | 43.2 | 316.0% |
| Germany | 38.5 | 35.6 | 30.6 | 32.2 | -5.8% |
| Sweden | 17.6 | 16.8 | 23.9 | 22.5 | 8.5% |
| Poland | 23.9 | 22.3 | 16.9 | 14.2 | -15.9% |
| Finland | 7.6 | 15.0 | 13.2 | 12.2 | 17.1% |
| Lithuania | 2.2 | 3.8 | 12.1 | 11.7 | 74.6% |
| United Kingdom | 11.1 | 8.6 | 8.1 | 9.5 | -5.1% |
| China | 27.0 | 15.2 | 11.5 | 9.1 | -30.4% |
| Netherlands | 7.7 | 11.2 | 10.0 | 9.0 | 5.3% |
| Belgium | 6.8 | 4.7 | 4.2 | 5.0 | -9.7% |
| Bahrain | 1.0 | 1.5 | 3.1 | 4.5 | 65.1% |
| Turkey | 0.3 | 1.2 | 1.8 | 3.5 | 126.8% |
| Others | 42.5 | 25.8 | 27.0 | 21.6 | -20.2% |
| Total | 187 | 190 | 203 | 198 | 1.9% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Denmark in 2022:
- Norway (30.9K tons)
- Germany (11.9K tons)
- Sweden (8.3K tons)
- United Kingdom (7.9K tons)
- Finland (6.7K tons)
- Belgium (3.2K tons)
- China (3.2K tons)
- Bahrain (3.0K tons)
- Netherlands (2.1K tons)
- Poland (1.5K tons)
- Turkey (1.4K tons)
- Lithuania (1.4K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark
After three years of growth, overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -0.2% to 59K tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.3% 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 +96.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 73%.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) reduced to $135M in 2022. Over the period under review, exports saw a perceptible setback. The smallest decline of -1.1% was in 2021.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.9 | 29.3 | 39.1 | 43.2 | 183.3% |
| Sweden | 27.8 | 26.1 | 28.2 | 20.5 | -9.7% |
| United Kingdom | 14.0 | 13.1 | 14.9 | 9.5 | -12.1% |
| France | 2.3 | 2.3 | 3.4 | 8.3 | 53.4% |
| Germany | 17.9 | 14.4 | 9.8 | 7.6 | -24.8% |
| United States | 10.7 | 7.7 | 5.1 | 6.5 | -15.3% |
| Greenland | 1.9 | 2.0 | 2.9 | 4.4 | 32.3% |
| Poland | 16.6 | 5.6 | 5.5 | 4.4 | -35.8% |
| Czech Republic | 1.2 | 1.6 | 2.0 | 2.1 | 20.5% |
| China | 12.0 | 6.9 | 1.7 | 0.8 | -59.5% |
| Others | 47.1 | 35.4 | 30.1 | 27.8 | -16.1% |
| Total | 154 | 144 | 143 | 135 | -4.3% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Denmark in 2022:
- Belgium (33.3K tons)
- Sweden (7.1K tons)
- France (3.5K tons)
- Czech Republic (2.8K tons)
- Germany (2.3K tons)
- United Kingdom (1.9K tons)
- Greenland (1.5K tons)
- Poland (1.1K tons)
- United States (1.0K tons)
- China (0.1K tons)
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