Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,283 per ton, with a decrease of -34.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 88%. As a result, import price attained the peak level of $3,593 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($13,376 per ton), while the price for Bahrain ($870 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.6%), 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 Finland (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,220 per ton in 2022, with an increase of 6.4% against the previous year. Over the period under review, the export price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 58%. As a result, the export price attained the peak level of $4,152 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,834 per ton), while the average price for exports to Latvia ($1,660 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 United States (+6.0%), 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 Finland
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Finland skyrocketed to 41K tons in 2022, growing by 180% against the previous year's figure. In general, 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, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $93M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.5 | 16.5 | 19.4 | 17.5 | 4.1% |
| Sweden | 5.3 | 6.6 | 8.0 | 7.1 | 10.2% |
| Denmark | 3.2 | 2.3 | 3.5 | 4.5 | 12.0% |
| Russia | 2.9 | 2.5 | 2.5 | 4.0 | 11.3% |
| Italy | 1.7 | 1.6 | 2.4 | 2.9 | 19.5% |
| China | 1.6 | 0.8 | 1.3 | 1.7 | 2.0% |
| Czech Republic | 1.4 | 1.3 | 1.7 | 1.4 | 0.0% |
| Belgium | 0.7 | 1.1 | 1.4 | 1.2 | 19.7% |
| United Kingdom | 2.5 | 1.6 | 1.2 | 0.9 | -28.9% |
| Bahrain | N/A | 0.5 | 0.9 | 0.6 | 9.5% |
| Egypt | 0.6 | 0.4 | 0.7 | 0.6 | 0.0% |
| Lithuania | N/A | 0.1 | 0.5 | 0.6 | 144.9% |
| Others | 5.9 | 6.0 | 7.2 | 49.7 | 103.5% |
| Total | 41.5 | 41.4 | 50.5 | 92.7 | 30.7% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Finland in 2022:
- Russia (4.1K tons)
- Germany (3.1K tons)
- Sweden (1.4K tons)
- Bahrain (0.6K tons)
- Italy (0.5K tons)
- Denmark (0.5K tons)
- China (0.4K tons)
- Czech Republic (0.3K tons)
- Egypt (0.3K tons)
- United Kingdom (0.3K tons)
- Lithuania (0.2K tons)
- Belgium (0.2K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Finland expanded slightly to 36K tons, growing by 3.2% on 2021. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 89% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) rose sharply to $79M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 126%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 12.1 | 10.9 | 12.6 | 13.8 | 4.5% |
| Denmark | 2.5 | 2.3 | 14.4 | 13.5 | 75.4% |
| Sweden | 9.9 | 7.6 | 9.6 | 9.4 | -1.7% |
| France | N/A | N/A | 3.7 | 7.1 | 91.9% |
| Lithuania | 3.5 | 3.8 | 5.4 | 6.3 | 21.6% |
| Poland | 0.2 | 0.1 | 2.4 | 6.2 | 214.1% |
| Latvia | 3.7 | 4.2 | 4.6 | 4.8 | 9.1% |
| Russia | 2.1 | 2.2 | 3.0 | 3.7 | 20.8% |
| Italy | 0.1 | N/A | 2.5 | 3.4 | 224.0% |
| Germany | N/A | N/A | 2.5 | 2.6 | 4.0% |
| United Kingdom | 0.1 | 0.1 | 4.3 | 1.8 | 162.1% |
| Others | 0.7 | 0.6 | 7.1 | 6.5 | 110.2% |
| Total | 34.9 | 31.9 | 72.1 | 79.2 | 31.4% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Finland in 2022:
- Estonia (8.2K tons)
- Denmark (7.1K tons)
- Lithuania (3.7K tons)
- Sweden (2.9K tons)
- Latvia (2.9K tons)
- France (2.4K tons)
- Poland (2.1K tons)
- Russia (1.8K tons)
- Italy (1.4K tons)
- Germany (1.2K tons)
- United Kingdom (0.7K tons)
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