Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel - 2024
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel (CIF) - 2024
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel (FOB) - 2024
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel (CIF) - 2024
In January 2024, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,598 per ton, shrinking by -5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 51% against the previous month. As a result, import price attained the peak level of $5,476 per ton. From April 2023 to January 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the UK ($12,463 per ton), while the price for China ($2,064 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Spain (+8.3%), 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 Israel (FOB) - 2024
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $10,244 per ton in January 2024, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 120% m-o-m. The export price peaked at $16,817 per ton in August 2023; however, from September 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Slovenia ($12,093 per ton), while the average price for exports to Cyprus ($2,966 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.0%), 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 Israel
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Israel contracted to 21K tons in 2022, dropping by -8.5% compared with 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports reached the peak of 23K tons, and then reduced in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $79M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +70.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Imports peaked 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 Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 9.6 | 10.4 | 14.0 | 18.7 | 24.9% |
| China | 9.4 | 7.2 | 16.8 | 17.4 | 22.8% |
| Sweden | 5.4 | 6.1 | 7.3 | 12.3 | 31.6% |
| United States | 13.2 | 9.3 | 7.2 | 6.0 | -23.1% |
| Belgium | 1.1 | 1.6 | 0.1 | 3.4 | 45.7% |
| Japan | 2.7 | 2.7 | 1.0 | 3.2 | 5.8% |
| Germany | 0.8 | 1.2 | 1.9 | 2.3 | 42.2% |
| France | 1.1 | 1.6 | 1.7 | 2.2 | 26.0% |
| United Kingdom | 1.2 | 1.2 | 1.1 | 1.9 | 16.6% |
| Spain | 0.3 | 0.4 | 1.3 | 1.8 | 81.7% |
| Others | 4.7 | 4.3 | 8.7 | 9.3 | 25.5% |
| Total | 49.3 | 45.9 | 61.1 | 78.5 | 16.8% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Israel in 2022:
- China (6.1K tons)
- Turkey (3.9K tons)
- Sweden (3.5K tons)
- Japan (1.9K tons)
- United States (0.8K tons)
- Belgium (0.7K tons)
- France (0.5K tons)
- Spain (0.5K tons)
- United Kingdom (0.3K tons)
- Germany (0.3K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel
In 2022, approx. 2.3K tons of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) were exported from Israel; jumping by 761% against 2021 figures. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $10M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 282 | 321 | 241 | 8,710 | 213.8% |
| United States | 11.0 | 357 | 241 | 653 | 290.1% |
| Slovenia | N/A | 160 | 58.0 | 581 | 90.6% |
| Germany | 22.0 | 100 | 134 | 44.0 | 26.0% |
| Turkey | N/A | N/A | 151 | N/A | 0% |
| Others | 204 | 228 | 332 | 413 | 26.5% |
| Total | 519 | 1,166 | 1,157 | 10,401 | 171.6% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Israel in 2022:
- Japan (2097.0 tons)
- United States (82.2 tons)
- Slovenia (68.0 tons)
- Germany (5.3 tons)
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