Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,563 per ton in 2022, rising by 9.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,118 per ton), while the price for Egypt ($1,390 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), 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 Italy (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $3,834 per ton in 2022, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2021 when the average export price increased by 15%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($7,305 per ton), while the average price for exports to Belgium ($2,345 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 Turkey (+14.6%), 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 Italy
In 2022, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Italy rose remarkably to 263K tons, picking up by 13% against the previous year's figure. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $673M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +78.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 44.7 | 37.2 | 60.4 | 76.7 | 19.7% |
| China | 34.5 | 32.5 | 50.2 | 71.0 | 27.2% |
| Germany | 45.5 | 42.4 | 61.5 | 67.8 | 14.2% |
| France | 34.5 | 34.3 | 47.3 | 61.2 | 21.1% |
| Czech Republic | 22.7 | 22.0 | 34.9 | 41.9 | 22.7% |
| Malaysia | 9.5 | 11.6 | 26.0 | 36.2 | 56.2% |
| Slovakia | 25.3 | 23.5 | 25.1 | 35.0 | 11.4% |
| Egypt | 27.2 | 18.7 | 16.7 | 22.6 | -6.0% |
| Turkey | 6.6 | 11.3 | 19.5 | 21.2 | 47.5% |
| Hungary | 7.5 | 6.0 | 12.7 | 17.5 | 32.6% |
| Slovenia | 7.8 | 9.9 | 12.2 | 12.8 | 18.0% |
| Romania | 3.5 | 2.6 | 5.8 | 11.8 | 49.9% |
| Taiwan (Chinese) | 5.8 | 3.9 | 6.6 | 10.1 | 20.3% |
| Others | 155 | 122 | 167 | 188 | 6.6% |
| Total | 430 | 378 | 545 | 673 | 16.1% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Italy in 2022:
- Belgium (41.5K tons)
- China (25.7K tons)
- Malaysia (25.2K tons)
- France (24.4K tons)
- Slovakia (20.1K tons)
- Germany (16.5K tons)
- Egypt (16.3K tons)
- Czech Republic (15.9K tons)
- Turkey (12.7K tons)
- Slovenia (7.5K tons)
- Taiwan (Chinese) (4.5K tons)
- Hungary (4.3K tons)
- Romania (4.0K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Italy
In 2022, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Italy reduced slightly to 88K tons, with a decrease of -4.8% against the previous year's figure. Over the period under review, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9%.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) totaled $338M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; 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 19% against the previous year. Over the period under review, the exports of reached the maximum in 2022 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 35.3 | 30.4 | 41.0 | 47.8 | 10.6% |
| France | 47.2 | 43.0 | 44.1 | 36.5 | -8.2% |
| South Korea | 13.8 | 23.0 | 18.1 | 27.4 | 25.7% |
| United States | 11.7 | 10.4 | 14.0 | 22.6 | 24.5% |
| Spain | 20.6 | 18.9 | 24.0 | 22.3 | 2.7% |
| United Kingdom | 9.5 | 7.1 | 12.5 | 14.2 | 14.3% |
| Poland | 16.7 | 13.7 | 14.8 | 12.7 | -8.7% |
| Belgium | 5.5 | 6.0 | 8.0 | 12.1 | 30.1% |
| Turkey | 6.9 | 6.6 | 10.7 | 11.0 | 16.8% |
| Czech Republic | 10.2 | 9.8 | 9.9 | 8.6 | -5.5% |
| Portugal | 6.2 | 5.2 | 6.7 | 7.0 | 4.1% |
| Romania | 5.4 | 5.6 | 5.9 | 6.3 | 5.3% |
| Croatia | 2.9 | 2.3 | 5.8 | 6.3 | 29.5% |
| Others | 75.7 | 82.1 | 98.6 | 103 | 10.8% |
| Total | 268 | 264 | 314 | 338 | 8.0% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Italy in 2022:
- Germany (16.0K tons)
- France (12.7K tons)
- Spain (8.1K tons)
- South Korea (7.2K tons)
- Belgium (5.1K tons)
- United States (5.0K tons)
- Poland (4.3K tons)
- United Kingdom (3.8K tons)
- Croatia (2.6K tons)
- Czech Republic (2.3K tons)
- Romania (1.6K tons)
- Turkey (1.5K tons)
- Portugal (1.5K tons)
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