Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway - 2024
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,784 per ton, picking up by 3.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $3,877 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($12,586 per ton), while the price for Egypt ($1,349 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+12.2%), 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 Norway (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $1,284 per ton in 2022, flattening at the previous year. In general, the export price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 5% against the previous year. Over the period under review, the average export prices attained the maximum at $1,564 per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 Hungary ($1,818 per ton), while the average price for exports to the Czech Republic ($375 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 (+1.0%), 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 Norway
For the fourth year in a row, Norway recorded growth in purchases abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), which increased by 7.7% to 23K tons in 2022. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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) amounted to $87M in 2022. The total import value increased at an average annual rate of +10.0% 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 when imports increased by 20%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.7 | 10.2 | 15.5 | 18.4 | 19.8% |
| Germany | 7.8 | 8.6 | 9.7 | 10.2 | 9.4% |
| United Kingdom | 6.2 | 6.3 | 8.1 | 9.5 | 15.3% |
| Sweden | 8.8 | 9.8 | 10.2 | 9.4 | 2.2% |
| Lithuania | 2.3 | 3.1 | 4.0 | 5.3 | 32.1% |
| Belgium | 3.5 | 3.4 | 4.4 | 4.4 | 7.9% |
| Czech Republic | 4.1 | 3.6 | 3.5 | 3.9 | -1.7% |
| France | 3.0 | 2.6 | 3.3 | 3.6 | 6.3% |
| Poland | 3.0 | 1.9 | 2.3 | 2.5 | -5.9% |
| Finland | 1.1 | 0.7 | 1.1 | 1.5 | 10.9% |
| Slovakia | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
| Egypt | 0.4 | 0.6 | 0.6 | 0.5 | 7.7% |
| Russia | 0.9 | 1.3 | 0.9 | 0.2 | -39.4% |
| Others | 12.8 | 11.8 | 13.2 | 16.3 | 8.4% |
| Total | 65.0 | 64.4 | 77.5 | 86.5 | 10.0% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Norway in 2022:
- China (7.3K tons)
- United Kingdom (7.0K tons)
- Sweden (1.9K tons)
- Germany (1.1K tons)
- Poland (0.8K tons)
- France (0.6K tons)
- Slovakia (0.5K tons)
- Egypt (0.4K tons)
- Finland (0.4K tons)
- Lithuania (0.4K tons)
- Belgium (0.4K tons)
- Czech Republic (0.3K tons)
- Russia (0.1K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway
In 2022, approx. 56K tons of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) were exported from Norway; picking up by 4.8% compared with 2021 figures. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) totaled $71M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.8 | 17.6 | 18.2 | 18.9 | -7.4% |
| Belgium | 14.0 | 7.5 | 7.0 | 13.0 | -2.4% |
| Turkey | 5.2 | 8.2 | 9.4 | 7.9 | 15.0% |
| Spain | 3.5 | 1.5 | 3.0 | 5.2 | 14.1% |
| Portugal | 0.7 | 2.3 | 4.6 | 5.1 | 93.9% |
| Finland | 5.8 | 10.2 | 6.8 | 3.6 | -14.7% |
| Hungary | 1.8 | 1.6 | 2.7 | 2.8 | 15.9% |
| France | 1.7 | 0.9 | 1.5 | 1.8 | 1.9% |
| Czech Republic | 0.1 | N/A | 0.6 | 0.9 | 108.0% |
| Others | 10.6 | 7.3 | 13.5 | 12.1 | 4.5% |
| Total | 67.1 | 57.1 | 67.2 | 71.4 | 2.1% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Norway in 2022:
- Germany (21.6K tons)
- Belgium (9.2K tons)
- Turkey (4.6K tons)
- Spain (3.8K tons)
- Portugal (3.4K tons)
- Finland (2.5K tons)
- Czech Republic (2.4K tons)
- France (2.3K tons)
- Hungary (1.5K tons)
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