Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Poland - 2023

Contents:

  1. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Poland (CIF) - 2022
  2. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Poland (FOB) - 2022
  3. Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Poland
  4. Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Poland

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Poland (CIF) - 2022

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,367 per ton, with an increase of 5.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 15% against the previous year. The import price peaked at $2,377 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,151 per ton), while the price for Finland ($1,238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+6.7%), 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 Poland (FOB) - 2022

The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,697 per ton in 2022, increasing by 2.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19% against the previous year. The export price peaked at $2,783 per ton in 2014; however, from 2015 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 the UK ($6,529 per ton), while the average price for exports to Slovakia ($1,375 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 Hungary (+5.6%), 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 Poland

In 2022, approx. 193K tons of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) were imported into Poland; increasing by 9.8% compared with 2021 figures. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $456M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of hit record highs 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 Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic51.056.164.382.217.2%
China38.127.845.064.919.4%
Germany35.045.455.461.220.5%
Belgium12.731.031.935.340.6%
France18.110.420.628.816.7%
Belarus10.710.514.116.515.5%
Latvia8.55.57.914.218.7%
Egypt12.49.811.513.93.9%
Italy9.47.08.09.91.7%
Turkey2.02.37.39.065.1%
Slovakia9.012.312.49.00.0%
Malaysia3.85.27.35.815.1%
Finland0.90.41.14.571.0%
Others96.087.21081011.7%
Total30731139545614.1%

Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Poland in 2022:

  1. Czech Republic (46.4K tons)
  2. China (23.1K tons)
  3. Germany (19.4K tons)
  4. Belgium (13.6K tons)
  5. France (13.4K tons)
  6. Belarus (10.7K tons)
  7. Egypt (9.5K tons)
  8. Latvia (5.6K tons)
  9. Turkey (5.0K tons)
  10. Slovakia (4.8K tons)
  11. Italy (4.0K tons)
  12. Finland (3.6K tons)
  13. Malaysia (3.4K tons)

Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Poland

For the fourth year in a row, Poland recorded growth in overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), which increased by 12% to 77K tons in 2022. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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) expanded rapidly to $208M in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 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 Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic23.224.025.226.44.4%
Germany18.721.426.025.410.7%
Italy8.38.512.314.721.0%
United Kingdom12.27.511.113.43.2%
Denmark13.214.412.113.1-0.3%
Sweden13.712.013.312.5-3.0%
Slovakia9.37.29.610.02.4%
Austria8.48.89.79.74.9%
France12.05.88.99.4-7.8%
Russia3.63.44.26.421.1%
Hungary2.52.84.35.530.1%
Spain2.73.95.84.720.3%
Ukraine1.82.32.54.333.7%
Others32.732.837.452.817.3%
Total1621551822088.7%

Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Poland in 2022:

  1. Czech Republic (13.2K tons)
  2. Slovakia (7.2K tons)
  3. Austria (6.9K tons)
  4. Germany (6.2K tons)
  5. Sweden (4.7K tons)
  6. Denmark (4.5K tons)
  7. Italy (4.3K tons)
  8. Hungary (3.4K tons)
  9. France (3.4K tons)
  10. Ukraine (2.4K tons)
  11. United Kingdom (2.1K tons)
  12. Russia (1.8K tons)
  13. Spain (1.8K tons)

Source: IndexBox Market Intelligence Platform

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