Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,670 per ton in 2022, rising by 6.6% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 8.9% against the previous year. Over the period under review, average import prices hit record highs at $3,239 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,640 per ton), while the price for Belgium ($1,819 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+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 Portugal (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $3,784 per ton in 2022, surging by 32% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The export price peaked at $4,592 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,620 per ton), while the average price for exports to Germany ($1,876 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 France (+5.9%), 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 Portugal
For the fourth year in a row, Portugal recorded growth in supplies from abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), which increased by 4.5% to 34K tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +74.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Imports peaked in 2022 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) rose remarkably to $91M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.4 | 11.7 | 15.5 | 27.0 | 37.4% |
| Belgium | 3.9 | 5.6 | 8.4 | 16.8 | 62.7% |
| France | 5.2 | 4.7 | 8.3 | 9.0 | 20.1% |
| Germany | 9.8 | 6.7 | 7.7 | 6.4 | -13.2% |
| United Kingdom | 3.3 | 4.1 | 7.3 | 5.9 | 21.4% |
| Turkey | 0.3 | 1.8 | 4.3 | 5.7 | 166.8% |
| Czech Republic | 3.5 | 2.5 | 4.4 | 4.8 | 11.1% |
| China | 2.6 | 2.4 | 3.9 | 2.7 | 1.3% |
| Others | 11.3 | 10.2 | 21.6 | 12.4 | 3.1% |
| Total | 50.4 | 49.5 | 81.4 | 90.7 | 21.6% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Portugal in 2022:
- Spain (9.8K tons)
- Belgium (9.2K tons)
- United Kingdom (3.0K tons)
- Turkey (2.9K tons)
- Germany (1.9K tons)
- France (1.6K tons)
- Czech Republic (1.4K tons)
- China (0.8K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal
In 2022, after three years of growth, there was significant decline in overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), when their volume decreased by -25.6% to 4.9K tons. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 110%.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) dropped to $19M in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.4 | 6.3 | 10.4 | 9.1 | 55.9% |
| France | 0.1 | 1.8 | 1.1 | 3.2 | 217.5% |
| Italy | N/A | 0.2 | 0.4 | 0.6 | 73.2% |
| United Kingdom | N/A | 0.4 | 1.0 | 0.5 | 11.8% |
| Belgium | N/A | N/A | 0.5 | 0.5 | 0.0% |
| India | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Netherlands | N/A | 0.3 | 0.3 | 0.3 | 0.0% |
| Brazil | 0.5 | 1.7 | 0.4 | 0.2 | -26.3% |
| Germany | 2.7 | 1.2 | 1.3 | 0.2 | -58.0% |
| Others | 1.8 | 2.4 | 3.7 | 3.6 | 26.0% |
| Total | 7.7 | 14.3 | 19.1 | 18.7 | 34.4% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Portugal in 2022:
- Spain (3372.2 tons)
- France (375.5 tons)
- United Kingdom (190.4 tons)
- Netherlands (132.1 tons)
- Germany (107.7 tons)
- Italy (91.1 tons)
- Belgium (88.4 tons)
- India (83.5 tons)
- Brazil (61.3 tons)
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