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

Contents:

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

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

The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $1,798 per ton in 2022, with an increase of 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($1,952 per ton), while the average price for exports to Romania ($1,092 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 (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,869 per ton in 2022, with an increase of 18% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($5,162 per ton), while the price for Romania ($1,298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, shipments abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -6.9% to 30K tons in 2022. The total export volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) rose markedly to $54M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.59.010.513.126.3%
Hungary4.48.08.08.424.1%
Austria5.96.38.27.26.9%
Germany2.12.95.94.528.9%
Bosnia and Herzegovina2.32.53.23.717.2%
Serbia1.92.13.03.421.4%
Croatia1.81.71.72.03.6%
Romania1.92.71.61.7-3.6%
Others8.18.77.89.96.9%
Total34.843.949.953.915.7%

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

  1. Italy (7.9K tons)
  2. Hungary (6.9K tons)
  3. Austria (4.0K tons)
  4. Serbia (3.0K tons)
  5. Bosnia and Herzegovina (1.9K tons)
  6. Romania (1.5K tons)
  7. Croatia (1.5K tons)
  8. Germany (0.6K tons)

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

In 2022, supplies from abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -11.9% to 18K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, 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 19%. As a result, imports attained the peak of 20K tons, and then dropped in the following year.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) totaled $51M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +44.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. 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 Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.55.36.86.9-10.1%
Czech Republic5.25.96.96.89.4%
Taiwan (Chinese)0.31.31.54.0137.1%
China0.82.24.53.969.6%
Finland1.31.62.63.133.6%
Latvia2.61.91.62.3-4.0%
Turkey0.50.71.11.750.4%
Hungary0.51.41.71.750.4%
Poland0.61.01.21.535.7%
Belgium0.70.71.01.528.9%
Romania0.20.71.31.491.3%
South KoreaN/A0.80.31.432.3%
Slovakia1.51.21.21.0-12.6%
Others11.312.516.813.86.9%
Total35.037.348.650.713.1%

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

  1. Czech Republic (4.0K tons)
  2. Taiwan (Chinese) (1.6K tons)
  3. Germany (1.6K tons)
  4. Turkey (1.2K tons)
  5. Romania (1.1K tons)
  6. China (1.1K tons)
  7. Latvia (0.8K tons)
  8. Hungary (0.7K tons)
  9. South Korea (0.7K tons)
  10. Finland (0.6K tons)
  11. Poland (0.5K tons)
  12. Belgium (0.5K tons)
  13. Slovakia (0.4K tons)

Source: IndexBox Market Intelligence Platform

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