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

Contents:

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

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

In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $7,437 per ton, increasing by 17% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $8,479 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 China ($24,475 per ton), while the average price for exports to Denmark ($3,135 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 China (+6.8%), 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 Sweden (CIF) - 2022

The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $3,691 per ton in 2022, picking up by 6.6% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2016 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $6,029 per ton in 2012; however, from 2013 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 China ($13,546 per ton), while the price for Egypt ($1,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), 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 Sweden

In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Sweden fell to 29K tons, with a decrease of -9.8% against 2021. In general, exports showed a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 4% against the previous year.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) expanded sharply to $215M in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.09.522.737.8111.4%
Germany26.336.136.035.210.2%
Denmark22.021.124.528.18.5%
United Kingdom15.411.214.612.7-6.2%
France19.514.413.111.5-16.1%
Norway10.511.012.110.91.3%
Netherlands5.811.29.410.421.5%
Israel5.35.48.29.019.3%
Poland5.55.96.05.92.4%
Finland6.86.17.15.9-4.6%
Belgium7.113.38.64.4-14.7%
Ireland1.21.11.62.731.0%
India1.20.81.12.629.4%
Others37.435.037.937.90.4%
Total1681822032158.6%

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

  1. Denmark (8.9K tons)
  2. United Kingdom (2.8K tons)
  3. Germany (2.4K tons)
  4. Norway (2.4K tons)
  5. France (1.9K tons)
  6. Israel (1.6K tons)
  7. China (1.5K tons)
  8. Finland (1.2K tons)
  9. Poland (1.0K tons)
  10. Netherlands (0.9K tons)
  11. India (0.5K tons)
  12. Belgium (0.5K tons)
  13. Ireland (0.4K tons)

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

Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Sweden was estimated at 46K tons in 2022, picking up by 2.8% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 3.8% against the previous year. Over the period under review, imports of attained the peak figure 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) totaled $170M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.8%. 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 Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.927.630.435.77.3%
Denmark28.627.930.730.52.2%
China11.09.416.119.521.0%
United Kingdom11.09.711.513.36.5%
Poland13.612.312.810.4-8.6%
Finland12.59.09.810.2-6.6%
Belgium5.85.27.49.417.5%
France6.46.35.78.18.2%
Norway9.511.410.16.0-14.2%
Italy1.62.12.65.046.2%
Czech Republic2.72.33.04.821.1%
Netherlands3.03.63.34.615.3%
Egypt2.22.02.11.6-10.1%
Others18.412.610.010.9-16.0%
Total1551411551703.1%

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

  1. Denmark (9.0K tons)
  2. United Kingdom (7.9K tons)
  3. Germany (5.1K tons)
  4. Poland (4.0K tons)
  5. Belgium (3.7K tons)
  6. Norway (3.7K tons)
  7. Finland (3.0K tons)
  8. France (1.6K tons)
  9. Egypt (1.4K tons)
  10. China (1.4K tons)
  11. Czech Republic (0.9K tons)
  12. Italy (0.8K tons)
  13. Netherlands (0.7K tons)

Source: IndexBox Market Intelligence Platform

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