Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland - 2024
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland (CIF) - 2024
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland (CIF) - 2024
In January 2024, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,077 per ton, picking up by 23% against the previous month. Overall, the import price, however, saw a pronounced decrease. The growth pace was the most rapid in March 2023 when the average import price increased by 31% month-to-month. Over the period under review, average import prices attained the peak figure at $4,559 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($9,284 per ton), while the price for France ($1,479 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), 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 Switzerland (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,082 per ton, with an increase of 10% against the previous year. In general, the export price, however, saw a slight descent. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. Over the period under review, the average export prices reached the maximum at $4,966 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($6,908 per ton), while the average price for exports to the Netherlands ($842 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 the UK (+4.9%), 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 Switzerland
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) imported into Switzerland fell to 47K tons, reducing by -12.6% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, imports attained the peak of 54K tons, and then contracted in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) declined to $143M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of $146M, and then reduced slightly in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 41.1 | 41.1 | 49.7 | 53.7 | 9.3% |
| France | 23.5 | 23.6 | 30.7 | 28.6 | 6.8% |
| China | 15.5 | 12.6 | 20.5 | 20.6 | 9.9% |
| Italy | 5.0 | 4.6 | 6.0 | 6.3 | 8.0% |
| Czech Republic | 3.8 | 4.0 | 4.5 | 4.7 | 7.3% |
| Belgium | 4.2 | 2.8 | 4.9 | 3.8 | -3.3% |
| United Kingdom | 2.1 | 2.1 | 2.9 | 3.2 | 15.1% |
| Netherlands | 1.7 | 2.1 | 2.4 | 2.4 | 12.2% |
| Others | 15.1 | 15.2 | 24.9 | 19.4 | 8.7% |
| Total | 112 | 108 | 146 | 143 | 8.5% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Switzerland in 2022:
- France (17.5K tons)
- Germany (10.7K tons)
- China (8.7K tons)
- Belgium (1.8K tons)
- Netherlands (1.2K tons)
- Italy (1.2K tons)
- Czech Republic (1.2K tons)
- United Kingdom (0.8K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Switzerland declined to 22K tons, dropping by -11.6% on 2021 figures. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) shrank modestly to $69M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. As a result, the exports reached the peak of $71M, and then dropped slightly in the following year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.8 | 14.6 | 23.3 | 18.1 | -4.5% |
| Germany | 9.8 | 10.2 | 11.5 | 13.1 | 10.2% |
| Austria | 4.5 | 4.2 | 4.5 | 5.4 | 6.3% |
| United Kingdom | 3.6 | 3.6 | 3.5 | 4.3 | 6.1% |
| Italy | 3.7 | 3.1 | 3.2 | 3.8 | 0.9% |
| Netherlands | 3.1 | 2.2 | 2.6 | 3.0 | -1.1% |
| Czech Republic | 1.2 | 1.2 | 1.3 | 1.4 | 5.3% |
| Others | 17.6 | 17.0 | 20.6 | 19.9 | 4.2% |
| Total | 64.3 | 56.1 | 70.6 | 68.9 | 2.3% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Switzerland in 2022:
- France (9.5K tons)
- Netherlands (3.6K tons)
- Austria (3.2K tons)
- Germany (2.2K tons)
- Italy (1.0K tons)
- United Kingdom (0.6K tons)
- Czech Republic (0.4K tons)
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