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

Contents:

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

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

The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,708 per ton in 2022, growing by 11% against the previous year. Over the period from 2012 to 2022, 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.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,909 per ton), while the average price for exports to Slovenia ($1,258 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 Germany (+4.9%), 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 the Czech Republic (CIF) - 2022

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,745 per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2013 an increase of 19%. The import price peaked at $2,778 per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($7,065 per ton), while the price for Bahrain ($1,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+14.4%), 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 the Czech Republic

In 2022, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from the Czech Republic was estimated at 223K tons, picking up by 2.9% on 2021. The total export volume increased at an average annual rate of +4.7% 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 6.5% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $603M in 2022. The total export value increased at an average annual rate of +11.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports of attained the maximum 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 the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10111012213510.2%
Poland54.258.364.582.114.8%
France32.931.340.346.612.3%
Italy25.527.839.645.521.3%
Slovakia27.927.227.731.33.9%
Austria20.123.527.929.613.8%
United Kingdom20.618.423.524.35.7%
Hungary13.513.817.821.216.2%
Spain10.710.412.615.813.9%
Lithuania8.79.011.813.716.3%
Latvia7.86.99.413.319.5%
Croatia6.16.58.89.716.7%
Slovenia5.96.37.78.111.1%
Others95.71041171279.9%
Total43045453060311.9%

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

  1. Poland (48.2K tons)
  2. Germany (39.7K tons)
  3. Italy (14.1K tons)
  4. Slovakia (13.7K tons)
  5. Austria (12.8K tons)
  6. France (11.9K tons)
  7. Hungary (11.7K tons)
  8. Lithuania (6.9K tons)
  9. Slovenia (6.4K tons)
  10. United Kingdom (6.3K tons)
  11. Latvia (5.9K tons)
  12. Croatia (5.7K tons)
  13. Spain (4.5K tons)

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

In 2022, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into the Czech Republic surged to 74K tons, with an increase of 20% against 2021 figures. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak 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) surged to $202M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany38.534.643.242.13.0%
Poland15.823.427.530.224.1%
China10.54.07.121.827.6%
Belgium7.213.114.517.835.2%
Taiwan (Chinese)4.33.05.311.538.8%
Austria10.78.09.79.8-2.9%
Slovakia8.07.010.28.20.8%
France10.08.19.28.1-6.8%
United Kingdom5.03.52.54.2-5.6%
Belarus2.81.42.63.810.7%
Mexico5.13.33.73.7-10.1%
BahrainN/AN/A0.13.02900.0%
Russia5.86.13.72.1-28.7%
Others30.523.230.536.36.0%
Total1541391702029.5%

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

  1. Poland (14.5K tons)
  2. Germany (13.0K tons)
  3. Belgium (8.9K tons)
  4. China (8.5K tons)
  5. Taiwan (Chinese) (4.9K tons)
  6. Slovakia (4.8K tons)
  7. Belarus (2.0K tons)
  8. France (2.0K tons)
  9. Bahrain (1.9K tons)
  10. United Kingdom (1.6K tons)
  11. Austria (1.4K tons)
  12. Russia (0.9K tons)
  13. Mexico (0.8K tons)

Source: IndexBox Market Intelligence Platform

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