Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States - 2024
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States (CIF) - 2024
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States (FOB) - 2024
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States (CIF) - 2024
In December 2023, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,351 per ton, which is down by -2.4% against the previous month. In general, the import price saw a mild reduction. The growth pace was the most rapid in August 2023 an increase of 11% against the previous month. The import price peaked at $2,680 per ton in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Mexico ($3,231 per ton), while the price for Bahrain ($855 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States (FOB) - 2024
In December 2023, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $12,543 per ton, jumping by 24% against the previous month. Over the period from February 2023 to December 2023, it increased at an average monthly rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($23,857 per ton), while the average price for exports to Saudi Arabia ($5,848 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.3%), 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 the United States
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) imported into the United States skyrocketed to 747K tons, with an increase of 29% compared with 2021. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 $1.9B in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +75.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 334 | 311 | 397 | 481 | 12.9% |
| China | 326 | 214 | 290 | 456 | 11.8% |
| Canada | 151 | 166 | 219 | 261 | 20.0% |
| Germany | 69.7 | 48.5 | 74.1 | 107 | 15.4% |
| Taiwan (Chinese) | 91.8 | 51.1 | 59.2 | 81.8 | -3.8% |
| India | 17.8 | 16.6 | 41.9 | 70.9 | 58.5% |
| Malaysia | 47.0 | 35.1 | 36.3 | 66.1 | 12.0% |
| Egypt | 22.6 | 35.8 | 19.4 | 25.9 | 4.6% |
| Bahrain | 16.2 | 18.1 | 18.4 | 25.4 | 16.2% |
| Others | 250 | 186 | 217 | 329 | 9.6% |
| Total | 1,326 | 1,083 | 1,373 | 1,904 | 12.8% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to the United States in 2022:
- China (263.5K tons)
- Mexico (153.2K tons)
- Canada (87.2K tons)
- Malaysia (58.7K tons)
- Taiwan (Chinese) (39.4K tons)
- Germany (18.2K tons)
- India (17.6K tons)
- Bahrain (14.8K tons)
- Egypt (11.6K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States
In 2022, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from the United States shrank remarkably to 190K tons, waning by -42% compared with 2021. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 329K tons, and then reduced rapidly in the following year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) reached $1.4B in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 359 | 317 | 431 | 432 | 6.4% |
| Canada | 341 | 316 | 367 | 403 | 5.7% |
| China | 83.7 | 87.8 | 97.9 | 96.1 | 4.7% |
| Japan | 69.1 | 75.1 | 65.2 | 64.9 | -2.1% |
| United Kingdom | 42.2 | 49.7 | 46.0 | 45.5 | 2.5% |
| Germany | 43.0 | 27.5 | 44.6 | 40.1 | -2.3% |
| Belgium | 30.6 | 23.3 | 30.5 | 27.6 | -3.4% |
| South Korea | 40.6 | 36.8 | 27.8 | 26.2 | -13.6% |
| Turkey | 10.8 | 9.6 | 19.6 | 13.0 | 6.4% |
| Others | 268 | 215 | 244 | 225 | -5.7% |
| Total | 1,289 | 1,158 | 1,373 | 1,374 | 2.2% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from the United States in 2022:
- Canada (75.7K tons)
- Mexico (66.6K tons)
- China (7.6K tons)
- United Kingdom (6.4K tons)
- Belgium (4.5K tons)
- Turkey (3.9K tons)
- Japan (2.2K tons)
- Germany (2.2K tons)
- South Korea (1.8K tons)
503
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in the U.S..
326
This report provides an in-depth analysis of the market for glass fibre chopped strand in the U.S..
292
This report provides an in-depth analysis of the glass fibre mat market in the U.S..
187
This report provides an in-depth analysis of the glass fibre filament market in the U.S..
283
This report provides an in-depth analysis of the market for glass fibre and article in the U.S..
388
This report provides an in-depth analysis of the market for staple glass fibre articles in the USA.
542
This report provides an in-depth analysis of the glass fibre fabrics market in the U.S..
436
This report provides an in-depth analysis of the glass fiber market in the U.S..
321
This report provides an in-depth analysis of the filament mat market in the USA.
404
This report provides an in-depth analysis of the glass wool mat market in the USA.
534
Learn how to enter the glass fiber market in the United States with this comprehensive guide. Discover official data sources, assistance from local authorities, and valuable information to help you start a successful business in the glass fiber industry.
169
In Feb. 2023, the price for knotted carpet per square meter (CIF, US) was $68.0, increasing by 14% compared to the month before.
665
In March 2023, the tractor price stood at $34,534 per unit (CIF, US), which is down by -1.6% against the previous month.
1050
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
821
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
801
2020 was a serious test for the glass fibre market. The fall in production was extreme in April 2020. Still, demand began to recover in the second half of the year thanks to a recovery in the composite consumer goods sector. Chinese glass fibres and glass fibre articles became more expensive in the strengthening of the yuan and, also, hit by the European Union's anti-dumping duties.
1043
In value terms, carded and combed artificial staple fibres imports amounted to $X in 2016. Overall, carded and combed artificial staple fibres imports continue to indicate a abrupt curtailment. Over...
1154
In value terms, carded and combed artificial staple fibres exports amounted to $X in 2016. Overall, carded and combed artificial staple fibres exports continue to indicate a deep decrease. Global ca...
1348
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1718
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
