China - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Woven Glass Fibre Articles in China - 2021

Contents:

  1. Price for Non-Woven Glass Fibre Articles in China (FOB) - 2022
  2. Price for Non-Woven Glass Fibre Articles in China (CIF) - 2022
  3. Exports of Non-Woven Glass Fibre Articles in China
  4. Imports of Non-Woven Glass Fibre Articles in China

Price for Non-Woven Glass Fibre Articles in China (FOB) - 2022

The average non-woven glass fibre articles export price stood at $1,826 per ton in 2022, declining by -5.9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 45%. As a result, the export price reached the peak level of $2,654 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($2,947 per ton), while the average price for exports to Denmark ($1,389 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 Malaysia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Woven Glass Fibre Articles in China (CIF) - 2022

In 2022, the average non-woven glass fibre articles import price amounted to $11,355 per ton, dropping by -9.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. As a result, import price reached the peak level of $12,566 per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($16,231 per ton), while the price for Egypt ($1,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Woven Glass Fibre Articles in China

In 2022, non-woven glass fibre articles exports from China contracted markedly to 743 kg, which is down by 99.9% on the previous year's figure. Over the period under review, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 3.4% against the previous year.

In value terms, non-woven glass fibre articles exports reduced dramatically to $1.4K in 2022. In general, exports showed a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $402M, and then fell markedly in the following year.

Export of Non-Woven Glass Fibre Articles in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand8.28.612.8N/A24.9%
Russia5.76.29.2N/A27.0%
South Korea12.412.420.6N/A28.9%
Japan13.013.616.4N/A12.3%
United Arab Emirates3.210.613.1N/A102.3%
Vietnam35.135.139.8N/A6.5%
Malaysia12.814.118.1N/A18.9%
United States54.346.345.1N/A-8.9%
India32.824.725.9N/A-11.1%
Indonesia9.77.314.5N/A22.3%
Denmark13.07.64.3N/A-42.5%
Mexico8.95.811.9N/A15.6%
Saudi Arabia5.15.28.7N/A30.6%
Others172142161N/A-3.3%
Total386339402N/A2.1%

Top Export Markets for Non-Woven Glass Fibre Articles from China in 2022:

  1. United States (83.0 kg)
  2. India (56.0 kg)
  3. Vietnam (46.0 kg)
  4. United Arab Emirates (26.0 kg)
  5. Indonesia (25.0 kg)
  6. South Korea (25.0 kg)
  7. Japan (23.0 kg)
  8. Mexico (22.0 kg)
  9. Malaysia (19.0 kg)
  10. Thailand (19.0 kg)
  11. Denmark (18.0 kg)
  12. Saudi Arabia (17.0 kg)
  13. Russia (16.0 kg)

Imports of Non-Woven Glass Fibre Articles in China

In 2022, imports of non-woven glass fibre webs, felts, mattresses and boards into China totaled 9.1K tons, stabilizing at the previous year. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, non-woven glass fibre articles imports shrank to $103M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +42.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year.

Import of Non-Woven Glass Fibre Articles in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22.039.952.045.827.7%
Japan11.914.217.515.49.0%
Germany11.412.813.211.60.6%
United Kingdom5.73.95.54.8-5.6%
South Korea1.11.44.13.648.5%
Taiwan (Chinese)2.12.33.02.67.4%
Finland1.51.82.62.315.3%
Belgium2.33.51.32.1-3.0%
Egypt0.30.70.60.518.6%
Others14.012.213.614.30.7%
Total72.492.711310312.5%

Top Suppliers of Non-Woven Glass Fibre Articles to China in 2022:

  1. United States (2820.8 tons)
  2. Japan (1062.6 tons)
  3. Belgium (947.6 tons)
  4. Taiwan (Chinese) (788.0 tons)
  5. Germany (714.9 tons)
  6. South Korea (514.6 tons)
  7. Egypt (494.8 tons)
  8. United Kingdom (427.7 tons)
  9. Finland (198.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-woven glass fibre articles in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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