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

Turkey - 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 Turkey - 2021

Contents:

  1. Price for Non-Woven Glass Fibre Articles in Turkey (FOB) - 2021
  2. Price for Non-Woven Glass Fibre Articles in Turkey (CIF) - 2022
  3. Exports of Non-Woven Glass Fibre Articles in Turkey
  4. Imports of Non-Woven Glass Fibre Articles in Turkey

Price for Non-Woven Glass Fibre Articles in Turkey (FOB) - 2021

In December 2021, the average non-woven glass fibre articles export price amounted to $1,083 per ton, growing by 2.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2021 when the average export price increased by 3.5% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,208 per ton in December 2020; however, from January 2021 to December 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Poland ($1,388 per ton), while the average price for exports to Romania ($642 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average non-woven glass fibre articles import price amounted to $5,012 per ton, falling by -10.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $5,592 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12,455 per ton), while the price for Lithuania ($1,881 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Woven Glass Fibre Articles in Turkey

In 2022, approx. 37K tons of non-woven glass fibre webs, felts, mattresses and boards were exported from Turkey; shrinking by -8.6% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21%. As a result, the exports reached the peak of 40K tons, and then fell in the following year.

In value terms, non-woven glass fibre articles exports reduced to $41M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. As a result, the exports attained the peak of $45M, and then contracted in the following year.

Export of Non-Woven Glass Fibre Articles in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel7.27.98.97.51.4%
Romania2.13.04.13.518.6%
Bulgaria1.31.23.93.235.0%
Egypt3.83.02.92.7-10.8%
Greece3.32.51.21.9-16.8%
Australia2.41.71.91.6-12.6%
ThailandN/A1.42.01.66.9%
Poland0.10.41.41.2128.9%
Iraq0.60.91.31.122.4%
Serbia0.60.61.21.018.6%
Georgia1.01.10.80.8-7.2%
Russia0.30.31.00.838.7%
Japan1.01.00.60.7-11.2%
Others15.911.913.413.1-6.3%
Total39.836.944.640.80.8%

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

  1. Israel (6.9K tons)
  2. Romania (4.6K tons)
  3. Bulgaria (3.5K tons)
  4. Egypt (2.3K tons)
  5. Australia (2.3K tons)
  6. Greece (1.7K tons)
  7. Thailand (1.7K tons)
  8. Serbia (1.1K tons)
  9. Russia (1.0K tons)
  10. Iraq (0.9K tons)
  11. Georgia (0.8K tons)
  12. Poland (0.8K tons)
  13. Japan (0.8K tons)

Imports of Non-Woven Glass Fibre Articles in Turkey

In 2022, overseas purchases of non-woven glass fibre webs, felts, mattresses and boards decreased by -8.5% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 4.2K tons, and then dropped in the following year.

In value terms, non-woven glass fibre articles imports fell significantly to $19M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +28.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $24M, and then fell remarkably in the following year.

Import of Non-Woven Glass Fibre Articles in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.02.08.46.529.4%
China4.25.47.65.912.0%
Germany1.82.32.51.91.8%
Italy1.41.22.31.88.7%
Poland3.40.2N/A0.9-35.8%
Spain0.51.20.40.50.0%
LithuaniaN/A0.50.10.1-55.3%
RussiaN/A0.30.1N/A-66.7%
Others2.12.02.21.7-6.8%
Total16.415.123.619.45.8%

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

  1. China (1464.8 tons)
  2. France (956.7 tons)
  3. Germany (628.5 tons)
  4. Poland (289.2 tons)
  5. Italy (143.1 tons)
  6. Spain (87.5 tons)
  7. Lithuania (78.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-woven glass fibre articles in Turkey. 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:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • 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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