Asia: Glass Wool Voile Market 2020

Glass Wool Voile Market Size in Asia

The revenue of the glass wool voile market in Asia amounted to $X in 2017, going up by X% against the previous year. The total market indicated a moderate growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass wool voile consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. Over the period under review, the glass wool voile market reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Glass Wool Voile Production in Asia

In 2017, approx. X tons of glass fibre voiles made of glass wool were produced in Asia; shrinking by -X% against the previous year. The glass wool voile production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. The volume of glass wool voile production peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Glass Wool Voile Exports in Asia

In 2017, exports of glass fibre voiles made of glass wool in Asia totaled X tons, going down by -X% against the previous year. The glass wool voile exports continue to indicate a temperate decline. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. In that year, the glass wool voile exports reached their peak volume of X tons. From 2011 to 2017, growth of the glass wool voile exports stood at a somewhat lower level.

In value terms, glass wool voile exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations over the period under review. In that year, the glass wool voile exports attained their peak level of $X. From 2011 to 2017, growth of the glass wool voile exports stood at a somewhat lower level.

Glass Wool Voile Exports by Country in Asia

China prevails in glass wool voile exports structure, amounting to X tons, which was approx. X% of total exports in 2017. It was distantly followed by South Korea (X tons) and Kuwait (X tons), together constituting X% share of total exports. Taiwan, Chinese (X tons), Malaysia (X tons), Saudi Arabia (X tons), Thailand (X tons), the United Arab Emirates (X tons), Turkey (X tons), Syrian Arab Republic (X tons), India (X tons) and Japan (X tons) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Kuwait (+X%), Taiwan, Chinese (+X%), South Korea (+X%) and Syrian Arab Republic (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Thailand experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%), Japan (-X%), Malaysia (-X%), Saudi Arabia (-X%), Turkey (-X%) and India (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India, China, Saudi Arabia, Turkey and Malaysia increased by X%, X%, X%, X% and X% percentage points, while Taiwan, Chinese (-X%), South Korea (-X%) and Kuwait (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest glass wool voile supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan, Chinese (+X% per year) and Malaysia (-X% per year).

Glass Wool Voile Export Prices by Country in Asia

The glass wool voile export price in Asia stood at $X per ton in 2017, surging by X% against the previous year. The export price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass wool voile export price decreased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the export prices for glass fibre voiles made of glass wool reached its maximum level in 2017, and is expected to retain its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per kg), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Syrian Arab Republic (+X% per year), while the other leaders experienced more modest paces of growth.

Glass Wool Voile Imports in Asia

In 2017, the amount of glass fibre voiles made of glass wool imported in Asia amounted to X tons, standing approx. at the previous year. The glass wool voile imports continue to indicate a measured reduction. The pace of growth was the most pronounced in 2008, when imports increased by X% year-to-year. In that year, the glass wool voile imports reached their peak volume of X tons. From 2009 to 2017, growth of the glass wool voile imports failed to regain its momentum.

In value terms, glass wool voile imports stood at $X in 2017. The glass wool voile imports continue to indicate a relatively flat trend pattern. In that year, the glass wool voile imports attained their peak level of $X. From 2009 to 2017, growth of the glass wool voile imports stood at a somewhat lower level.

Glass Wool Voile Imports by Country in Asia

China represented the largest importer of glass fibre voiles made of glass wool in Asia, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2017. Japan (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by South Korea (X%), India (X%), Turkey (X%) and Kuwait (X%). The following importers - Saudi Arabia (X tons), Oman (X tons), Thailand (X tons), Singapore (X tons), Vietnam (X tons) and China, Hong Kong SAR (X tons) together made up X% of total imports.

China experienced a relatively flat trend pattern of glass fibre voiles made of glass wool imports. At the same time, Vietnam (+X%), Japan (+X%), Turkey (+X%), Kuwait (+X%), India (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. By contrast, Oman (-X%), Thailand (-X%), Singapore (-X%), Saudi Arabia (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR, Saudi Arabia and Singapore increased by X%, X% and X% percentage points, while China (-X%), Kuwait (-X%), Vietnam (-X%), India (-X%), Turkey (-X%) and Japan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported glass fibre voiles made of glass wool in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Glass Wool Voile Import Prices by Country in Asia

The glass wool voile import price in Asia stood at $X per ton in 2017, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the import prices for glass fibre voiles made of glass wool attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform