CIS: Glass Fibre Fabrics Market 2024

Glass Fibre Fabrics Market Size in CIS

In 2022, the CIS glass fibre fabrics market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Glass Fibre Fabrics Production in CIS

In value terms, glass fibre fabrics production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Glass Fibre Fabrics Exports

Exports in CIS

In 2022, the amount of glass fibre fabrics exported in the CIS shrank sharply to X tons, with a decrease of X% against 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, glass fibre fabrics exports reduced dramatically to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined significantly in the following year.

Exports by Country

Belarus represented the key exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Moldova (X tons), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to glass fibre fabrics exports from Belarus stood at X%. At the same time, Moldova (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Moldova (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest glass fibre fabrics supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belarus totaled X%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Belarus totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%).

Glass Fibre Fabrics Imports

Imports in CIS

For the third year in a row, the CIS recorded decline in purchases abroad of glass fibre fabrics, which decreased by X% to X tons in 2022. In general, imports recorded a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, glass fibre fabrics imports declined markedly to $X in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of glass fibre fabrics, namely Kazakhstan, Belarus and Uzbekistan, represented more than two-thirds of total import. It was distantly followed by Moldova (X tons), mixing up a X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Belarus ($X) and Uzbekistan ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. Overall, the import price saw a perceptible decrease. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Moldova ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :