Eastern Asia: Glass Wool Voile Market 2020

Glass Wool Voile Market Size in Eastern Asia

The revenue of the glass wool voile market in Eastern Asia amounted to $X in 2017, going down by -X% against the previous year. The glass wool voile consumption continues to indicate a strong growth. The growth pace was the most rapid in 2012, when market value increased by X% y-o-y. Over the period under review, the glass wool voile market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Glass Wool Voile Production in Eastern Asia

In 2017, approx. X tons of glass fibre voiles made of glass wool were produced in Eastern Asia; approximately mirroring the previous year. The glass wool voile production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. The volume of glass wool voile production peaked in 2017, and is expected to retain its growth in the near future.

Glass Wool Voile Exports in Eastern Asia

In 2017, approx. X tons of glass fibre voiles made of glass wool were exported in Eastern Asia; going up by X% against the previous year. The glass wool voile exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, glass wool voile exports totaled $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 indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2016, leveling off in the following year.

Glass Wool Voile Exports by Country in Eastern Asia

China dominates glass wool voile exports structure, finishing at X tons, which was approx. X% of total exports in 2017. South Korea (X tons) occupied the second position in the ranking, followed by Taiwan, Chinese (X tons). All these countries together held approx. X% share of total exports. The following exporters - Japan (X tons) and China, Hong Kong SAR (X tons) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to glass wool voile exports from China stood at -X%. At the same time, Taiwan, Chinese (+X%), South Korea (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) illustrated a downward trend over the same period. China (X%) and Japan (X%) significantly strengthened its position in terms of the global exports, while Taiwan, Chinese and South Korea saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Glass Wool Voile Export Prices by Country in Eastern Asia

In 2017, the glass wool voile export price in Eastern Asia amounted to $X per ton, declining by -X% against the previous year. The export price indicated a prominent 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 growth pace was the most rapid in 2013, when it surged by X% year-to-year. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per kg), while South Korea ($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 China (+X% per year), while the other leaders experienced more modest paces of growth.

Glass Wool Voile Imports in Eastern Asia

In 2017, imports of glass fibre voiles made of glass wool in Eastern Asia amounted to X tons, coming up by X% against the previous year. The glass wool voile imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the glass wool voile imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, glass wool voile imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Glass Wool Voile Imports by Country in Eastern Asia

China was the main importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Japan (X tons), South Korea (X tons) and China, Hong Kong SAR (X tons), together generating X% share of total imports. Taiwan, Chinese (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern of glass fibre voiles made of glass wool imports. At the same time, Japan (+X%), Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (X%) significantly strengthened its position in terms of the global imports, while Taiwan, Chinese, South Korea, China and Japan saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively.

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

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +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 Eastern Asia

In 2017, the glass wool voile import price in Eastern Asia amounted to $X per ton, dropping by -X% against the previous year. The glass wool voile import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the import prices for glass fibre voiles made of glass wool reached its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Taiwan, Chinese ($X per ton), while China, Hong Kong SAR ($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.

Source: IndexBox Platform