Eastern Asia: Staple Glass Fibre Articles Market 2020

Staple Glass Fibre Articles Market Size in Eastern Asia

The revenue of the staple glass fibre articles market in Eastern Asia amounted to $X in 2017, going up by X% against the previous year. The staple glass fibre articles consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the staple glass fibre articles market reached their peak level, and is likely to continue its growth in the immediate term.

Staple Glass Fibre Articles Production in Eastern Asia

The staple glass fibre articles production stood at X tons in 2017, going up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. The volume of staple glass fibre articles production peaked of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Staple Glass Fibre Articles Exports in Eastern Asia

In 2017, exports of staple glass fibre articles in Eastern Asia amounted to X tons, waning by -X% against the previous year. The staple glass fibre articles exports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2010, when exports increased by X% y-o-y. In that year, the staple glass fibre articles exports reached their peak volume of X tons. From 2011 to 2017, growth of the staple glass fibre articles exports stood at a somewhat lower level.

In value terms, staple glass fibre articles exports stood at $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 over the period under review. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Staple Glass Fibre Articles Exports by Country in Eastern Asia

China was the major exporting country with an export of around X tons, which finished at X% of total exports. Taiwan, Chinese (X tons) held the second position in the ranking, distantly followed by South Korea (X tons). All these countries together held near X% share of total exports. Japan (X tons) and China, Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea (+X% per year), while the other leaders experienced mixed trends in the exports figures.

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

In China, staple glass fibre articles exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan, Chinese (+X% per year) and Japan (-X% per year).

Staple Glass Fibre Articles Export Prices by Country in Eastern Asia

The staple glass fibre articles export price in Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The export price indicated a remarkable increase 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 staple glass fibre articles export price increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% against the previous year. The level of export price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per kg), while Taiwan, Chinese ($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 Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Staple Glass Fibre Articles Imports in Eastern Asia

The imports totaled X tons in 2017, picking up by X% against the previous year. The staple glass fibre articles imports continue to indicate a moderate slump. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the staple glass fibre articles imports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, staple glass fibre articles imports totaled $X in 2017. The staple glass fibre articles imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Staple Glass Fibre Articles Imports by Country in Eastern Asia

China was the main importing country with an import of about X tons, which resulted at X% of total imports. Japan (X tons) ranks second in terms of the global imports with a X% share, followed by South Korea (X%) and Taiwan, Chinese (X%). China, Hong Kong SAR (X tons) followed a long way behind the leaders.

Imports into China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, South Korea (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Taiwan, Chinese (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (X%), China, Hong Kong SAR (X%) and Taiwan, Chinese (X%) increased significantly in terms of the global imports from 2007-2017, the share of Japan (-X%) and South Korea (-X%) displayed negative dynamics.

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

In China, staple glass fibre articles imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and South Korea (+X% per year).

Staple Glass Fibre Articles Import Prices by Country in Eastern Asia

In 2017, the staple glass fibre articles import price in Eastern Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. Over the period under review, the import prices for staple glass fibre articles attained its maximum level in 2017, and is expected to retain its growth in the near future.

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 ($X per ton), while South Korea ($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 Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform