Estonia: Glass Fabric Market 2020

Glass Fabric Market Size in Estonia

The revenue of the glass fabric market in Estonia amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, glass fabric consumption, however, continues to indicate a temperate contraction. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Estonia glass fabric consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Glass Fabric Exports

Exports from Estonia

Glass fabric exports from Estonia amounted to X tons in 2018, growing by X% against the previous year. In general, glass fabric exports continue to indicate prominent growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, glass fabric exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, glass fabric exports stood at $X in 2018. Over the period under review, glass fabric exports continue to indicate a strong increase. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. In that year, glass fabric exports attained their peak of $X. From 2014 to 2018, the growth of glass fabric exports remained at a somewhat lower figure.

Exports by Country

In 2018, China (X tons) represented the major exporter of woven fabrics (including narrow fabrics) of glass fibers, constituting X% of total exports. Taiwan, Chinese (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by the Czech Republic (X%) and Germany (X%). Belgium (X tons), Latvia (X tons), the U.S. (X tons), Belarus (X tons), France (X tons), Mexico (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to glass fabric exports from China stood at +X%. At the same time, Mexico (+X%), Latvia (+X%), Belgium (+X%), the Czech Republic (+X%), Taiwan, Chinese (+X%), Germany (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, Belarus (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), the Czech Republic (+X p.p.), Taiwan, Chinese (+X p.p.), Latvia (+X p.p.) and Belgium (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Taiwan, Chinese ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Germany, the Czech Republic, France, Belgium, Latvia, Mexico, Belarus, Italy and Estonia, which together accounted for a further X experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The glass fabric export price in Estonia stood at $X per ton in 2018, approximately equating the previous year. In general, the glass fabric export price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2013 when the export price increased by X% year-to-year. In that year, the export prices for woven fabrics (including narrow fabrics) of glass fibers reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the export prices for woven fabrics (including narrow fabrics) of glass fibers remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Glass Fabric Imports

Imports into Estonia

Glass fabric imports into Estonia amounted to X tons in 2018, jumping by X% against the previous year. Over the period under review, glass fabric imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, glass fabric imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, glass fabric imports totaled $X in 2018. In general, glass fabric imports continue to indicate a temperate decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Estonia imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), Germany (X tons), Turkey (X tons), the U.S. (X tons), India (X tons), Poland (X tons), Japan (X tons), Russia (X tons), France (X tons), Spain (X tons), South Korea (X tons) and Italy (X tons) were the largest importers of woven fabrics (including narrow fabrics) of glass fibers in the world, comprising X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest glass fabric importing markets into Estonia were China ($X), Germany ($X) and the U.S. ($X), with a combined X% share of total imports. These countries were followed by Japan, South Korea, France, Italy, Poland, Turkey, Spain, India, Russia and Estonia, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the glass fabric import price in Estonia amounted to $X per ton, standing approx. at the previous year. Over the period under review, the glass fabric import price, however, continues to indicate a temperate setback. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. In that year, the import prices for woven fabrics (including narrow fabrics) of glass fibers reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the import prices for woven fabrics (including narrow fabrics) of glass fibers remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was South Korea ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform