Malta: Glass Fiber Market 2020

Glass Fiber Market Size in Malta

The revenue of the glass fiber market in Malta amounted to $X in 2018, waning 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). Overall, glass fiber consumption continues to indicate temperate growth. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Over the period under review, the glass fiber market reached its maximum level at $X in 2017, and then declined slightly in the following year.

Glass Fiber Exports

Exports from Malta

In 2018, the amount of voiles, webs, mats and other articles of glass fibers exported from Malta stood at X kg, declining by -X% against the previous year. Over the period under review, glass fiber exports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. In that year, glass fiber exports attained their peak of X tons. From 2016 to 2018, the growth of glass fiber exports failed to regain its momentum.

In value terms, glass fiber exports stood at $X in 2018. Over the period under review, glass fiber exports continue to indicate a dramatic deduction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. In that year, glass fiber exports attained their peak of $X. From 2016 to 2018, the growth of glass fiber exports failed to regain its momentum.

Exports by Country

In 2018, China (X tons), distantly followed by the U.S. (X tons), Belgium (X tons), Germany (X tons), the UK (X tons) and Russia (X tons) were the major exporters of voiles, webs, mats and other articles of glass fibers, together comprising X% of total exports. The Czech Republic (X tons), France (X tons), Poland (X tons), Canada (X tons), Spain (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Russia (+X%), the UK (+X%), France (+X%), Poland (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Spain, Germany and the Netherlands experienced a relatively flat trend pattern. By contrast, the U.S. (-X%), Belgium (-X%) and Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Russia and the UK increased by +X%, +X% and +X% percentage points, while Belgium (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest glass fiber markets from Malta were China ($X), the U.S. ($X) and Germany ($X), together comprising X% of total exports.

China recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The glass fiber export price in Malta stood at $X per ton in 2018, jumping by X% against the previous year. In general, the glass fiber export price, however, continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2011 when the export price increased by X% y-o-y. Over the period under review, the export prices for voiles, webs, mats and other articles of glass fibers attained their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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. ($X per ton), while Russia ($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 Fiber Imports

Imports into Malta

In 2018, the amount of voiles, webs, mats and other articles of glass fibers imported into Malta totaled X tons, approximately equating the previous year. In general, glass fiber imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, glass fiber imports attained their maximum at X tons in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, glass fiber imports totaled $X in 2018. In general, glass fiber imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, glass fiber imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

The imports of the three major importers of voiles, webs, mats and other articles of glass fibers, namely the U.S., France and Germany, represented more than fourth of total import. The following importers - Mexico (X tons), Canada (X tons), Poland (X tons), Japan (X tons), Spain (X tons), the UK (X tons), Denmark (X tons), the Czech Republic (X tons) and the Netherlands (X tons) - together made up X% of total imports.

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

In value terms, the U.S. ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports. Mexico, Canada, Denmark, Japan, the UK, Spain, Poland, the Netherlands, the Czech Republic and Malta lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The glass fiber import price in Malta stood at $X per ton in 2018, lowering by -X% against the previous year. In general, the import price indicated a strong expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, glass fiber import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for voiles, webs, mats and other articles of glass fibers attained their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform