Report Sri Lanka - Voiles, Webs, Mats and Other Articles of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 23, 2022

Sri Lanka - Voiles, Webs, Mats and Other Articles of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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Sri Lanka: Glass Fiber Market 2022

Glass Fiber Market Size in Sri Lanka

The Sri Lankan glass fiber market surged to $X in 2021, with an increase of 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, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Glass Fiber Exports

Exports from Sri Lanka

In 2021, the amount of voiles, webs, mats and other articles of glass fibers exported from Sri Lanka dropped dramatically to X tons, shrinking by -X% compared with the year before. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, glass fiber exports totaled $X in 2021. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for glass fiber exports from Sri Lanka, with a X% share of total exports. Moreover, glass fiber exports to the United Arab Emirates exceeded the volume sent to the second major destination, Maldives (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-X% per year) and Bangladesh (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for glass fiber exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was occupied by Maldives ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-X% per year) and Bangladesh (-X% per year).

Export Prices by Country

The average glass fiber export price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+X%), while the prices for the other major destinations experienced a decline.

Glass Fiber Imports

Imports into Sri Lanka

In 2021, the amount of voiles, webs, mats and other articles of glass fibers imported into Sri Lanka skyrocketed to X tons, increasing by X% against the previous year. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. Over the period under review, imports reached the maximum at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, glass fiber imports surged to $X in 2021. In general, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of glass fiber imports to Sri Lanka, together accounting for X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United Arab Emirates ($X) and Taiwan (Chinese) ($X) appeared to be the largest glass fiber suppliers to Sri Lanka, with a combined X% share of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fiber import price stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then declined dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for voiles, webs, mats and other articles of glass fibers in the world?
+
The country with the largest volume of glass fiber consumption was China, comprising approx. 21% of total volume. Moreover, glass fiber consumption in China exceeded the figures recorded by the second-largest consumer, France, twofold. The third position in this ranking was occupied by India, with an 8.4% share.
What are the largest producers of voiles, webs, mats and other articles of glass fibers in the world?
+
The country with the largest volume of glass fiber production was China, accounting for 31% of total volume. Moreover, glass fiber production in China exceeded the figures recorded by the second-largest producer, India, fourfold. France ranked third in terms of total production with a 6.6% share.
What are the leading suppliers of voiles, webs, mats and other articles of glass fibers to Sri Lanka?
+
In value terms, the largest glass fiber suppliers to Sri Lanka were China, the United Arab Emirates and Taiwan Chinese), together comprising 87% of total imports.
What are the leading importers of voiles, webs, mats and other articles of glass fibers from Sri Lanka?
+
In value terms, the United Arab Emirates remains the key foreign market for glass fiber exports from Sri Lanka, comprising 98% of total exports. The second position in the ranking was occupied by Maldives, with a 1.5% share of total exports.
What is the average export price for voiles, webs, mats and other articles of glass fibers in Sri Lanka?
+
In 2021, the average glass fiber export price amounted to $11,129 per ton, surging by 26% against the previous year.
What is the average import price for voiles, webs, mats and other articles of glass fibers in Sri Lanka?
+
The average glass fiber import price stood at $1,653 per ton in 2021, reducing by -31.8% against the previous year.

This report provides an in-depth analysis of the glass fiber market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 23141210 -
• Prodcom 23141230 -
• Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
• Prodcom 23141293 -
• Prodcom 23141295 -
• Prodcom 23141299 -
Country coverage:
• Sri Lanka

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sri Lanka
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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