China - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Fabrics Price in China - 2021
Contents:
- Glass Fibre Fabrics Price in China (FOB) - 2021
- Glass Fibre Fabrics Price in China (CIF) - 2022
- Glass Fibre Fabrics Exports in China
- Glass Fibre Fabrics Imports in China
Glass Fibre Fabrics Price in China (FOB) - 2021
The average glass fibre fabrics export price stood at $2,941 per ton in December 2021, picking up by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Canada ($4,582 per ton), while the average price for exports to Saudi Arabia ($1,754 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Fabrics Price in China (CIF) - 2022
In 2021, the average glass fibre fabrics import price amounted to $8,221 per ton, declining by -6.2% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glass fibre fabrics import price increased by +17.0% against 2016 indices. The growth pace was the most rapid in 2016 an increase of 46%. Over the period under review, average import prices hit record highs at $8,760 per ton in 2020, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($29,974 per ton), while the price for Denmark ($3,381 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Fabrics Exports in China
In 2022, the amount of glass fibre fabrics exported from China contracted remarkably to 8.3 tons, shrinking by 99.9% against the year before. Overall, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of 227K tons, and then reduced sharply in the following year.
In value terms, glass fibre fabrics exports plummeted to $12K in 2022. Over the period under review, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, the exports attained the peak of $603M, and then contracted rapidly in the following year.
Export of Glass Fibre Fabrics in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 16.2 | 5.1 | 5.6 | N/A | -41.2% |
Russia | 22.3 | 22.3 | 33.4 | N/A | 22.4% |
South Korea | 27.9 | 33.2 | 44.0 | N/A | 25.6% |
Thailand | 12.5 | 12.5 | 15.4 | N/A | 11.0% |
Vietnam | 12.3 | 14.7 | 15.9 | N/A | 13.7% |
Malaysia | 4.9 | 11.6 | 12.6 | N/A | 60.4% |
United States | 31.2 | 30.1 | 45.2 | N/A | 20.4% |
India | 15.6 | 13.3 | 25.4 | N/A | 27.6% |
Indonesia | 8.0 | 7.0 | 16.0 | N/A | 41.4% |
United Arab Emirates | 11.1 | 8.3 | 13.6 | N/A | 10.7% |
Mexico | 6.7 | 8.6 | 13.1 | N/A | 39.8% |
Saudi Arabia | 7.4 | 7.3 | 10.4 | N/A | 18.5% |
Brazil | 5.9 | 6.8 | 11.1 | N/A | 37.2% |
Others | 219 | 227 | 341 | N/A | 24.8% |
Total | 401 | 407 | 603 | N/A | 22.6% |
Top Export Markets for Glass Fibre Fabrics from China in 2022:
- India (946.0 kg)
- Indonesia (695.0 kg)
- United Arab Emirates (625.0 kg)
- United States (605.0 kg)
- Vietnam (516.0 kg)
- Saudi Arabia (508.0 kg)
- South Korea (497.0 kg)
- Spain (392.0 kg)
- Mexico (210.0 kg)
- Russia (171.0 kg)
- Thailand (164.0 kg)
- Malaysia (162.0 kg)
- Brazil (153.0 kg)
Glass Fibre Fabrics Imports in China
In 2021, glass fibre fabrics imports into China skyrocketed to 26K tons, with an increase of 21% against 2020. In general, imports, however, saw a noticeable curtailment.
In value terms, glass fibre fabrics imports expanded notably to $211M in 2021. The total import value increased at an average annual rate of +1.7% from 2019 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Glass Fibre Fabrics in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Taiwan (Chinese) | 117 | 118 | 141 | 9.8% | |
United States | 25.3 | 18.0 | 21.6 | -7.6% | |
Japan | 28.0 | 16.4 | 17.2 | -21.6% | |
Denmark | 5.9 | 3.4 | 1.9 | -43.3% | |
Belgium | 2.9 | 3.3 | 0.8 | -47.5% | |
Others | 25.1 | 26.9 | 28.5 | 6.6% | |
Total | 204 | 186 | 211 | 1.7% |
Top Suppliers of Glass Fibre Fabrics to China in 2022:
- Taiwan (Chinese) (21.6K tons)
- United States (1.0K tons)
- Denmark (0.6K tons)
- Japan (0.6K tons)
- Belgium (0.3K tons)
This report provides an in-depth analysis of the glass fibre fabrics market in China. 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 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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