South Africa - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Glass Fibre and Article in South Africa - 2023
Contents:
- Price for Glass Fibre and Article in South Africa (CIF) - 2022
- Price for Glass Fibre and Article in South Africa (FOB) - 2022
- Imports of Glass Fibre and Article in South Africa
- Exports of Glass Fibre and Article in South Africa
Price for Glass Fibre and Article in South Africa (CIF) - 2022
In 2022, the average glass fibre and article import price amounted to $2,366 per ton, increasing by 7.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $2,409 per ton in 2013; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($10,850 per ton), while the price for Hong Kong SAR ($1,035 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Fibre and Article in South Africa (FOB) - 2022
In 2022, the average glass fibre and article export price amounted to $3,906 per ton, picking up by 32% against the previous year. In general, the export price, however, recorded a slight shrinkage. The export price peaked at $5,274 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Madagascar ($10,966 per ton), while the average price for exports to Poland ($2,052 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass Fibre and Article in South Africa
Glass fibre and article imports into South Africa declined to 18K tons in 2022, which is down by -14.5% against 2021. Overall, imports showed a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports reached the peak of 20K tons, and then dropped in the following year.
In value terms, glass fibre and article imports fell to $41M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $45M, and then shrank in the following year.
| Import of Glass Fibre and Article in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.4 | 12.9 | 24.3 | 19.6 | 0.3% |
| Germany | 3.9 | 3.5 | 4.2 | 5.1 | 9.4% |
| United Kingdom | 2.4 | 2.1 | 2.9 | 3.0 | 7.7% |
| France | 2.5 | 1.6 | 1.6 | 1.9 | -8.7% |
| Bahrain | 0.1 | 0.2 | 2.0 | 1.0 | 115.4% |
| Hong Kong SAR | 0.2 | 0.5 | N/A | 1.0 | 71.0% |
| Others | 8.3 | 7.5 | 10.2 | 9.9 | 6.1% |
| Total | 36.7 | 28.2 | 45.2 | 41.5 | 4.2% |
Top Suppliers of Glass Fibre and Article to South Africa in 2022:
- China (12.5K tons)
- Hong Kong SAR (0.9K tons)
- United Kingdom (0.8K tons)
- Germany (0.7K tons)
- Bahrain (0.6K tons)
- France (0.3K tons)
Exports of Glass Fibre and Article in South Africa
In 2022, approx. 2.2K tons of glass fibres and glass fibre articles were exported from South Africa; growing by 9.6% against 2021 figures. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, glass fibre and article exports soared to $8.8M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibre and Article in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 65.1 | 20.2 | 16.1 | 808 | 131.5% |
| Zambia | 913 | 523 | 465 | 801 | -4.3% |
| Zimbabwe | 375 | 315 | 543 | 768 | 27.0% |
| Mozambique | 687 | 671 | 484 | 725 | 1.8% |
| Poland | 199 | 225 | 286 | 661 | 49.2% |
| Namibia | 552 | 228 | 328 | 618 | 3.8% |
| Democratic Republic of the Congo | 388 | 639 | 322 | 613 | 16.5% |
| Botswana | 530 | 421 | 393 | 538 | 0.5% |
| United States | 221 | 300 | 334 | 422 | 24.1% |
| Australia | 345 | 368 | 557 | 390 | 4.2% |
| United Kingdom | 220 | 137 | 223 | 339 | 15.5% |
| Mauritius | 85.7 | 65.3 | 138 | 176 | 27.1% |
| Swaziland | 282 | 261 | 150 | 114 | -26.1% |
| Others | 1,477 | 1,678 | 1,830 | 1,805 | 6.9% |
| Total | 6,341 | 5,852 | 6,070 | 8,778 | 11.4% |
Top Export Markets for Glass Fibre and Article from South Africa in 2022:
- Poland (322.3 tons)
- Zimbabwe (272.8 tons)
- Botswana (260.1 tons)
- Zambia (248.2 tons)
- Mozambique (189.1 tons)
- Namibia (144.5 tons)
- Democratic Republic of the Congo (100.7 tons)
- United Kingdom (95.0 tons)
- Australia (75.5 tons)
- Madagascar (73.7 tons)
- United States (54.6 tons)
- Mauritius (53.9 tons)
- Swaziland (29.1 tons)
This report provides an in-depth analysis of the market for glass fibre and article in South Africa. 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
- Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
352
This report provides an in-depth analysis of the market for glass fibre and article in South Africa.
396
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in South Africa.
276
This report provides an in-depth analysis of the market for glass fibre chopped strand in South Africa.
294
This report provides an in-depth analysis of the glass fibre mat market in South Africa.
171
This report provides an in-depth analysis of the glass fibre filament market in South Africa.
377
This report provides an in-depth analysis of the market for staple glass fibre articles in South Africa.
410
This report provides an in-depth analysis of the glass fibre fabrics market in South Africa.
332
This report provides an in-depth analysis of the glass fiber market in South Africa.
250
This report provides an in-depth analysis of the filament mat market in South Africa.
327
This report provides an in-depth analysis of the glass wool mat market in South Africa.
782
2020 was a serious test for the glass fibre market. The fall in production was extreme in April 2020. Still, demand began to recover in the second half of the year thanks to a recovery in the composite consumer goods sector. Chinese glass fibres and glass fibre articles became more expensive in the strengthening of the yuan and, also, hit by the European Union's anti-dumping duties.
1030
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
803
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
1023
In value terms, carded and combed artificial staple fibres imports amounted to $X in 2016. Overall, carded and combed artificial staple fibres imports continue to indicate a abrupt curtailment. Over...
1138
In value terms, carded and combed artificial staple fibres exports amounted to $X in 2016. Overall, carded and combed artificial staple fibres exports continue to indicate a deep decrease. Global ca...
1327
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1696
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
782
2020 was a serious test for the glass fibre market. The fall in production was extreme in April 2020. Still, demand began to recover in the second half of the year thanks to a recovery in the composite consumer goods sector. Chinese glass fibres and glass fibre articles became more expensive in the strengthening of the yuan and, also, hit by the European Union's anti-dumping duties.
1030
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
803
Global sliver and roving imports totaled X tons in 2016, rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
