Italy - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Fibre Chopped Strand in Italy - 2023
Contents:
- Price for Glass Fibre Chopped Strand in Italy (CIF) - 2023
- Price for Glass Fibre Chopped Strand in Italy (FOB) - 2022
- Imports of Glass Fibre Chopped Strand in Italy
- Exports of Glass Fibre Chopped Strand in Italy
Price for Glass Fibre Chopped Strand in Italy (CIF) - 2023
In July 2023, the average glass fibre chopped strand import price amounted to $1,298 per ton, shrinking by -7.1% against the previous month. In general, the import price showed a slight contraction. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 7.6% m-o-m. Over the period under review, average import prices hit record highs at $1,581 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,755 per ton), while the price for Egypt ($975 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Glass Fibre Chopped Strand in Italy (FOB) - 2022
In 2022, the average glass fibre chopped strand export price amounted to $2,105 per ton, declining by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 36%. Over the period under review, the average export prices attained the peak figure at $2,346 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($4,122 per ton), while the average price for exports to the Netherlands ($1,705 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 Spain (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibre Chopped Strand in Italy
In 2022, glass fibre chopped strand imports into Italy rose significantly to 99K tons, surging by 9.6% compared with the year before. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, glass fibre chopped strand imports soared to $152M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 48%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Glass Fibre Chopped Strand in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 9.2 | 11.6 | 26.0 | 35.9 | 57.4% |
| Belgium | 19.9 | 16.0 | 22.7 | 27.6 | 11.5% |
| France | 6.3 | 6.7 | 7.6 | 19.0 | 44.5% |
| Slovakia | 17.6 | 15.2 | 14.7 | 17.2 | -0.8% |
| China | 0.9 | 0.8 | 2.6 | 15.0 | 155.4% |
| Egypt | 11.9 | 7.5 | 9.8 | 10.4 | -4.4% |
| Turkey | 3.0 | 5.0 | 8.5 | 7.3 | 34.5% |
| Netherlands | 10.3 | 5.4 | 5.0 | 2.3 | -39.3% |
| Others | 4.1 | 4.1 | 10.3 | 17.1 | 61.0% |
| Total | 83.3 | 72.3 | 107 | 152 | 22.2% |
Top Suppliers of Glass Fibre Chopped Strand to Italy in 2022:
- Malaysia (25.5K tons)
- Belgium (16.2K tons)
- France (11.7K tons)
- Slovakia (10.8K tons)
- China (10.2K tons)
- Egypt (8.5K tons)
- Turkey (5.4K tons)
- Netherlands (1.6K tons)
Exports of Glass Fibre Chopped Strand in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of glass fibre chopped strands, which increased by 237% to 8.3K tons in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre chopped strand exports soared to $17M in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibre Chopped Strand in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.3 | 2.7 | 2.2 | 11.9 | 109.2% |
| Poland | 0.1 | 0.2 | 0.4 | 1.9 | 166.8% |
| Belgium | 0.1 | N/A | 0.1 | 1.2 | 128.9% |
| United States | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 1.3 | 0.9 | 2.4 | 2.1 | 17.3% |
| Total | 2.8 | 3.8 | 5.3 | 17.5 | 84.2% |
Top Export Markets for Glass Fibre Chopped Strand from Italy in 2022:
- Germany (6.1K tons)
- Poland (0.9K tons)
- Belgium (0.6K tons)
- United States (0.2K tons)
This report provides an in-depth analysis of the market for glass fibre chopped strand in Italy. 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)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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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