Sweden - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Fibre Chopped Strand in Sweden - 2023
Contents:
- Price for Glass Fibre Chopped Strand in Sweden (CIF) - 2023
- Price for Glass Fibre Chopped Strand in Sweden (FOB) - 2022
- Imports of Glass Fibre Chopped Strand in Sweden
- Exports of Glass Fibre Chopped Strand in Sweden
Price for Glass Fibre Chopped Strand in Sweden (CIF) - 2023
The average glass fibre chopped strand import price stood at $1,520 per ton in July 2023, with an increase of 7.3% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 23% m-o-m. Over the period under review, average import prices hit record highs at $1,646 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($1,593 per ton), while the price for Egypt totaled $1,208 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibre Chopped Strand in Sweden (FOB) - 2022
The average glass fibre chopped strand export price stood at $5,548 per ton in 2022, with an increase of 40% against the previous year. In general, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2020 an increase of 225% against the previous year. As a result, the export price attained the peak level of $8,681 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($62,635 per ton), while the average price for exports to China ($2,960 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 Australia (+47.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibre Chopped Strand in Sweden
In 2022, the amount of glass fibre chopped strands imported into Sweden stood at 4.6K tons, leveling off at 2021 figures. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, glass fibre chopped strand imports skyrocketed to $7M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +50.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Glass Fibre Chopped Strand in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,359 | 1,759 | 2,427 | 2,538 | 23.1% |
| Egypt | 1,781 | 1,641 | 1,890 | 1,539 | -4.8% |
| South Korea | 0.1 | 41.0 | 783 | 1,146 | 2154.6% |
| Malaysia | 1,394 | 1,093 | 763 | 794 | -17.1% |
| China | N/A | 0.1 | N/A | 514 | 7069.4% |
| Germany | 1.0 | 3.3 | 42.7 | 233 | 515.3% |
| Brazil | N/A | 20.5 | 56.1 | 146 | 166.9% |
| Netherlands | 435 | 28.3 | N/A | N/A | -93.5% |
| Others | 10.3 | 44.7 | 29.9 | 55.4 | 75.2% |
| Total | 4,980 | 4,631 | 5,992 | 6,965 | 11.8% |
Top Suppliers of Glass Fibre Chopped Strand to Sweden in 2022:
- Belgium (1573.3 tons)
- Egypt (1316.4 tons)
- South Korea (676.7 tons)
- Malaysia (461.7 tons)
- China (358.2 tons)
- Germany (131.3 tons)
- Brazil (79.6 tons)
Exports of Glass Fibre Chopped Strand in Sweden
In 2022, shipments abroad of glass fibre chopped strands was finally on the rise to reach 26 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre chopped strand exports soared to $142K in 2022. Overall, exports enjoyed a significant increase. 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 Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 0.1 | 43.7 | 43600.0% |
| Norway | 14.4 | 3.1 | N/A | 35.7 | 35.3% |
| China | N/A | N/A | N/A | 33.7 | 0% |
| Finland | 17.7 | 8.0 | 9.5 | 10.0 | -17.3% |
| United Kingdom | N/A | N/A | N/A | 6.2 | 0% |
| Others | 0.2 | 17.4 | 0.1 | 13.2 | 304.1% |
| Total | 32.2 | 28.5 | 9.7 | 142 | 64.0% |
Top Export Markets for Glass Fibre Chopped Strand from Sweden in 2022:
- China (11.4 tons)
- Norway (6.3 tons)
- Switzerland (4.1 tons)
- Finland (2.5 tons)
- United Kingdom (1.1 tons)
This report provides an in-depth analysis of the market for glass fibre chopped strand in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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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