Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $6,999 per ton in 2022, surging by 23% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 30%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Taiwan (Chinese) ($11,408 per ton), while the price for South Korea ($4,358 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $7,898 per ton in 2022, jumping by 50% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($19,091 per ton), while the average price for exports to Israel ($3,908 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 the United States (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore
For the third year in a row, Singapore recorded decline in supplies from abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), which decreased by -17.4% to 12K tons in 2022. Over the period under review, imports continue to indicate a deep contraction. The smallest decline of -5.5% was in 2021.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $83M in 2022. Overall, imports continue to indicate a abrupt setback.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.4 | 30.2 | 27.0 | 33.0 | -6.5% |
| Malaysia | 22.9 | 11.3 | 14.0 | 15.0 | -13.2% |
| Taiwan (Chinese) | 14.6 | 13.6 | 18.1 | 10.1 | -11.6% |
| Japan | 11.3 | 15.0 | 7.0 | 7.8 | -11.6% |
| United States | 6.9 | 4.7 | 4.8 | 5.2 | -9.0% |
| South Korea | 0.8 | 0.7 | 0.9 | 1.6 | 26.0% |
| United Kingdom | 2.4 | 1.6 | 1.5 | 1.4 | -16.4% |
| India | 1.0 | 0.9 | 0.9 | 1.4 | 11.9% |
| Germany | 2.9 | 1.6 | 1.2 | 1.4 | -21.6% |
| Mexico | 2.2 | 0.7 | 0.7 | 0.3 | -48.5% |
| Others | 9.6 | 8.0 | 6.0 | 6.1 | -14.0% |
| Total | 115 | 88.2 | 82.0 | 83.3 | -10.2% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Singapore in 2022:
- China (4.2K tons)
- Malaysia (3.2K tons)
- Taiwan (Chinese) (0.9K tons)
- Japan (0.7K tons)
- United States (0.7K tons)
- South Korea (0.4K tons)
- India (0.3K tons)
- United Kingdom (0.2K tons)
- Germany (0.2K tons)
- Mexico (0.1K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Singapore contracted sharply to 4.9K tons, waning by -19% compared with the year before. Over the period under review, exports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of 6.1K tons, and then dropped rapidly in the following year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $39M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.7 | 3.0 | 4.2 | 8.0 | 19.4% |
| Malaysia | 8.9 | 6.4 | 8.0 | 6.9 | -8.1% |
| China | 6.6 | 7.2 | 6.7 | 5.5 | -5.9% |
| South Korea | 4.3 | 2.1 | 2.0 | 3.1 | -10.3% |
| United States | 2.3 | 0.8 | 1.7 | 2.9 | 8.0% |
| Israel | N/A | N/A | 0.7 | 2.5 | 257.1% |
| India | 1.2 | 1.5 | 1.1 | 1.8 | 14.5% |
| Japan | 1.4 | 1.1 | 1.1 | 1.6 | 4.6% |
| Thailand | 1.0 | 0.6 | 0.6 | 1.1 | 3.2% |
| Philippines | 0.6 | 0.2 | 0.6 | 0.8 | 10.1% |
| Sweden | 0.2 | 0.2 | 0.4 | 0.7 | 51.8% |
| United Kingdom | 0.1 | N/A | 0.2 | 0.5 | 71.0% |
| Hong Kong SAR | 0.7 | 0.6 | 0.6 | 0.5 | -10.6% |
| Others | 4.1 | 3.0 | 4.1 | 3.1 | -8.9% |
| Total | 36.2 | 26.7 | 32.0 | 39.0 | 2.5% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Singapore in 2022:
- Indonesia (1003.6 tons)
- Malaysia (946.4 tons)
- Israel (644.8 tons)
- China (528.3 tons)
- South Korea (423.3 tons)
- Japan (245.8 tons)
- Thailand (166.5 tons)
- United States (151.1 tons)
- Philippines (129.6 tons)
- India (111.6 tons)
- Sweden (89.0 tons)
- United Kingdom (83.3 tons)
- Hong Kong SAR (61.2 tons)
509
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in Singapore.
304
This report provides an in-depth analysis of the market for glass fibre chopped strand in Singapore.
207
This report provides an in-depth analysis of the glass fibre mat market in Singapore.
176
This report provides an in-depth analysis of the glass fibre filament market in Singapore.
342
This report provides an in-depth analysis of the market for glass fibre and article in Singapore.
368
This report provides an in-depth analysis of the market for staple glass fibre articles in Singapore.
386
This report provides an in-depth analysis of the glass fibre fabrics market in Singapore.
460
This report provides an in-depth analysis of the glass fiber market in Singapore.
290
This report provides an in-depth analysis of the filament mat market in Singapore.
318
This report provides an in-depth analysis of the glass wool mat market in Singapore.
1050
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 ...
819
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 ...
798
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.
1042
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...
1153
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...
1347
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 ...
1716
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>
1050
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 ...
819
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 ...
798
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.
