Report Update May 1, 2024

New Zealand - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Glass Fibre Filament Market 2024

Glass Fibre Filament Market Size in New Zealand

In 2021, the New Zealand glass fibre filament market increased by 146% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Glass Fibre Filament Exports

Exports from New Zealand

For the third year in a row, New Zealand recorded growth in shipments abroad of glass fibre filaments, which increased by 30% to X tons in 2021. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by 265%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, glass fibre filament exports skyrocketed to $X in 2021. Overall, exports posted a moderate increase. The pace of growth appeared the most rapid in 2015 when exports increased by 126% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

New Caledonia (X tons), Australia (X tons) and Fiji (X tons) were the main destinations of glass fibre filament exports from New Zealand, with a combined 95% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +52.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Caledonia ($X), Australia ($X) and Fiji ($X) were the largest markets for glass fibre filament exported from New Zealand worldwide, together comprising 95% of total exports.

In terms of the main countries of destination, Fiji, with a CAGR of +50.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average glass fibre filament export price amounted to $X per ton, increasing by 10% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 18%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Fiji ($X per ton) and Australia ($X per ton), while the average price for exports to New Caledonia ($X per ton) and Vanuatu ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (-0.2%), while the prices for the other major destinations experienced a decline.

Glass Fibre Filament Imports

Imports into New Zealand

In 2021, approx. X tons of glass fibre filaments were imported into New Zealand; picking up by 107% against the previous year. Over the period under review, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre filament imports skyrocketed to $X in 2021. In general, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of glass fibre filament to New Zealand, accounting for a 88% share of total imports. Moreover, glass fibre filament imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-9.2% per year) and Taiwan (Chinese) (+8.7% per year).

In value terms, China ($X) constituted the largest supplier of glass fibre filaments to New Zealand, comprising 88% of total imports. The second position in the ranking was held by South Korea ($X), with a 7.7% share of total imports. It was followed by Taiwan (Chinese), with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-8.4% per year) and Taiwan (Chinese) (+9.2% per year).

Import Prices by Country

In 2021, the average glass fibre filament import price amounted to $X per ton, picking up by 21% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and South Korea ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre filaments in the world?

The country with the largest volume of glass fibre filament consumption was China, comprising approx. 23% of total volume. Moreover, glass fibre filament consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was held by the United States, with an 8.9% share.

What are the largest producers of glass fibre filaments in the world?

China constituted the country with the largest volume of glass fibre filament production, accounting for 38% of total volume. Moreover, glass fibre filament production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of glass fibre filaments to New Zealand?

In value terms, China constituted the largest supplier of glass fibre filaments to New Zealand, comprising 88% of total imports. The second position in the ranking was held by South Korea, with a 7.7% share of total imports. It was followed by Taiwan Chinese), with a 1.9% share.

What are the leading importers of glass fibre filaments from New Zealand?

In value terms, the largest markets for glass fibre filament exported from New Zealand were New Caledonia, Australia and Fiji, with a combined 95% share of total exports.

What is the average export price for glass fibre filaments in New Zealand?

The average glass fibre filament export price stood at $1,418 per ton in 2021, with an increase of 10% against the previous year.

What is the average import price for glass fibre filaments in New Zealand?

In 2021, the average glass fibre filament import price amounted to $1,344 per ton, surging by 21% against the previous year.

This report provides an in-depth analysis of the glass fibre filament market in New Zealand. 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 23141130 - Glass fibre filaments (including rovings)

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023