Glass Fibre Filament Price in Estonia - 2023
Contents:
- Glass Fibre Filament Price in Estonia (CIF) - 2022
- Glass Fibre Filament Price in Estonia (FOB) - 2022
- Glass Fibre Filament Imports in Estonia
- Glass Fibre Filament Exports in Estonia
Glass Fibre Filament Price in Estonia (CIF) - 2022
The average glass fibre filament import price stood at $1,622 per ton in 2022, surging by 28% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre filament import price increased by +79.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Finland ($2,071 per ton), while the price for Bahrain ($1,245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Filament Price in Estonia (FOB) - 2022
The average glass fibre filament export price stood at $2,400 per ton in 2022, jumping by 23% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre filament export price increased by +91.5% against 2016 indices. The growth pace was the most rapid in 2021 when the average export price increased by 25% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,723 per ton), while the average price for exports to Finland ($1,658 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 Latvia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Filament Imports in Estonia
In 2022, the amount of glass fibre filaments imported into Estonia shrank dramatically to 885 tons, waning by -28.2% on the previous year. In general, imports saw a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of 1.2K tons, and then contracted remarkably in the following year.
In value terms, glass fibre filament imports fell to $1.4M in 2022. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year. As a result, imports reached the peak of $1.6M, and then fell in the following year.
| Import of Glass Fibre Filament in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 314 | 304 | 498 | 306 | -0.9% |
| China | 27.8 | 63.7 | 260 | 272 | 113.9% |
| Belgium | 0.8 | 47.6 | 60.0 | 260 | 587.5% |
| Egypt | 309 | 123 | 378 | 161 | -19.5% |
| Brazil | 19.5 | 36.7 | 50.6 | 108 | 76.9% |
| Finland | 6.0 | 31.4 | 34.3 | 98.3 | 154.0% |
| Turkey | N/A | 3.1 | 47.1 | 34.8 | 235.0% |
| Russia | N/A | 64.7 | 48.1 | N/A | -25.7% |
| Others | 173 | 104 | 187 | 195 | 4.1% |
| Total | 851 | 779 | 1,562 | 1,436 | 19.1% |
Top Suppliers of Glass Fibre Filament to Estonia in 2022:
- Bahrain (245.8 tons)
- Belgium (173.5 tons)
- China (157.1 tons)
- Egypt (112.3 tons)
- Brazil (61.6 tons)
- Finland (47.5 tons)
- Turkey (21.2 tons)
Glass Fibre Filament Exports in Estonia
In 2022, approx. 223 tons of glass fibre filaments were exported from Estonia; dropping by -49.3% compared with 2021 figures. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. As a result, the exports reached the peak of 439 tons, and then declined dramatically in the following year.
In value terms, glass fibre filament exports fell sharply to $534K in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 145%. As a result, the exports attained the peak of $853K, and then declined rapidly in the following year.
| Export of Glass Fibre Filament in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 207 | 200 | 684 | 343 | 18.3% |
| United Kingdom | N/A | N/A | N/A | 97.9 | 0% |
| Lithuania | 37.9 | 37.0 | 99.5 | 70.4 | 22.9% |
| Finland | 57.2 | 9.6 | 56.1 | 23.4 | -25.8% |
| Russia | 49.1 | 102 | N/A | N/A | 107.7% |
| Others | 0.8 | N/A | 13.1 | N/A | 304.7% |
| Total | 352 | 349 | 853 | 534 | 14.9% |
Top Export Markets for Glass Fibre Filament from Estonia in 2022:
- Latvia (153.8 tons)
- Lithuania (33.9 tons)
- United Kingdom (20.7 tons)
- Finland (14.1 tons)
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