U.S. - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Filament Price in the United States - 2023
Contents:
- Glass Fibre Filament Price in the United States (CIF) - 2023
- Glass Fibre Filament Price in the United States (FOB) - 2022
- Glass Fibre Filament Imports in the United States
- Glass Fibre Filament Exports in the United States
Glass Fibre Filament Price in the United States (CIF) - 2023
In September 2023, the average glass fibre filament import price amounted to $1,284 per ton, with a decrease of -4.3% against the previous month. Overall, the import price saw a noticeable decline. The pace of growth appeared the most rapid in May 2023 an increase of 4.2% month-to-month. The import price peaked at $1,766 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,803 per ton), while the price for Bahrain ($888 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.2%), while the prices for the other major suppliers experienced a decline.
Glass Fibre Filament Price in the United States (FOB) - 2022
The average glass fibre filament export price stood at $1,826 per ton in 2022, growing by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, the export price reached 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 Belgium ($2,586 per ton), while the average price for exports to India ($895 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 Saudi Arabia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Filament Imports in the United States
In 2022, imports of glass fibre filaments into the United States soared to 248K tons, jumping by 15% against the previous year. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre filament imports soared to $385M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibre Filament in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 119 | 108 | 147 | 191 | 17.1% |
| China | 86.0 | 45.2 | 81.1 | 124 | 13.0% |
| Bahrain | 11.4 | 11.5 | 12.7 | 17.2 | 14.7% |
| Brazil | 6.5 | 4.4 | 6.7 | 13.0 | 26.0% |
| Japan | 4.8 | 4.8 | 5.2 | 8.4 | 20.5% |
| South Korea | 0.9 | 2.3 | 4.2 | 7.2 | 100.0% |
| Taiwan (Chinese) | 0.7 | 0.7 | 1.7 | 5.8 | 102.4% |
| Malaysia | 6.3 | 2.9 | 2.1 | 4.6 | -10.0% |
| Egypt | 5.6 | 17.7 | 3.9 | 1.4 | -37.0% |
| Others | 9.5 | 3.3 | 6.7 | 12.4 | 9.3% |
| Total | 251 | 200 | 271 | 385 | 15.3% |
Top Suppliers of Glass Fibre Filament to the United States in 2022:
- China (107.6K tons)
- Mexico (95.6K tons)
- Bahrain (12.1K tons)
- Brazil (7.8K tons)
- South Korea (5.5K tons)
- Taiwan (Chinese) (4.6K tons)
- Japan (4.5K tons)
- Malaysia (4.4K tons)
- Egypt (0.8K tons)
Glass Fibre Filament Exports in the United States
After three years of growth, shipments abroad of glass fibre filaments decreased by -36.2% to 47K tons in 2022. Over the period under review, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, the exports attained the peak of 74K tons, and then fell markedly in the following year.
In value terms, glass fibre filament exports contracted to $86M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $94M, and then declined in the following year.
| Export of Glass Fibre Filament in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 35.1 | 31.6 | 35.9 | 51.5 | 13.6% |
| Canada | 7.3 | 8.2 | 15.8 | 15.7 | 29.1% |
| Belgium | 3.2 | 5.6 | 3.5 | 3.2 | 0.0% |
| United Kingdom | 2.5 | 3.3 | 1.2 | 2.3 | -2.7% |
| Saudi Arabia | 4.4 | 3.0 | 1.2 | 2.2 | -20.6% |
| Turkey | 2.0 | 2.5 | 9.8 | 1.3 | -13.4% |
| Germany | 2.5 | 1.6 | 1.4 | 0.9 | -28.9% |
| Brazil | 3.0 | 1.1 | 4.5 | 0.8 | -35.6% |
| China | 0.8 | 3.3 | 2.0 | 0.5 | -14.5% |
| Argentina | 3.9 | 0.6 | 0.7 | 0.4 | -53.2% |
| India | 0.6 | 1.2 | 2.8 | 0.2 | -30.7% |
| Others | 6.7 | 5.9 | 14.9 | 6.9 | 1.0% |
| Total | 72.2 | 67.6 | 93.7 | 85.8 | 5.9% |
Top Export Markets for Glass Fibre Filament from the United States in 2022:
- Mexico (29.7K tons)
- Canada (8.6K tons)
- Turkey (1.3K tons)
- Belgium (1.3K tons)
- Saudi Arabia (1.1K tons)
- United Kingdom (1.0K tons)
- China (0.5K tons)
- Brazil (0.3K tons)
- Germany (0.3K tons)
- Argentina (0.3K tons)
- India (0.2K tons)
This report provides an in-depth analysis of the glass fibre filament market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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