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China - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlass Fibre Mat Price in China - 2021
Contents:
- Glass Fibre Mat Price in China (FOB) - 2021
- Glass Fibre Mat Price in China (CIF) - 2022
- Glass Fibre Mat Exports in China
- Glass Fibre Mat Imports in China
Glass Fibre Mat Price in China (FOB) - 2021
In December 2021, the average glass fibre mat export price amounted to $1,703 per ton, rising by 2.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in May 2021 an increase of 9.2% month-to-month. The export price peaked in December 2021.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Pakistan ($2,280 per ton), while the average price for exports to the United States ($1,404 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Mat Price in China (CIF) - 2022
In 2022, the average glass fibre mat import price amounted to $7,736 per ton, falling by -14.6% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre mat import price increased by +80.5% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 43%. As a result, import price attained the peak level of $9,054 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,925 per ton), while the price for Belgium ($2,926 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Mat Exports in China
In 2022, glass fibre mat exports from China declined to 111K tons, waning by -5.6% compared with 2021 figures. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year.
In value terms, glass fibre mat exports contracted to $158M in 2022. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 24%.
Export of Glass Fibre Mat in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 25.1 | 20.9 | 34.0 | 27.7 | 3.3% |
United States | 36.8 | 35.3 | 27.4 | 26.7 | -10.1% |
Spain | 28.5 | 10.7 | 8.4 | 12.9 | -23.2% |
Mexico | 5.5 | 3.1 | 9.7 | 7.9 | 12.8% |
Germany | 7.0 | 4.9 | 8.8 | 7.2 | 0.9% |
Turkey | 3.1 | 7.2 | 8.0 | 6.6 | 28.6% |
Indonesia | 5.2 | 4.4 | 5.9 | 4.8 | -2.6% |
Pakistan | 3.3 | 3.7 | 5.8 | 4.7 | 12.5% |
Canada | 5.7 | 6.4 | 5.2 | 4.6 | -6.9% |
Vietnam | 6.3 | 4.4 | 4.7 | 4.2 | -12.6% |
Brazil | 1.3 | 1.3 | 4.6 | 3.8 | 43.0% |
United Arab Emirates | 10.2 | 1.8 | 1.9 | 3.8 | -28.0% |
Thailand | 4.8 | 3.1 | 4.4 | 3.5 | -10.0% |
Others | 44.9 | 34.1 | 46.6 | 40.1 | -3.7% |
Total | 188 | 141 | 175 | 158 | -5.6% |
Top Export Markets for Glass Fibre Mat from China in 2022:
- United States (20.1K tons)
- India (19.5K tons)
- Spain (8.1K tons)
- Mexico (5.0K tons)
- Germany (4.7K tons)
- Turkey (4.1K tons)
- Vietnam (4.0K tons)
- United Arab Emirates (3.8K tons)
- Indonesia (3.5K tons)
- Pakistan (3.2K tons)
- Canada (2.9K tons)
- Brazil (2.8K tons)
- Thailand (2.4K tons)
Glass Fibre Mat Imports in China
In 2022, supplies from abroad of glass fibre mats was finally on the rise to reach 277 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt contraction.
In value terms, glass fibre mat imports contracted to $2.1M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $2.4M, and then reduced in the following year.
Import of Glass Fibre Mat in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 702 | 723 | 1,328 | 1,110 | 16.5% |
Belgium | 597 | 189 | 235 | 266 | -23.6% |
Germany | 280 | 308 | 139 | 185 | -12.9% |
Australia | 0.1 | 3.8 | 171 | 143 | 1026.6% |
Taiwan (Chinese) | 68.3 | 245 | 18.9 | 81.8 | 6.2% |
Italy | 3.1 | 35.6 | 73.4 | 61.4 | 170.6% |
India | 36.0 | 80.3 | 71.1 | 59.4 | 18.2% |
South Korea | 132 | 0.5 | 56.6 | 50.0 | -27.6% |
Others | 212 | 300 | 303 | 185 | -4.4% |
Total | 2,031 | 1,885 | 2,397 | 2,141 | 1.8% |
Top Suppliers of Glass Fibre Mat to China in 2022:
- Belgium (90.8 tons)
- United States (65.6 tons)
- Australia (45.8 tons)
- Taiwan (Chinese) (18.5 tons)
- Germany (15.7 tons)
- India (12.4 tons)
- Italy (9.0 tons)
- South Korea (4.7 tons)
This report provides an in-depth analysis of the glass fibre mat market in China. 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 23141162 - Glass fibre mats made of filaments
- Prodcom 23141217 - Glass fibre mats made of glass wool
- Prodcom 23141210 -
- Prodcom 23141220 -
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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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