Glass Fibre Voiles Price in Indonesia - 2022
Contents:
- Glass Fibre Voiles Price in Indonesia (CIF) - 2022
- Glass Fibre Voiles Price in Indonesia (FOB) - 2022
- Glass Fibre Voiles Imports in Indonesia
- Glass Fibre Voiles Exports in Indonesia
Glass Fibre Voiles Price in Indonesia (CIF) - 2022
In 2022, the average glass fibre voiles import price amounted to $5,855 per ton, jumping by 59% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 90% against the previous year. Over the period under review, average import prices attained the maximum 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 the Philippines ($9,776 per ton), while the price for China ($4,171 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Voiles Price in Indonesia (FOB) - 2022
In 2022, the average glass fibre voiles export price amounted to $2,621 per ton, declining by -25.8% against the previous year. Overall, the export price saw a mild setback. The pace of growth appeared the most rapid in 2014 an increase of 110% against the previous year. The export price peaked at $6,975 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($50,688 per ton), while the average price for exports to the Philippines ($720 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 Norway (+25.6%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fibre Voiles Imports in Indonesia
In 2022, overseas purchases of glass fibre voiles decreased by -38.3% to 178 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 104% against the previous year. As a result, imports attained the peak of 438 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, glass fibre voiles imports declined modestly to $1M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year.
| Import of Glass Fibre Voiles in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 269 | 558 | 731 | 663 | 35.1% |
| South Korea | 81.2 | 28.8 | 9.9 | 39.6 | -21.3% |
| Philippines | 17.7 | 24.8 | 37.4 | 33.9 | 24.2% |
| Others | 289 | 236 | 285 | 309 | 2.3% |
| Total | 657 | 848 | 1,063 | 1,045 | 16.7% |
Top Suppliers of Glass Fibre Voiles to Indonesia in 2022:
- China (158.8 tons)
- South Korea (5.0 tons)
- Philippines (3.5 tons)
Glass Fibre Voiles Exports in Indonesia
In 2022, approx. 21 tons of glass fibre voiles were exported from Indonesia; rising by 77% compared with the previous year's figure. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre voiles exports surged to $56K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 76%. As a result, the exports attained the peak of $69K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Glass Fibre Voiles in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 22.5 | 41.8 | 7.3 | 34.7 | 15.5% |
| Philippines | 8.5 | 16.1 | 2.9 | 13.9 | 17.8% |
| Maldives | 1.0 | 2.0 | 0.5 | 1.6 | 17.0% |
| China | 1.2 | 1.6 | 0.2 | 0.9 | -9.1% |
| Pakistan | N/A | N/A | 31.0 | N/A | 0% |
| Others | 6.2 | 7.7 | 0.7 | 4.6 | -9.5% |
| Total | 39.3 | 69.2 | 42.5 | 55.8 | 12.4% |
Top Export Markets for Glass Fibre Voiles from Indonesia in 2022:
- Philippines (19.4 tons)
- Norway (0.7 tons)
- Maldives (0.6 tons)
- China (0.3 tons)
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