Glass Fibre Voiles Price in Saudi Arabia - 2021
Contents:
Glass Fibre Voiles Price in Saudi Arabia (FOB) - 2022
The average glass fibre voiles export price stood at $2,998 per ton in 2022, increasing by 3.4% against the previous year. Over the period under review, the export price showed strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 112%. As a result, the export price reached the peak level of $4,915 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Sri Lanka.
From 2018 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -23.1% per year.
Glass Fibre Voiles Exports in Saudi Arabia
After three years of growth, shipments abroad of glass fibre voiles decreased by -23.4% to 12 tons in 2022. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,284%.
In value terms, glass fibre voiles exports reduced markedly to $36K in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 379%.
| Export of Glass Fibre Voiles in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Sri Lanka | N/A | N/A | 36.3 | 0% | |
| Morocco | N/A | 90.4 | N/A | 0% | |
| United Arab Emirates | 65.1 | 24.8 | N/A | -61.9% | |
| Egypt | N/A | 84.4 | N/A | 0% | |
| Others | -38.3 | -153.8 | N/A | 301.6% | |
| Total | 26.7 | 45.9 | 36.3 | 16.6% | |
Top Export Markets for Glass Fibre Voiles from Saudi Arabia in 2022:
- Sri Lanka (12.1 tons)
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