Brazil - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Fibre and Article in Brazil - 2023
Contents:
- Price for Glass Fibre and Article in Brazil (CIF) - 2022
- Price for Glass Fibre and Article in Brazil (FOB) - 2022
- Imports of Glass Fibre and Article in Brazil
- Exports of Glass Fibre and Article in Brazil
Price for Glass Fibre and Article in Brazil (CIF) - 2022
In 2022, the average glass fibre and article import price amounted to $2,418 per ton, which is down by -7.2% against the previous year. Over the period under review, the import price showed a slight contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 27% against the previous year. The import price peaked at $2,958 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 Mexico ($12,299 per ton), while the price for India ($1,574 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibre and Article in Brazil (FOB) - 2022
The average glass fibre and article export price stood at $1,926 per ton in 2022, increasing by 17% against the previous year. Over the period under review, the export price, however, saw a slight downturn. The export price peaked at $2,303 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,928 per ton), while the average price for exports to Belgium ($1,296 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 Argentina (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibre and Article in Brazil
In 2022, overseas purchases of glass fibres and glass fibre articles decreased by -7.8% to 70K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% 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 +41.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of 76K tons, and then fell in the following year.
In value terms, glass fibre and article imports reduced to $170M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +38.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $199M, and then contracted in the following year.
Import of Glass Fibre and Article in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 48.1 | 49.9 | 98.4 | 89.3 | 22.9% |
India | 7.5 | 11.1 | 21.8 | 21.5 | 42.1% |
United States | 19.2 | 12.6 | 19.1 | 10.9 | -17.2% |
Belgium | 3.3 | 7.0 | 6.9 | 6.2 | 23.4% |
South Korea | 5.6 | 4.0 | 6.6 | 4.0 | -10.6% |
Malaysia | 2.1 | 2.0 | 2.8 | 3.5 | 18.6% |
Spain | 5.9 | 4.5 | 1.7 | 1.8 | -32.7% |
Others | 30.9 | 38.6 | 41.6 | 33.2 | 2.4% |
Total | 123 | 130 | 199 | 170 | 11.4% |
Top Suppliers of Glass Fibre and Article to Brazil in 2022:
- China (45.0K tons)
- India (13.7K tons)
- Malaysia (2.0K tons)
- Belgium (1.6K tons)
- United States (1.2K tons)
- South Korea (1.1K tons)
- Spain (0.5K tons)
Exports of Glass Fibre and Article in Brazil
Glass fibre and article exports from Brazil fell to 27K tons in 2022, dropping by -3.6% on the previous year. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of 28K tons, and then contracted in the following year.
In value terms, glass fibre and article exports rose markedly to $52M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 increased by +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Glass Fibre and Article in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.7 | 4.8 | 8.9 | 13.6 | 11.9% |
Argentina | 11.1 | 8.7 | 13.9 | 13.6 | 7.0% |
Belgium | 3.4 | 3.8 | 5.5 | 4.8 | 12.2% |
Colombia | 2.5 | 1.3 | 2.9 | 2.4 | -1.4% |
Italy | 0.3 | 0.7 | 1.6 | 2.1 | 91.3% |
United Kingdom | 0.6 | 0.1 | 0.8 | 1.9 | 46.8% |
Mexico | 1.3 | 0.6 | 0.9 | 1.7 | 9.4% |
Poland | 0.8 | 0.9 | 0.8 | 1.5 | 23.3% |
Chile | 1.0 | 1.0 | 1.3 | 1.4 | 11.9% |
Germany | 0.2 | 0.1 | 0.7 | 1.3 | 86.6% |
Spain | 0.7 | 0.3 | 0.7 | 1.2 | 19.7% |
Others | 9.2 | 10.7 | 8.4 | 6.9 | -9.1% |
Total | 40.7 | 33.0 | 46.6 | 52.4 | 8.8% |
Top Export Markets for Glass Fibre and Article from Brazil in 2022:
- United States (8.3K tons)
- Argentina (5.8K tons)
- Belgium (3.7K tons)
- Italy (1.4K tons)
- Colombia (1.3K tons)
- Poland (1.0K tons)
- United Kingdom (1.0K tons)
- Mexico (0.8K tons)
- Spain (0.8K tons)
- Germany (0.5K tons)
- Chile (0.5K tons)
This report provides an in-depth analysis of the market for glass fibre and article in Brazil. 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
- Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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
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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
This report provides an in-depth analysis of the market for glass fibre and article in Brazil.
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in Brazil.
This report provides an in-depth analysis of the market for glass fibre chopped strand in Brazil.
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This report provides an in-depth analysis of the glass fibre filament market in Brazil.
This report provides an in-depth analysis of the market for staple glass fibre articles in Brazil.
This report provides an in-depth analysis of the glass fibre fabrics market in Brazil.
This report provides an in-depth analysis of the glass fiber market in Brazil.
This report provides an in-depth analysis of the filament mat market in Brazil.
This report provides an in-depth analysis of the glass wool mat market in Brazil.
In February 2023, the CIF price of glass fiber per ton in Brazil was $9,478, a 12% increase from the previous month.
2020 was a serious test for the glass fibre market. The fall in production was extreme in April 2020. Still, demand began to recover in the second half of the year thanks to a recovery in the composite consumer goods sector. Chinese glass fibres and glass fibre articles became more expensive in the strengthening of the yuan and, also, hit by the European Union's anti-dumping duties.
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In February 2023, the CIF price of glass fiber per ton in Brazil was $9,478, a 12% increase from the previous month.