Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria - 2023

Contents:

  1. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria (CIF) - 2022
  2. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria (FOB) - 2022
  3. Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria
  4. Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria (CIF) - 2022

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,884 per ton, reducing by -3.2% against the previous year. Overall, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 11%. The import price peaked at $3,876 per ton in 2013; however, from 2014 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 the UK ($8,740 per ton), while the price for Slovakia ($1,213 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria (FOB) - 2022

The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $7,883 per ton in 2022, increasing by 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2013 an increase of 26%. The export price peaked at $8,417 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21,534 per ton), while the average price for exports to Slovakia ($2,606 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 Bulgaria (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria

Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Austria expanded significantly to 71K tons in 2022, increasing by 8.7% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) expanded notably to $206M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany57.657.877.079.511.3%
Czech Republic19.423.126.528.413.5%
France21.614.718.320.9-1.1%
Slovakia4.85.48.110.128.1%
Poland8.28.29.28.82.4%
Slovenia5.45.37.47.09.0%
Belgium2.33.24.36.642.1%
China6.23.64.95.4-4.5%
Switzerland4.83.84.35.22.7%
Italy4.94.05.14.8-0.7%
Tunisia4.13.43.02.6-14.1%
United Kingdom7.15.74.41.9-35.6%
Egypt6.01.60.2N/A-81.7%
Others24.217.322.624.40.3%
Total1771571952065.2%

Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Austria in 2022:

  1. Germany (20.6K tons)
  2. Czech Republic (12.4K tons)
  3. Slovakia (8.4K tons)
  4. Poland (5.8K tons)
  5. Slovenia (3.9K tons)
  6. Switzerland (3.9K tons)
  7. Belgium (3.5K tons)
  8. France (2.7K tons)
  9. Tunisia (1.0K tons)
  10. Italy (0.9K tons)
  11. China (0.8K tons)
  12. United Kingdom (0.2K tons)

Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria

Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Austria stood at 10K tons in 2022, approximately equating the previous year's figure. In general, exports, however, saw a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) rose sharply to $79M in 2022. The total export value increased at an average annual rate of +2.2% 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 when exports increased by 14%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21.517.718.321.2-0.5%
France13.911.211.912.0-4.8%
Czech Republic6.96.77.87.52.8%
Bulgaria3.43.03.54.812.2%
United States3.83.13.24.34.2%
Croatia0.50.53.23.794.9%
Hungary2.63.12.82.2-5.4%
Slovenia1.11.61.82.022.1%
Switzerland1.51.51.81.98.2%
Slovakia0.30.21.11.778.3%
Romania1.01.41.51.39.1%
Ukraine1.91.10.71.1-16.7%
Italy1.00.81.31.13.2%
Others14.912.514.614.3-1.4%
Total74.364.573.579.22.2%

Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Austria in 2022:

  1. France (2276.7 tons)
  2. Germany (2028.5 tons)
  3. Croatia (1037.9 tons)
  4. Czech Republic (861.8 tons)
  5. Slovakia (635.7 tons)
  6. Bulgaria (476.7 tons)
  7. Romania (347.0 tons)
  8. Ukraine (266.1 tons)
  9. Slovenia (260.2 tons)
  10. Switzerland (237.7 tons)
  11. Hungary (221.3 tons)
  12. Italy (218.6 tons)
  13. United States (201.6 tons)

Source: IndexBox Market Intelligence Platform

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