Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,317 per ton, with an increase of 3.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 9.4% against the previous year. The import price peaked at $2,507 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($30,473 per ton), while the price for Belgium ($1,142 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+37.0%), 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 Germany (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $5,151 per ton in 2022, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7,365 per ton), while the average price for exports to Denmark ($2,637 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 the Czech Republic (+4.5%), 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 Germany
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Germany contracted slightly to 593K tons in 2022, approximately mirroring the previous year. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports attained the peak of 600K tons, and then declined modestly in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) expanded slightly to $1.4B in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 174 | 202 | 271 | 270 | 15.8% |
| Netherlands | 98.7 | 80.5 | 98.1 | 115 | 5.2% |
| Czech Republic | 94.3 | 96.5 | 111 | 112 | 5.9% |
| China | 63.4 | 65.4 | 94.5 | 112 | 20.9% |
| France | 87.4 | 66.1 | 87.0 | 111 | 8.3% |
| Slovakia | 60.5 | 55.2 | 70.4 | 61.5 | 0.5% |
| United Kingdom | 80.9 | 67.0 | 72.2 | 55.8 | -11.6% |
| Italy | 28.0 | 23.0 | 28.2 | 34.8 | 7.5% |
| Taiwan (Chinese) | 15.8 | 10.3 | 24.3 | 34.4 | 29.6% |
| Latvia | 29.2 | 28.8 | 36.0 | 34.3 | 5.5% |
| Egypt | 22.9 | 7.6 | 21.3 | 31.6 | 11.3% |
| Russia | 31.5 | 31.7 | 45.4 | 22.9 | -10.1% |
| Malaysia | 11.8 | 12.1 | 19.1 | 19.8 | 18.8% |
| Others | 385 | 293 | 363 | 358 | -2.4% |
| Total | 1,183 | 1,039 | 1,342 | 1,373 | 5.1% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Germany in 2022:
- Belgium (236.5K tons)
- Netherlands (59.3K tons)
- China (44.2K tons)
- Czech Republic (38.6K tons)
- Slovakia (34.0K tons)
- Egypt (26.8K tons)
- France (23.2K tons)
- Taiwan (Chinese) (15.5K tons)
- Malaysia (12.6K tons)
- Italy (10.1K tons)
- Latvia (9.4K tons)
- United Kingdom (7.2K tons)
- Russia (6.2K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany
Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Germany shrank to 210K tons in 2022, waning by -5.9% on the year before. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 10%. As a result, the exports reached the peak of 223K tons, and then contracted in the following year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $1.1B in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 110 | 103 | 123 | 120 | 2.9% |
| United States | 60.9 | 53.3 | 87.2 | 119 | 25.0% |
| Poland | 54.0 | 53.9 | 66.1 | 75.7 | 11.9% |
| Austria | 63.3 | 58.0 | 71.7 | 75.3 | 6.0% |
| Italy | 55.4 | 50.9 | 63.1 | 72.8 | 9.5% |
| Switzerland | 44.2 | 42.1 | 51.3 | 53.0 | 6.2% |
| Czech Republic | 48.2 | 38.4 | 43.5 | 46.2 | -1.4% |
| Netherlands | 36.3 | 33.9 | 39.1 | 42.4 | 5.3% |
| United Kingdom | 34.2 | 33.0 | 32.0 | 33.7 | -0.5% |
| Denmark | 34.3 | 35.5 | 30.8 | 30.1 | -4.3% |
| Belgium | 39.3 | 32.9 | 29.3 | 29.5 | -9.1% |
| Turkey | 29.7 | 32.3 | 36.2 | 29.0 | -0.8% |
| Spain | 23.1 | 25.1 | 25.1 | 25.7 | 3.6% |
| Others | 325 | 292 | 328 | 330 | 0.5% |
| Total | 958 | 884 | 1,026 | 1,083 | 4.2% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Germany in 2022:
- France (27.5K tons)
- Poland (22.3K tons)
- Austria (20.5K tons)
- United States (18.2K tons)
- Italy (14.4K tons)
- Czech Republic (12.1K tons)
- Denmark (11.4K tons)
- Switzerland (10.7K tons)
- Netherlands (8.3K tons)
- Turkey (5.9K tons)
- Spain (5.2K tons)
- United Kingdom (4.6K tons)
- Belgium (4.5K tons)
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