Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,446 per ton in 2022, increasing by 7.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 8.4%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,288 per ton), while the price for Bahrain ($1,237 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), 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 Spain (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,822 per ton, picking up by 2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2017 an increase of 36% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
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 ($9,091 per ton), while the average price for exports to France ($1,820 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 India (+6.3%), 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 Spain
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Spain contracted to 152K tons in 2022, falling by -7.3% against the previous year. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 164K tons, and then dropped in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) shrank modestly to $372M 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 pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $375M, leveling off in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 53.0 | 39.5 | 48.2 | 61.0 | 4.8% |
| Belgium | 38.2 | 59.9 | 61.9 | 56.0 | 13.6% |
| China | 71.3 | 46.9 | 50.0 | 41.6 | -16.4% |
| Egypt | 22.6 | 15.2 | 14.9 | 25.2 | 3.7% |
| Germany | 21.3 | 22.8 | 29.4 | 23.5 | 3.3% |
| Italy | 18.2 | 13.9 | 18.9 | 20.6 | 4.2% |
| Turkey | 3.6 | 2.4 | 16.0 | 19.4 | 75.3% |
| Czech Republic | 10.8 | 11.1 | 14.2 | 18.7 | 20.1% |
| India | 6.9 | 15.1 | 15.5 | 12.1 | 20.6% |
| Slovakia | 4.7 | 5.8 | 6.2 | 7.6 | 17.4% |
| Bahrain | 3.1 | 1.1 | 3.0 | 7.3 | 33.0% |
| Thailand | 2.0 | 2.2 | 6.0 | 6.7 | 49.6% |
| Malaysia | 2.3 | 1.7 | 3.4 | 6.2 | 39.2% |
| Others | 61.7 | 55.8 | 87.3 | 66.1 | 2.3% |
| Total | 320 | 293 | 375 | 372 | 5.1% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Spain in 2022:
- France (33.1K tons)
- Egypt (19.1K tons)
- Belgium (17.4K tons)
- China (17.3K tons)
- Italy (9.0K tons)
- Turkey (8.9K tons)
- Czech Republic (6.9K tons)
- Bahrain (5.9K tons)
- Germany (5.5K tons)
- Malaysia (4.0K tons)
- Slovakia (4.0K tons)
- India (3.3K tons)
- Thailand (3.2K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Spain dropped to 73K tons, waning by -9.4% on the year before. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 80K tons, and then dropped in the following year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) declined to $278M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $298M, and then fell in the following year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.2 | 35.1 | 85.7 | 74.4 | 39.9% |
| France | 51.3 | 48.4 | 63.1 | 56.6 | 3.3% |
| Portugal | 17.7 | 14.0 | 18.6 | 24.9 | 12.0% |
| United States | 11.9 | 10.5 | 16.2 | 13.3 | 3.8% |
| Brazil | 5.6 | 16.0 | 11.5 | 10.7 | 24.1% |
| Italy | 8.3 | 7.1 | 10.8 | 10.1 | 6.8% |
| Poland | 7.3 | 7.7 | 7.4 | 6.8 | -2.3% |
| Morocco | 5.2 | 3.6 | 6.7 | 6.0 | 4.9% |
| India | 3.8 | 5.8 | 8.0 | 5.4 | 12.4% |
| Belgium | 4.9 | 4.4 | 7.2 | 4.8 | -0.7% |
| Japan | 2.3 | 2.5 | 2.1 | 4.8 | 27.8% |
| United Kingdom | 6.9 | 6.2 | 4.3 | 4.4 | -13.9% |
| China | 6.1 | 13.7 | 7.0 | 1.1 | -43.5% |
| Others | 44.9 | 38.2 | 49.6 | 54.5 | 6.7% |
| Total | 203 | 213 | 298 | 278 | 11.0% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Spain in 2022:
- France (31.1K tons)
- Portugal (9.6K tons)
- Germany (8.2K tons)
- United States (2.6K tons)
- Poland (2.3K tons)
- Italy (2.2K tons)
- Belgium (2.1K tons)
- Brazil (1.8K tons)
- Morocco (1.6K tons)
- Japan (1.6K tons)
- India (0.9K tons)
- United Kingdom (0.7K tons)
- China (0.1K tons)
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