Russian Federation - 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 Russia - 2022
Contents:
- Price for Glass Fibre and Article in Russia (CIF) - 2022
- Price for Glass Fibre and Article in Russia (FOB) - 2022
- Imports of Glass Fibre and Article in Russia
- Exports of Glass Fibre and Article in Russia
Price for Glass Fibre and Article in Russia (CIF) - 2022
In 2022, the average glass fibre and article import price amounted to $1,719 per ton, with a decrease of -14.1% against the previous year. Overall, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 6.1% against the previous year. Over the period under review, average import prices reached the maximum at $2,185 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Germany ($3,990 per ton), while the price for Egypt ($326 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Fibre and Article in Russia (FOB) - 2022
In 2022, the average glass fibre and article export price amounted to $1,571 per ton, waning by -1.6% against the previous year. In general, the export price saw a slight contraction. The pace of growth was the most pronounced in 2021 an increase of 23%. The export price peaked at $1,985 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,188 per ton), while the average price for exports to Ukraine ($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 Germany (+2.7%), while the prices for the other major destinations experienced a decline.
Imports of Glass Fibre and Article in Russia
For the fourth year in a row, Russia recorded growth in purchases abroad of glass fibres and glass fibre articles, which increased by 7.9% to 145K tons in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +63.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, glass fibre and article imports fell to $249M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +43.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of $269M, and then declined in the following year.
| Import of Glass Fibre and Article in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.2 | 57.6 | 111 | 159 | 36.7% |
| Germany | 11.3 | 10.5 | 15.5 | 14.7 | 9.2% |
| Belarus | 42.0 | 43.6 | 56.4 | 10.8 | -36.4% |
| France | 2.5 | 3.5 | 5.5 | 10.1 | 59.3% |
| Egypt | 1.2 | 1.8 | 6.3 | 3.0 | 35.7% |
| Taiwan (Chinese) | 7.1 | 5.7 | 6.6 | N/A | -3.6% |
| Others | 47.0 | 52.0 | 67.1 | 51.7 | 3.2% |
| Total | 173 | 175 | 269 | 249 | 12.9% |
Top Suppliers of Glass Fibre and Article to Russia in 2022:
- Taiwan (Chinese) (undefinedK tons)
- China (111.0K tons)
- Egypt (9.1K tons)
- Belarus (7.3K tons)
- Germany (3.7K tons)
- France (3.4K tons)
Exports of Glass Fibre and Article in Russia
In 2022, the amount of glass fibres and glass fibre articles exported from Russia expanded to 116K tons, picking up by 2.1% compared with 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 5.6% against the previous year.
In value terms, glass fibre and article exports amounted to $182M in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Glass Fibre and Article in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.3 | 30.8 | 43.5 | 35.9 | 5.8% |
| Kazakhstan | 17.2 | 15.5 | 22.8 | 24.5 | 12.5% |
| Ukraine | 14.4 | 14.0 | 18.1 | 17.4 | 6.5% |
| Belgium | 5.7 | 7.9 | 10.3 | 13.7 | 34.0% |
| Belarus | 11.3 | 9.9 | 11.9 | 12.0 | 2.0% |
| Poland | 9.9 | 6.6 | 9.9 | 9.0 | -3.1% |
| Uzbekistan | 5.3 | 4.2 | 5.9 | 8.6 | 17.5% |
| Finland | 2.6 | 3.8 | 3.8 | 5.5 | 28.4% |
| Czech Republic | 5.7 | 6.1 | 4.1 | 5.3 | -2.4% |
| United Kingdom | 10.5 | 2.3 | 4.9 | 5.0 | -21.9% |
| Serbia | 4.7 | 4.3 | 4.9 | 5.0 | 2.1% |
| Kyrgyzstan | 2.6 | 2.6 | 2.8 | 3.1 | 6.0% |
| Romania | 4.0 | 4.0 | 2.7 | 2.3 | -16.8% |
| Others | 25.0 | 27.9 | 35.1 | 34.4 | 11.2% |
| Total | 149 | 140 | 181 | 182 | 6.9% |
Top Export Markets for Glass Fibre and Article from Russia in 2022:
- Ukraine (21.2K tons)
- Kazakhstan (15.5K tons)
- Germany (11.3K tons)
- Belgium (8.9K tons)
- Belarus (7.6K tons)
- Poland (6.0K tons)
- Finland (5.5K tons)
- United Kingdom (5.4K tons)
- Czech Republic (4.9K tons)
- Uzbekistan (4.1K tons)
- Kyrgyzstan (2.8K tons)
- Serbia (2.8K tons)
- Romania (2.4K tons)
This report provides an in-depth analysis of the market for glass fibre and article in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
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This report provides an in-depth analysis of the market for glass fibre and article in the Russian Federation.
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