Saudi Arabia - 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 Saudi Arabia - 2021
Contents:
- Price for Glass Fibre and Article in Saudi Arabia (CIF) - 2022
- Price for Glass Fibre and Article in Saudi Arabia (FOB) - 2022
- Imports of Glass Fibre and Article in Saudi Arabia
- Exports of Glass Fibre and Article in Saudi Arabia
Price for Glass Fibre and Article in Saudi Arabia (CIF) - 2022
In 2022, the average glass fibre and article import price amounted to $1,723 per ton, reducing by -12.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 70%. As a result, import price attained the peak level of $2,621 per ton. From 2017 to 2022, the average 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 the United Arab Emirates ($4,869 per ton), while the price for Bahrain ($918 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Glass Fibre and Article in Saudi Arabia (FOB) - 2022
The average glass fibre and article export price stood at $1,718 per ton in 2022, which is down by -10.4% against the previous year. Overall, the export price continues to indicate a mild descent. The pace of growth appeared the most rapid in 2015 an increase of 39%. Over the period under review, the average export prices hit record highs at $1,927 per ton in 2012; however, from 2013 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 Oman ($3,465 per ton), while the average price for exports to India ($671 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 Oman (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibre and Article in Saudi Arabia
In 2022, approx. 80K tons of glass fibres and glass fibre articles were imported into Saudi Arabia; with a decrease of -3.4% on the previous year. In general, imports saw a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 4.7% against the previous year.
In value terms, glass fibre and article imports contracted significantly to $138M in 2022. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.
| Import of Glass Fibre and Article in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 52.9 | 37.0 | 59.7 | 72.3 | 11.0% |
| United Arab Emirates | 76.2 | 23.3 | 16.9 | 23.3 | -32.6% |
| Kuwait | 11.2 | 11.2 | 10.5 | 12.4 | 3.5% |
| United States | 7.3 | 4.6 | 1.9 | 5.1 | -11.3% |
| Bahrain | 9.7 | 8.7 | 50.3 | 3.6 | -28.1% |
| Japan | 2.5 | 2.8 | 2.8 | 3.3 | 9.7% |
| Malaysia | 4.8 | 1.9 | 2.7 | 2.7 | -17.5% |
| Others | 23.1 | 23.0 | 19.1 | 15.6 | -12.3% |
| Total | 188 | 113 | 164 | 138 | -9.8% |
Top Suppliers of Glass Fibre and Article to Saudi Arabia in 2022:
- China (52.7K tons)
- Kuwait (6.4K tons)
- United Arab Emirates (4.8K tons)
- Bahrain (3.9K tons)
- Malaysia (2.7K tons)
- United States (2.6K tons)
- Japan (1.2K tons)
Exports of Glass Fibre and Article in Saudi Arabia
In 2022, approx. 23K tons of glass fibres and glass fibre articles were exported from Saudi Arabia; with an increase of 1.8% against 2021. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year.
In value terms, glass fibre and article exports fell to $39M in 2022. In general, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 33%.
| Export of Glass Fibre and Article in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 18.7 | 8.1 | 11.8 | 10.7 | -17.0% |
| Kuwait | 18.0 | 6.6 | 4.1 | 7.0 | -27.0% |
| Egypt | 0.9 | 1.4 | 7.3 | 5.9 | 87.2% |
| Bahrain | 6.4 | 8.1 | 4.2 | 4.9 | -8.5% |
| Oman | 1.1 | 1.1 | 3.8 | 2.6 | 33.2% |
| India | 1.4 | 2.0 | 1.8 | 1.9 | 10.7% |
| Tunisia | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| Lebanon | N/A | N/A | N/A | 0.9 | 0% |
| Turkey | 0.1 | 0.2 | 1.1 | 0.5 | 71.0% |
| Others | 4.7 | 4.9 | 8.9 | 3.7 | -7.7% |
| Total | 51.4 | 32.5 | 43.0 | 39.2 | -8.6% |
Top Export Markets for Glass Fibre and Article from Saudi Arabia in 2022:
- United Arab Emirates (7.1K tons)
- Kuwait (3.3K tons)
- India (2.8K tons)
- Bahrain (2.7K tons)
- Egypt (2.2K tons)
- Lebanon (0.9K tons)
- Oman (0.7K tons)
- Tunisia (0.7K tons)
- Turkey (0.4K tons)
This report provides an in-depth analysis of the market for glass fibre and article in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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
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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 Saudi Arabia.
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This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in Saudi Arabia.
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