Tunisia: Market for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles 2024

Market Size for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in Tunisia

The Tunisian market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles declined slightly to $X in 2022, flattening at the previous year. In general, consumption, however, recorded a noticeable decrease. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in Tunisia

In value terms, production of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles contracted slightly to $X in 2022 estimated in export price. Overall, production saw a noticeable descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Exports from Tunisia

In 2022, after three years of decline, there was significant decline in shipments abroad of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles shrank dramatically to $X in 2022. Overall, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

France (X tons) was the main destination for exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from Tunisia, accounting for a X% share of total exports. Moreover, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to France exceeded the volume sent to the second major destination, Spain (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Italy (X% per year).

In value terms, France ($X) remains the key foreign market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles exports from Tunisia, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Italy (X% per year).

Export Prices by Country

The average export price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price continues to indicate a pronounced increase. The growth pace was the most rapid in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Libya ($X 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 Italy (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Imports into Tunisia

In 2022, purchases abroad of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed a mild expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles skyrocketed to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of glass fibre filament, roving, and staple glass fibre article to Tunisia, accounting for a X% share of total imports. Moreover, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from China exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Egypt (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Egypt (X% per year).

In value terms, the largest glass fibre filament, roving, and staple glass fibre article suppliers to Tunisia were France ($X), China ($X) and Egypt ($X), with a combined X% share of total imports. Mexico, the Czech Republic, the UK, Greece, Bahrain, Libya and Belgium lagged somewhat behind, together comprising a further X%.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles amounted to $X per ton, growing by X% against the previous year. In general, the import price showed a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Libya ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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