Glass Fibre Voiles Price in China - 2021
Contents:
- Glass Fibre Voiles Price in China (FOB) - 2021
- Glass Fibre Voiles Price in China (CIF) - 2021
- Glass Fibre Voiles Exports in China
- Glass Fibre Voiles Imports in China
Glass Fibre Voiles Price in China (FOB) - 2021
In December 2021, the average glass fibre voiles export price amounted to $2,232 per ton, dropping by -11.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 an increase of 29% month-to-month. The export price peaked at $2,597 per ton in July 2021; however, from August 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was India ($3,267 per ton), while the average price for exports to the United States ($1,411 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Voiles Price in China (CIF) - 2021
In December 2021, the average glass fibre voiles import price amounted to $5,858 per ton, increasing by 2.1% against the previous month. Overall, import price indicated a mild increase from December 2020 to December 2021: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, glass fibre voiles import price decreased by -38.2% against July 2021 indices. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 113% month-to-month. As a result, import price reached the peak level of $10,043 per ton. From February 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($25,955 per ton), while the price for Saudi Arabia ($2,900 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Voiles Exports in China
Glass fibre voiles exports from China dropped sharply to less than 0.1 kg in 2022, with a decrease of 99.9% on the previous year. In general, exports continue to indicate a abrupt shrinkage. The smallest decline of -4.6% was in 2021.
In value terms, glass fibre voiles exports dropped to $26M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of $28M, and then contracted in the following year.
| Export of Glass Fibre Voiles in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| South Korea | 3.6 | 3.8 | 5.0 | 17.9% | |
| Turkey | 1.1 | 4.0 | 3.2 | 70.6% | |
| India | 3.5 | 2.7 | 3.2 | -4.4% | |
| United States | 4.6 | 3.0 | 2.0 | -34.1% | |
| Spain | 1.7 | 1.6 | 2.0 | 8.5% | |
| Russia | 0.6 | 0.8 | 1.8 | 73.2% | |
| Vietnam | 1.5 | 0.4 | 1.1 | -14.4% | |
| Thailand | 0.3 | 0.6 | 1.1 | 91.5% | |
| Canada | 0.4 | 0.2 | 0.8 | 41.4% | |
| Indonesia | 0.4 | 0.3 | 0.7 | 32.3% | |
| Algeria | 2.1 | 1.9 | 0.5 | -51.2% | |
| Philippines | 0.1 | N/A | 0.3 | 73.2% | |
| Bangladesh | 0.9 | 0.2 | 0.2 | -52.9% | |
| Others | 5.2 | 4.2 | 6.4 | 10.9% | |
| Total | 26.0 | 23.7 | 28.2 | 4.1% | |
Top Export Markets for Glass Fibre Voiles from China in 2022:
- South Korea (2472.9 tons)
- Turkey (2420.9 tons)
- United States (1080.0 tons)
- Spain (975.5 tons)
- India (857.3 tons)
- Russia (705.6 tons)
- Vietnam (318.2 tons)
- Thailand (294.6 tons)
- Canada (292.5 tons)
- Algeria (278.6 tons)
- Philippines (225.1 tons)
- Indonesia (212.1 tons)
- Bangladesh (51.0 tons)
Glass Fibre Voiles Imports in China
After two years of growth, overseas purchases of glass fibre voiles decreased by -41.1% to 2.1K tons in 2021. Over the period under review, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 123%. As a result, imports attained the peak of 3.5K tons, and then shrank sharply in the following year.
In value terms, glass fibre voiles imports declined sharply to $11M in 2021. In general, total imports indicated a resilient expansion from 2019 to 2021: its value increased at an average annual rate of +11.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 70%. As a result, imports attained the peak of $15M, and then reduced notably in the following year.
| Import of Glass Fibre Voiles in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 2.5 | 3.3 | 3.6 | 20.0% | |
| Belgium | 0.1 | 1.6 | 2.5 | 400.0% | |
| Italy | 2.5 | 5.8 | 1.8 | -15.1% | |
| Japan | 1.5 | 2.8 | 1.4 | -3.4% | |
| Germany | 0.3 | 0.6 | 0.6 | 41.4% | |
| Others | 2.2 | 1.4 | 1.3 | -23.1% | |
| Total | 9.1 | 15.5 | 11.3 | 11.4% | |
Top Suppliers of Glass Fibre Voiles to China in 2022:
- Belgium (740.6 tons)
- Italy (700.1 tons)
- United States (370.2 tons)
- Japan (54.9 tons)
- Germany (48.2 tons)
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