Glass Fibre Voiles Price in India - 2021

Contents:

  1. Glass Fibre Voiles Price in India (CIF) - 2021
  2. Glass Fibre Voiles Price in India (FOB) - 2022
  3. Glass Fibre Voiles Imports in India
  4. Glass Fibre Voiles Exports in India

Glass Fibre Voiles Price in India (CIF) - 2021

In December 2021, the average glass fibre voiles import price amounted to $5,615 per ton, which is down by -18.7% against the previous month. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in May 2021 an increase of 57% m-o-m. The import price peaked at $10,542 per ton in December 2020; however, from January 2021 to December 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United States ($14,751 per ton), while the price for Germany ($1,418 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 France (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Voiles Price in India (FOB) - 2022

In 2022, the average glass fibre voiles export price amounted to $6,895 per ton, which is down by -8% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 83%. Over the period under review, the average export prices reached the maximum at $7,494 per ton in 2021, and then declined in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($6,908 per ton), while the average price for exports to the United Arab Emirates stood at $5,549 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+136.0%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Voiles Imports in India

Glass fibre voiles imports into India fell modestly to 2.3K tons in 2022, waning by -2.9% on 2021. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.2% against the previous year.

In value terms, glass fibre voiles imports declined to $12M in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

Import of Glass Fibre Voiles in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.82.23.63.119.9%
China3.52.73.22.7-8.3%
United Kingdom1.62.31.61.60.0%
Germany0.70.60.90.70.0%
Taiwan (Chinese)1.30.30.40.6-22.7%
Thailand1.10.40.40.5-23.1%
France0.70.40.20.4-17.0%
Others3.51.92.32.1-15.7%
Total14.310.812.511.7-6.5%

Top Suppliers of Glass Fibre Voiles to India in 2022:

  1. China (919.3 tons)
  2. Taiwan (Chinese) (287.3 tons)
  3. United States (280.3 tons)
  4. United Kingdom (269.8 tons)
  5. Thailand (127.7 tons)
  6. Germany (61.1 tons)
  7. France (30.6 tons)

Glass Fibre Voiles Exports in India

In 2022, after three years of growth, there was significant decline in overseas shipments of glass fibre voiles, when their volume decreased by -37.6% to 31 tons. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 298% against the previous year. As a result, the exports attained the peak of 50 tons, and then plummeted in the following year.

In value terms, glass fibre voiles exports contracted dramatically to $215K in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 576% against the previous year. As a result, the exports reached the peak of $375K, and then contracted significantly in the following year.

Export of Glass Fibre Voiles in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar2.417.2200123271.4%
United Arab Emirates3.30.481.973.5181.4%
China20.7N/AN/AN/A0%
MozambiqueN/A10.3N/AN/A0%
MoroccoN/A5.8N/AN/A0%
NepalN/A16.927.9N/A65.1%
Others4.84.864.718.657.1%
Total31.355.437521590.1%

Top Export Markets for Glass Fibre Voiles from India in 2022:

  1. Qatar (17.8 tons)
  2. United Arab Emirates (13.2 tons)

Source: IndexBox Market Intelligence Platform

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