Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina (CIF) - 2023
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina (CIF) - 2023
In June 2023, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $1,823 per ton, leveling off at the previous month. In general, the import price, however, faced a abrupt setback. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 65% m-o-m. The import price peaked at $4,015 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,454 per ton), while the price for China ($1,280 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (-11.2%), while the prices for the other major suppliers experienced a decline.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $6,188 per ton, reducing by -21.1% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 132% against the previous year. The export price peaked at $7,845 per ton in 2021, and then contracted significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($8,221 per ton), while the average price for exports to Paraguay ($1,489 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 Chile (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina
In 2022, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Argentina shrank to 20K tons, waning by -10.1% on the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of 23K tons, and then declined in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $60M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +97.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 12.0 | 22.0 | 25.3 | 32.0% |
| Brazil | 12.3 | 9.7 | 14.5 | 17.8 | 13.1% |
| United States | 7.3 | 3.1 | 3.5 | 3.9 | -18.9% |
| Czech Republic | 0.3 | 0.1 | 0.2 | 3.6 | 128.9% |
| Malaysia | 0.8 | 0.3 | 0.6 | 1.2 | 14.5% |
| Egypt | N/A | 0.1 | 1.6 | 0.1 | 0.0% |
| Others | 7.1 | 5.0 | 7.3 | 8.1 | 4.5% |
| Total | 38.8 | 30.4 | 49.9 | 60.0 | 15.6% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Argentina in 2022:
- China (10.3K tons)
- Brazil (6.6K tons)
- United States (1.0K tons)
- Malaysia (0.6K tons)
- Czech Republic (0.5K tons)
- Egypt (0.1K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina
In 2022, overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) were finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $7M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 226 | N/A | 122 | 5,436 | 188.7% |
| Uruguay | 115 | 179 | N/A | 1,209 | 119.1% |
| Peru | 109 | N/A | N/A | 185 | 19.3% |
| Bolivia | 119 | 76.7 | 15.6 | N/A | -63.8% |
| Others | 77.8 | 35.6 | 5.6 | 169 | 29.5% |
| Total | 647 | 291 | 143 | 6,999 | 121.2% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Argentina in 2022:
- Chile (941.6 tons)
- Uruguay (147.1 tons)
- Peru (26.8 tons)
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