Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $1,811 per ton, increasing by 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2013 when the average import price increased by 20%. The import price peaked at $1,983 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($5,043 per ton), while the price for Russia ($1,049 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $3,725 per ton in 2022, rising by 19% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -2.3% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 33% against the previous year. The export price peaked at $4,906 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($11,214 per ton), while the average price for exports to Lithuania ($2,346 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 Poland (+9.0%), 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 Estonia
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) imported into Estonia was estimated at 14K tons, remaining constant against the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) reached $25M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 10.0 | 8.8 | 10.7 | 11.7 | 5.4% |
| Latvia | 0.2 | 0.4 | 0.5 | 1.8 | 108.0% |
| Czech Republic | 0.4 | 0.8 | 1.4 | 1.2 | 44.2% |
| Egypt | 0.8 | 0.6 | 1.2 | 1.1 | 11.2% |
| Russia | 0.5 | 0.5 | 0.9 | 1.1 | 30.1% |
| Poland | 0.6 | 0.8 | 1.1 | 1.0 | 18.6% |
| Sweden | 1.1 | 1.0 | 1.5 | 1.0 | -3.1% |
| Germany | 1.5 | 1.1 | 0.7 | 1.0 | -12.6% |
| Lithuania | 0.4 | 0.8 | 1.1 | 0.8 | 26.0% |
| Turkey | 0.1 | 0.1 | 0.6 | 0.7 | 91.3% |
| China | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Bahrain | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| Others | 2.4 | 1.7 | 2.0 | 2.9 | 6.5% |
| Total | 18.9 | 17.4 | 22.8 | 24.9 | 9.6% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Estonia in 2022:
- Finland (8.0K tons)
- Russia (1.0K tons)
- Czech Republic (0.8K tons)
- Egypt (0.6K tons)
- Latvia (0.6K tons)
- Poland (0.4K tons)
- Turkey (0.3K tons)
- Germany (0.3K tons)
- Bahrain (0.2K tons)
- Lithuania (0.2K tons)
- Sweden (0.2K tons)
- China (0.2K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Estonia
In 2022, approx. 1.3K tons of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) were exported from Estonia; increasing by 23% compared with 2021 figures. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $4.7M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.2% against 2019 indices. As a result, the exports reached 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 Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 103 | 500 | 173 | 1,612 | 150.1% |
| Latvia | 637 | 516 | 1,177 | 946 | 14.1% |
| Lithuania | 321 | 297 | 627 | 531 | 18.3% |
| Finland | 631 | 463 | 533 | 382 | -15.4% |
| Poland | 77.1 | 74.9 | 91.8 | 327 | 61.9% |
| United Kingdom | 0.6 | 4.1 | 2.9 | 287 | 682.1% |
| Sweden | 147 | 126 | 163 | 125 | -5.3% |
| Ukraine | 297 | 1.7 | 3.3 | 97.5 | -31.0% |
| Others | 361 | 858 | 398 | 360 | -0.1% |
| Total | 2,575 | 2,840 | 3,171 | 4,666 | 21.9% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Estonia in 2022:
- Russia (422.5 tons)
- Latvia (380.2 tons)
- Lithuania (226.2 tons)
- Finland (73.8 tons)
- United Kingdom (57.1 tons)
- Poland (29.2 tons)
- Ukraine (14.1 tons)
- Sweden (10.2 tons)
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