U.S. - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre and Article Prices in the United States
U.S. Glass Fibre and Article Import Price per Ton in August 2022
In August 2022, the glass fibre and article price per ton stood at $2.2K (CIF, US), surging by 16% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($4.6K per ton), while the price for Malaysia ($1.2K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Glass Fibre and Article Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In August 2022, the product with the highest price was voiles, webs, mats and other articles of glass fibers ($4.0K per ton), while the price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles amounted to $1.6K per ton.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by glass fiber (+1.3%), while the prices for the other product experienced more modest paces of growth.
U.S. Glass Fibre and Article Imports
In August 2022, purchases abroad of glass fibres and glass fibre articles decreased by -19.3% to 44K tons, falling for the third consecutive month after three months of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 20% against the previous month.
In value terms, glass fibre and article imports contracted to $95M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +1.0% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2022 with an increase of 26% against the previous month.
U.S. Glass Fibre and Article Imports by Type
In August 2022, glass fibre filaments, rovings, chopped strands, and staple glass fibre articles (34K tons) constituted the largest type of glass fibre and article supplied to the United States, accounting for a 78% share of total imports. Moreover, glass fibre filaments, rovings, chopped strands, and staple glass fibre articles exceeded the figures recorded for the second-largest type, voiles, webs, mats and other articles of glass fibers (9.7K tons), fourfold.
From January 2022 to August 2022, the average monthly growth rate of the volume of import of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at -1.0%.
In value terms, glass fibre filaments, rovings, chopped strands, and staple glass fibre articles ($56M) and voiles, webs, mats and other articles of glass fibers ($39M) appeared to be the most imported types of glass fibres and glass fibre articles in the United States.
U.S. Glass Fibre and Article Imports by Country
China (17K tons), Mexico (10K tons) and Malaysia (5.6K tons) were the main suppliers of glass fibre and article imports to the United States, with a combined 74% share of total imports. These countries were followed by Canada, the United Arab Emirates, Bahrain, India, Brazil, Japan, Belgium and Taiwan (Chinese), which together accounted for a further 20%.
From January 2022 to August 2022, the biggest increases were in the United Arab Emirates (with a CAGR of +49.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($30M), Mexico ($26M) and Canada ($6.7M) constituted the largest glass fibre and article suppliers to the United States, with a combined 66% share of total imports. Malaysia, India, the United Arab Emirates, Japan, Brazil, Bahrain, Belgium and Taiwan (Chinese) lagged somewhat behind, together comprising a further 22%.
Among the main suppliers, Bahrain, with a CAGR of +8.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for glass fibre and article in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
- Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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