Report Update Nov 1, 2024

Argentina - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Market for Glass Fibre Chopped Strands 2024

Market Size for Glass Fibre Chopped Strands in Argentina

In 2021, the Argentinian glass fibre chopped strand market increased by 53% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a pronounced descent. Glass fibre chopped strand consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Glass Fibre Chopped Strands

Exports from Argentina

In 2021, overseas shipments of glass fibre chopped strands decreased by -65.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2016 with an increase of 10,171% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, glass fibre chopped strand exports surged to $X in 2021. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 10,360% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for glass fibre chopped strand exports from Argentina, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Brazil amounted to +23.1%.

In value terms, Brazil ($X) also remains the key foreign market for glass fibre chopped strands exports from Argentina.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil was relatively modest.

Export Prices by Country

The average glass fibre chopped strand export price stood at $X per ton in 2021, picking up by 368% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to -19.5% per year.

Imports of Glass Fibre Chopped Strands

Imports into Argentina

In 2021, approx. X tons of glass fibre chopped strands were imported into Argentina; growing by 38% against the year before. Overall, imports, however, continue to indicate a perceptible shrinkage. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, glass fibre chopped strand imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a perceptible curtailment. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) constituted the largest glass fibre chopped strand supplier to Argentina, accounting for a 39% share of total imports. Moreover, glass fibre chopped strand imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Malaysia (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.9% per year) and Malaysia (-15.7% per year).

In value terms, Brazil ($X) constituted the largest supplier of glass fibre chopped strands to Argentina, comprising 37% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by Malaysia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.9% per year) and Malaysia (-14.8% per year).

Import Prices by Country

The average glass fibre chopped strand import price stood at $X per ton in 2021, surging by 14% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Malaysia ($X per ton) and Brazil ($X per ton), while the price for China ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre chopped strands in the world?

China constituted the country with the largest volume of glass fibre chopped strand consumption, accounting for 25% of total volume. Moreover, glass fibre chopped strand consumption in China exceeded the figures recorded by the second-largest consumer, Japan, twofold. The third position in this ranking was occupied by the United States, with a 9.8% share.

What are the largest producers of glass fibre chopped strands in the world?

China remains the largest glass fibre chopped strand producing country worldwide, accounting for 25% of total volume. Moreover, glass fibre chopped strand production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. The third position in this ranking was occupied by the United States, with a 9.3% share.

What are the leading suppliers of glass fibre chopped strands to Argentina?

In value terms, Malaysia constituted the largest supplier of glass fibre chopped strand to Argentina, comprising 62% of total imports. The second position in the ranking was occupied by the United States, with a 10% share of total imports. It was followed by China, with a 9.4% share.

What are the leading importers of glass fibre chopped strands from Argentina?

In value terms, Chile remains the key foreign market for glass fibre chopped strand exports from Argentina.

What is the average export price for glass fibre chopped strands in Argentina?

In 2021, the average glass fibre chopped strand export price amounted to $3,822 per ton, remaining stable against the previous year.

What is the average import price for glass fibre chopped strands in Argentina?

In 2021, the average glass fibre chopped strand import price amounted to $1,182 per ton, with an increase of 4.6% against the previous year.

This report provides an in-depth analysis of the market for glass fibre chopped strand in Argentina. 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)

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023