Argentina: Glass Fibre Mat Market 2025

Glass Fibre Mat Market Size in Argentina

In 2022, the Argentinian glass fibre mat market increased by 11% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, saw a strong increase. Glass fibre mat consumption peaked in 2022 and is expected to retain growth in years to come.

Glass Fibre Mat Exports

Exports from Argentina

In 2022, glass fibre mat exports from Argentina soared to X tons, with an increase of 1,241% on the previous year's figure. Overall, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 2,065% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, glass fibre mat exports surged to $X in 2022. Over the period under review, exports posted a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 2,857% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Uruguay (X tons) was the main destination for glass fibre mat exports from Argentina, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay amounted to +22.1%.

In value terms, Uruguay ($X) emerged as the key foreign market for glass fibre mats exports from Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay stood at +19.4%.

Export Prices by Country

The average glass fibre mat export price stood at $X per ton in 2022, leveling off at the previous year. In general, the export price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of 37% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +4.7% per year.

Glass Fibre Mat Imports

Imports into Argentina

In 2022, after three years of growth, there was significant decline in purchases abroad of glass fibre mats, when their volume decreased by -8.4% to X tons. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.7% against 2018 indices. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, glass fibre mat imports skyrocketed to $X in 2022. In general, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 85%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of glass fibre mat to Argentina, with a 78% share of total imports. Moreover, glass fibre mat imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +13.3%.

In value terms, China ($X) constituted the largest supplier of glass fibre mats to Argentina, comprising 74% of total imports. The second position in the ranking was held by Brazil ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +15.8%.

Import Prices by Country

The average glass fibre mat import price stood at $X per ton in 2022, growing by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2021 an increase of 39%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+38.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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