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Report Australia and Oceania - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Australia and Oceania - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Market for Glass Fibres And Glass Wool 2024

Market Size for Glass Fibres And Glass Wool in Australia and Oceania

In 2022, the glass fibres and wool market in Australia and Oceania was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Glass Fibres And Glass Wool in Australia and Oceania

In value terms, glass fibres and wool production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2015 with an increase of 112% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Glass Fibres And Glass Wool

Exports in Australia and Oceania

In 2022, overseas shipments of glass fibres and glass wool increased by 62% to X tons, rising for the fifth consecutive year after two years of decline. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, glass fibres and wool exports surged to $X in 2022. Overall, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

In 2022, Australia (X tons) represented the main exporter of glass fibres and glass wool, making up 75% of total exports. It was distantly followed by New Zealand (X tons), generating a 25% share of total exports.

Australia was also the fastest-growing in terms of the glass fibres and glass wool exports, with a CAGR of +35.4% from 2012 to 2022. At the same time, New Zealand (+11.5%) displayed positive paces of growth. From 2012 to 2022, the share of Australia increased by +45 percentage points.

In value terms, New Zealand ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, New Zealand, with a CAGR of +17.9%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the export price increased by 21%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.8%).

Imports of Glass Fibres And Glass Wool

Imports in Australia and Oceania

In 2022, imports of glass fibres and glass wool in Australia and Oceania skyrocketed to X tons, with an increase of 52% against 2021. Overall, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass fibres and wool imports surged to $X in 2022. In general, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia prevails in imports structure, recording X tons, which was near 92% of total imports in 2022. It was distantly followed by New Zealand (X tons), committing a 5.4% share of total imports.

Australia was also the fastest-growing in terms of the glass fibres and glass wool imports, with a CAGR of +10.4% from 2012 to 2022. At the same time, New Zealand (+1.1%) displayed positive paces of growth. While the share of Australia (+9.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (-6.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported glass fibres and glass wool in Australia and Oceania, comprising 81% of total imports. The second position in the ranking was held by New Zealand ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +8.4%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, waning by -4.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 17% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of glass fibres and wool consumption was Australia, comprising approx. 73% of total volume. Moreover, glass fibres and wool consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, threefold.
Micronesia remains the largest glass fibres and wool producing country in Australia and Oceania, comprising approx. 100% of total volume.
In value terms, New Zealand remains the largest glass fibres and wool supplier in Australia and Oceania, comprising 71% of total exports. The second position in the ranking was occupied by Australia, with a 28% share of total exports.
In value terms, Australia constitutes the largest market for imported glass fibres and glass wool in Australia and Oceania, comprising 76% of total imports. The second position in the ranking was occupied by New Zealand, with a 20% share of total imports.
In 2021, the export price in Australia and Oceania amounted to $10,882 per ton, with a decrease of -14.7% against the previous year.
The import price in Australia and Oceania stood at $3,172 per ton in 2021, jumping by 23% against the previous year.

This report provides an in-depth analysis of the market for glass fibres and wool in Australia and Oceania. 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 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

Country coverage:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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