Report Update Nov 1, 2024

Belarus - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Glass Fibre Filament Market 2024

Glass Fibre Filament Market Size in Belarus

In 2021, the Belarusian glass fibre filament market decreased by -26.7% to $X, falling for the fifth year in a row after two years of growth. In general, consumption continues to indicate a deep contraction. Glass fibre filament consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Glass Fibre Filament Production in Belarus

In value terms, glass fibre filament production rose significantly to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 22%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Glass Fibre Filament Exports

Exports from Belarus

In 2021, shipments abroad of glass fibre filaments was finally on the rise to reach X tons after two years of decline. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 219%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, glass fibre filament exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 165%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons), Romania (X tons) and Ukraine (X tons) were the main destinations of glass fibre filament exports from Belarus, together accounting for 58% of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +161.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fibre filament exported from Belarus were Russia ($X), Romania ($X) and Ukraine ($X), with a combined 58% share of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +153.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fibre filament export price stood at $X per ton in 2021, picking up by 34% against the previous year. Over the period under review, the export price, however, recorded a noticeable shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Russia ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Ukraine ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Fibre Filament Imports

Imports into Belarus

In 2021, supplies from abroad of glass fibre filaments decreased by -61.3% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2014 with an increase of 251%. Imports peaked at X tons in 2020, and then shrank sharply in the following year.

In value terms, glass fibre filament imports fell notably to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 228% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of glass fibre filament to Belarus, with a 86% share of total imports. Moreover, glass fibre filament imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled +9.6%.

In value terms, Russia ($X) constituted the largest supplier of glass fibre filaments to Belarus, comprising 77% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +10.2%.

Import Prices by Country

In 2021, the average glass fibre filament import price amounted to $X per ton, surging by 68% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre filaments in the world?

The countries with the highest volumes of glass fibre filament consumption in 2021 were China, the United States and India, with a combined 39% share of global consumption. These countries were followed by Russia, Brazil, Bangladesh, Japan, Mexico, Turkey, France, Thailand, Spain and Australia, which together accounted for a further 32%.

What are the largest producers of glass fibre filaments in the world?

The country with the largest volume of glass fibre filament production was China, comprising approx. 33% of total volume. Moreover, glass fibre filament production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by the United States, with a 7.6% share.

What are the leading suppliers of glass fibre filaments to Belarus?

In value terms, Russia constituted the largest supplier of glass fibre filament to Belarus, comprising 77% of total imports. The second position in the ranking was occupied by China, with a 23% share of total imports.

What are the leading importers of glass fibre filaments from Belarus?

In value terms, the largest markets for glass fibre filament exported from Belarus were Russia, Romania and Ukraine, with a combined 58% share of total exports.

What is the average export price for glass fibre filaments in Belarus?

In 2021, the average glass fibre filament export price amounted to $853 per ton, approximately equating the previous year.

What is the average import price for glass fibre filaments in Belarus?

The average glass fibre filament import price stood at $1,139 per ton in 2021, surging by 25% against the previous year.

This report provides an in-depth analysis of the glass fibre filament market in Belarus. 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 23141130 - Glass fibre filaments (including rovings)

Country coverage:

Belarus

Data coverage:

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