Belarus: Glass Fibre Filament Market 2025

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

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