Report Update Feb 1, 2025

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

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Belarus: Market for Glass Fibre Chopped Strands 2025

Market Size for Glass Fibre Chopped Strands in Belarus

The Belarusian glass fibre chopped strand market expanded markedly to $X in 2021, picking up by 6.9% against the previous year. Over the period under review, consumption, however, saw a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Glass Fibre Chopped Strands in Belarus

In value terms, glass fibre chopped strand production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 22% against the previous year. Glass fibre chopped strand production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Glass Fibre Chopped Strands

Exports from Belarus

In 2021, overseas shipments of glass fibre chopped strands were finally on the rise to reach X tons after two years of decline. Overall, exports recorded a tangible increase. The most prominent rate of growth was recorded in 2017 when exports increased by 139% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, glass fibre chopped strand exports skyrocketed to $X in 2021. Over the period under review, exports saw a mild increase. The most prominent rate of growth was recorded in 2017 when exports increased by 114%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) and Ukraine (X tons) were the main destinations of glass fibre chopped strand exports from Belarus.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +12.7%).

In value terms, the largest markets for glass fibre chopped strand exported from Belarus were Russia ($X) and Ukraine ($X).

In terms of the main countries of destination, Russia, with a CAGR of +9.9%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average glass fibre chopped strand export price stood at $X per ton in 2021, growing by 40% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Ukraine totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-1.5%).

Imports of Glass Fibre Chopped Strands

Imports into Belarus

In 2021, supplies from abroad of glass fibre chopped strands decreased by -34.2% to X tons, falling for the third consecutive year after three years of growth. Overall, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 489%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, glass fibre chopped strand imports contracted to $X in 2021. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of 605%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Taiwan (Chinese) (X tons) constituted the largest supplier of glass fibre chopped strand to Belarus, accounting for a 87% share of total imports. Moreover, glass fibre chopped strand imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold. The third position in this ranking was taken by Germany (X tons), with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) totaled +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-15.6% per year) and Germany (-1.4% per year).

In value terms, Taiwan (Chinese) ($X), Russia ($X) and Germany ($X) constituted the largest glass fibre chopped strand suppliers to Belarus, with a combined 92% share of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +16.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average glass fibre chopped strand import price stood at $X per ton in 2021, increasing by 41% against the previous year. Overall, the import price, however, recorded a deep setback. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 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 Russia ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of glass fibre chopped strand consumption was China, comprising approx. 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 constituted the country with the largest volume of glass fibre chopped strand production, comprising approx. 25% of total volume. Moreover, glass fibre chopped strand production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. The United States ranked third in terms of total production with a 9.3% share.

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

In value terms, the largest glass fibre chopped strand suppliers to Belarus were Taiwan Chinese), Russia and China, with a combined 98% share of total imports.

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

In value terms, Russia and Ukraine constituted the largest markets for glass fibre chopped strand exported from Belarus worldwide.

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

In 2021, the average glass fibre chopped strand export price amounted to $742 per ton, falling by -1.6% against the previous year.

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

In 2021, the average glass fibre chopped strand import price amounted to $1,245 per ton, with a decrease of -16.5% against the previous year.

This report provides an in-depth analysis of the market for glass fibre chopped strand 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024