Report Update Nov 1, 2024

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

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Chile: Market for Glass Fibres And Glass Wool 2024

Market Size for Glass Fibres And Glass Wool in Chile

In 2022, the Chilean glass fibres and wool market decreased by -1% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level of $X, leveling off in the following year.

Exports of Glass Fibres And Glass Wool

Exports from Chile

In 2022, the amount of glass fibres and glass wool exported from Chile soared to X tons, rising by 239% against the previous year. Over the period under review, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by 557%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, glass fibres and wool exports skyrocketed to $X in 2022. Overall, exports recorded measured growth. The growth pace was the most rapid in 2018 with an increase of 1,000%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cuba (X tons) was the main destination for glass fibres and wool exports from Chile, accounting for a 57% share of total exports. Moreover, glass fibres and wool exports to Cuba exceeded the volume sent to the second major destination, Peru (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Cuba stood at +41.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-21.4% per year) and Brazil (+62.3% per year).

In value terms, Cuba ($X) emerged as the key foreign market for glass fibres and glass wool exports from Chile, comprising 61% of total exports. The second position in the ranking was held by Peru ($X), with a 21% share of total exports. It was followed by Bolivia, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to Cuba stood at +66.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-10.3% per year) and Bolivia (+3.4% per year).

Export Prices by Country

The average glass fibres and wool export price stood at $X per ton in 2022, growing by 14% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres And Glass Wool

Imports into Chile

For the third year in a row, Chile recorded growth in overseas purchases of glass fibres and glass wool, which increased by 21% to X tons in 2022. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 175%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, glass fibres and wool imports shrank to $X in 2022. Overall, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 135% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

China (X tons), the United States (X tons) and Peru (X tons) were the main suppliers of glass fibres and wool imports to Chile, together comprising 72% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of +104.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibres and wool suppliers to Chile were China ($X), the United States ($X) and Peru ($X), with a combined 66% share of total imports.

Peru, with a CAGR of +65.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fibres and wool import price stood at $X per ton in 2022, shrinking by -26.2% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2019 an increase of 32% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibres and glass wool in the world?

The countries with the highest volumes of in 2021 were China, the UK and India, together accounting for 38% of global consumption. These countries were followed by the United States, Japan, Belgium, Russia, France, Mexico, Germany, Turkey, South Korea and Finland, which together accounted for a further 33%.

What are the largest producers of glass fibres and glass wool in the world?

China constituted the country with the largest volume of glass fibres and wool production, comprising approx. 25% of total volume. Moreover, glass fibres and wool production in China exceeded the figures recorded by the second-largest producer, the UK, twofold. India ranked third in terms of total production with a 7.3% share.

What are the leading suppliers of glass fibres and glass wool to Chile?

In value terms, China, Peru and Mexico appeared to be the largest glass fibres and wool suppliers to Chile, together comprising 78% of total imports. The United States, Argentina, Spain and Colombia lagged somewhat behind, together accounting for a further 15%.

What are the leading importers of glass fibres and glass wool from Chile?

In value terms, the largest markets for glass fibres and wool exported from Chile were Bolivia, Paraguay and Denmark, together accounting for 88% of total exports.

What is the average export price for glass fibres and glass wool in Chile?

In 2021, the average glass fibres and wool export price amounted to $13,506 per ton, rising by 5.9% against the previous year.

What is the average import price for glass fibres and glass wool in Chile?

In 2021, the average glass fibres and wool import price amounted to $7,169 per ton, dropping by -6.2% against the previous year.

This report provides an in-depth analysis of the market for glass fibres and wool in Chile. 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:

Chile

Data coverage:

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