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Report CIS - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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CIS: Market for Glass Fibre Chopped Strands 2024

Market Size for Glass Fibre Chopped Strands in CIS

In 2021, the CIS glass fibre chopped strand market increased by 4.4% to $X, rising for the sixth year in a row after three years of decline. In general, consumption, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the market value increased by 5.6% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Glass Fibre Chopped Strands in CIS

In value terms, glass fibre chopped strand production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by 16% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Glass Fibre Chopped Strands

Exports in CIS

After two years of decline, shipments abroad of glass fibre chopped strands increased by 26% to X tons in 2021. Over the period under review, exports showed a noticeable increase. The growth pace was the most rapid in 2017 with an increase of 100% against the previous year. Over the period under review, the exports hit record highs 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. Overall, exports showed slight growth. The most prominent rate of growth was recorded in 2017 with an increase of 84%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus represented the major exporter of glass fibre chopped strands in the CIS, with the volume of exports accounting for X tons, which was approx. 70% of total exports in 2021. It was distantly followed by Russia (X tons), achieving a 30% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to glass fibre chopped strand exports from Belarus stood at +3.1%. At the same time, Russia (+8.6%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +8.6% from 2012-2021. From 2012 to 2021, the share of Russia increased by +8.8 percentage points.

In value terms, the largest glass fibre chopped strand supplying countries in the CIS were Belarus ($X) and Russia ($X).

In terms of the main exporting countries, Belarus, with a CAGR of +1.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, with an increase of 38% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-1.3%).

Imports of Glass Fibre Chopped Strands

Imports in CIS

In 2021, purchases abroad of glass fibre chopped strands increased by 64% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw a temperate increase. The growth pace was the most rapid in 2018 with an increase of 76%. The volume of import peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, glass fibre chopped strand imports soared to $X in 2021. In general, imports enjoyed a notable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia dominates imports structure, reaching X tons, which was approx. 96% of total imports in 2021. Belarus (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +3.3% from 2012 to 2021. At the same time, Belarus (+3.8%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +3.8% from 2012-2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported glass fibre chopped strands in the CIS, comprising 94% of total imports. The second position in the ranking was held by Belarus ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +2.4%.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, with an increase of 9.6% against the previous year. Over the period under review, the import price, however, showed a mild downturn. The growth pace was the most rapid in 2014 an increase of 11%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of glass fibre chopped strand consumption was Russia, accounting for 88% of total volume. Moreover, glass fibre chopped strand consumption in Russia exceeded the figures recorded by the second-largest consumer, Belarus, more than tenfold. The third position in this ranking was occupied by Kyrgyzstan, with a 2.7% share.
Russia remains the largest glass fibre chopped strand producing country in the CIS, accounting for 86% of total volume. Moreover, glass fibre chopped strand production in Russia exceeded the figures recorded by the second-largest producer, Belarus, more than tenfold. Kyrgyzstan ranked third in terms of total production with a 2.8% share.
In value terms, Belarus and Russia were the countries with the highest levels of exports in 2021.
In value terms, Russia constitutes the largest market for imported glass fibre chopped strands in the CIS, comprising 95% of total imports. The second position in the ranking was occupied by Belarus, with a 2.4% share of total imports.
In 2021, the glass fibre chopped strand export price in the CIS amounted to $1,018 per ton, surging by 13% against the previous year.
In 2021, the glass fibre chopped strand import price in the CIS amounted to $1,247 per ton, rising by 10% against the previous year.

This report provides an in-depth analysis of the market for glass fibre chopped strand in CIS. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in CIS, split by region and country
  • Trade (exports and imports) in CIS
  • 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
    • Armenia
    • Azerbaijan
    • Belarus
    • Kazakhstan
    • Kyrgyzstan
    • Moldova
    • Russia
    • Tajikistan
    • Uzbekistan

  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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