CIS: Glass Wool Voile Market 2020

Glass Wool Voile Market Size in CIS

The revenue of the glass wool voile market in CIS amounted to $X in 2017, reducing by -X% against the previous year. The glass wool voile consumption continues to indicate a conspicuous increase. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the glass wool voile market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Glass Wool Voile Production in CIS

In 2017, production of glass fibre voiles made of glass wool in CIS totaled X tons, therefore, remained relatively stable against the previous year. The glass wool voile production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% against the previous year. Over the period under review, the glass wool voile production attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Glass Wool Voile Exports in CIS

The exports totaled X tons in 2017, surging by X% against the previous year. The glass wool voile exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. In that year, the glass wool voile exports reached their peak volume of X tons. From 2011 to 2017, growth of the glass wool voile exports failed to regain its momentum.

In value terms, glass wool voile exports totaled $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass wool voile exports increased by +X% against 2015 indices. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Glass Wool Voile Exports by Country in CIS

Russia was the largest exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Belarus (X tons), creating X% share of total exports.

Russia was also the fastest growing in terms of the glass fibre voiles made of glass wool exports, with a CAGR of +X% from 2007 to 2017. Belarus (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Belarus increased by X% percentage points, while Russia (-X%) saw their share reduced.

In value terms, Russia ($X) remains the largest glass wool voile supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Russia stood at +X%.

Glass Wool Voile Export Prices by Country in CIS

In 2017, the glass wool voile export price in CIS amounted to $X per ton, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009, when it surged by X% year-to-year. Over the period under review, the export prices for glass fibre voiles made of glass wool attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year).

Glass Wool Voile Imports in CIS

The imports totaled X tons in 2017, coming up by X% against the previous year. The glass wool voile imports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. The volume of imports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, glass wool voile imports stood at $X in 2017. The glass wool voile imports continue to indicate a deep downturn. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Glass Wool Voile Imports by Country in CIS

Russia represented the largest importer of glass fibre voiles made of glass wool in CIS, with the volume of imports resulting at X tons, which was near X% of total imports in 2017. It was distantly followed by Kazakhstan (X tons) and Belarus (X tons), together generating X% share of total imports. Moldova (X tons) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Moldova (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Kazakhstan (-X%) and Belarus (-X%) illustrated a downward trend over the same period. While the share of Russia (X%), Kazakhstan (X%) and Belarus (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported glass fibre voiles made of glass wool in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, glass wool voile imports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Belarus (-X% per year).

Glass Wool Voile Import Prices by Country in CIS

In 2017, the glass wool voile import price in CIS amounted to $X per ton, dropping by -X% against the previous year. The glass wool voile import price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2016, when the import prices increased by X% against the previous year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belarus ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belarus (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform