CIS: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in CIS

The CIS non-woven glass fibre articles market soared to $X in 2021, jumping by 24% against the previous year. Overall, consumption, however, recorded a slight contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in CIS

In value terms, non-woven glass fibre articles production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild slump. The growth pace was the most rapid in 2017 with an increase of 61%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports in CIS

In 2021, after three years of decline, there was growth in shipments abroad of non-woven glass fibre webs, felts, mattresses and boards, when their volume increased by 2.1% to X tons. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 48%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-woven glass fibre articles exports surged to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 47% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia dominates exports structure, recording X tons, which was near 93% of total exports in 2021. The following exporters - Belarus (X tons) and Uzbekistan (X tons) - together made up 6.8% of total exports.

Exports from Russia increased at an average annual rate of +5.0% from 2012 to 2021. At the same time, Belarus (+15.5%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +15.5% from 2012-2021. By contrast, Uzbekistan (-7.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belarus and Uzbekistan increased by +2.5 and +2.4 percentage points, respectively.

In value terms, Russia ($X) remains the largest non-woven glass fibre articles supplier in the CIS, comprising 92% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 4.8% share of total exports.

In Russia, non-woven glass fibre articles exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+21.1% per year) and Belarus (+9.1% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, with an increase of 21% against the previous year. Overall, the export price, however, saw a noticeable decrease. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+31.5%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports in CIS

In 2021, overseas purchases of non-woven glass fibre webs, felts, mattresses and boards were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 39%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, non-woven glass fibre articles imports skyrocketed to $X in 2021. Overall, imports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2017 with an increase of 39%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Kazakhstan (X tons), distantly followed by Russia (X tons), Belarus (X tons), Kyrgyzstan (X tons), Azerbaijan (X tons) and Uzbekistan (X tons) represented the largest importers of non-woven glass fibre webs, felts, mattresses and boards, together creating 91% of total imports. Moldova (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +10.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Kazakhstan ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 77% share of total imports. These countries were followed by Uzbekistan, Kyrgyzstan, Azerbaijan and Moldova, which together accounted for a further 20%.

Uzbekistan, with a CAGR of +21.0%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, growing by 26% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+18.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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