Report Update Nov 1, 2024

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

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New Zealand: Market for Glass Fibre Chopped Strands 2024

Market Size for Glass Fibre Chopped Strands in New Zealand

In 2021, the New Zealand glass fibre chopped strand market increased by 48% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption recorded a resilient increase. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the near future.

Exports of Glass Fibre Chopped Strands

Exports from New Zealand

Glass fibre chopped strand exports from New Zealand amounted to X tons in 2021, therefore, remained relatively stable against the previous year's figure. Overall, exports showed a abrupt curtailment. The smallest decline of -95.3% was in 2015. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, glass fibre chopped strand exports totaled $X in 2021. Over the period under review, exports showed a abrupt downturn. The smallest decline of -91.9% was in 2015. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for glass fibre chopped strand exports from New Zealand, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Australia amounted to -17.5%.

From 2013 to 2021, the average annual rate of growth in terms of value to Australia totaled -18.7%.

Export Prices by Country

The average glass fibre chopped strand export price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2014 an increase of 248%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2013 to 2021, the rate of growth in terms of prices for Australia amounted to -1.4% per year.

Imports of Glass Fibre Chopped Strands

Imports into New Zealand

In 2021, supplies from abroad of glass fibre chopped strands increased by 29% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports showed resilient growth. The pace of growth was the most pronounced in 2019 when imports increased by 243%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, glass fibre chopped strand imports surged to $X in 2021. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 217%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The United States (X tons), the UK (X tons) and China (X tons) were the main suppliers of glass fibre chopped strand imports to New Zealand, together comprising 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +50.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibre chopped strand suppliers to New Zealand were the United States ($X), the UK ($X) and China ($X), with a combined 99% share of total imports.

The UK, with a CAGR of +52.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average glass fibre chopped strand import price amounted to $X per ton, surging by 18% against the previous year. Overall, the import price continues to indicate slight growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest glass fibre chopped strand consuming country worldwide, accounting for 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?

The country with the largest volume of glass fibre chopped strand production was China, 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 third position in this ranking was occupied by the United States, with a 9.3% share.

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

In value terms, the largest glass fibre chopped strand suppliers to New Zealand were the United States, the UK and China, with a combined 94% share of total imports.

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

In value terms, Fiji remains the key foreign market for glass fibre chopped strand exports from New Zealand, comprising 64% of total exports. The second position in the ranking was occupied by New Caledonia, with a 17% share of total exports. It was followed by Malaysia, with a 7.5% share.

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

In 2021, the average glass fibre chopped strand export price amounted to $2,059 per ton, waning by -21.1% against the previous year.

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

The average glass fibre chopped strand import price stood at $1,091 per ton in 2021, almost unchanged from the previous year.

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

New Zealand

Data coverage:

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