Moldova: Glass Fiber Market 2020

Glass Fiber Market Size in Moldova

The revenue of the glass fiber market in Moldova amounted to $X in 2018, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, glass fiber consumption continues to indicate a pronounced contraction. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. In that year, the glass fiber market attained its peak level of $X. From 2013 to 2018, the growth of the glass fiber market remained at a lower figure.

Glass Fiber Exports

Exports from Moldova

In 2018, the amount of voiles, webs, mats and other articles of glass fibers exported from Moldova amounted to X tons, jumping by X% against the previous year. In general, glass fiber exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, glass fiber exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, glass fiber exports stood at $X in 2018. Overall, glass fiber exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, glass fiber exports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (X tons), distantly followed by Belgium (X tons), the U.S. (X tons), Germany (X tons), the UK (X tons) and Russia (X tons) represented the largest exporters of voiles, webs, mats and other articles of glass fibers, together comprising X% of total exports. The following exporters - the Czech Republic (X tons), France (X tons), Canada (X tons), Poland (X tons), Spain (X tons) and the Netherlands (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Russia (+X%), the UK (+X%), France (+X%), Poland (+X%), the Czech Republic (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. Germany, the Netherlands and Belgium experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and Canada (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Russia (+X p.p.) and the UK (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest glass fiber markets from Moldova were China ($X), the U.S. ($X) and Germany ($X), with a combined X% share of total exports. These countries were followed by the UK, France, Belgium, the Netherlands, Canada, Spain, the Czech Republic, Russia, Poland and Moldova, which together accounted for a further X terms of the main exporting countries, Moldova recorded the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The glass fiber export price in Moldova stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the glass fiber export price continues to indicate a temperate setback. The pace of growth appeared the most rapid in 2016 when the export price increased by X% year-to-year. Over the period under review, the export prices for voiles, webs, mats and other articles of glass fibers reached their maximum at $X per ton in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Glass Fiber Imports

Imports into Moldova

In 2018, the amount of voiles, webs, mats and other articles of glass fibers imported into Moldova totaled X tons, reducing by -X% against the previous year. Over the period under review, glass fiber imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Moldova imports peaked at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, glass fiber imports amounted to $X in 2018. Overall, glass fiber imports continue to indicate a temperate contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. In that year, glass fiber imports reached their peak of $X. From 2013 to 2018, the growth of glass fiber imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), France (X tons) and Germany (X tons) represented the largest importers of voiles, webs, mats and other articles of glass fibers imported in the world, comprising X% of total import. The following importers - Mexico (X tons), Canada (X tons), Japan (X tons), Poland (X tons), Spain (X tons), the UK (X tons), the Czech Republic (X tons), Denmark (X tons) and the United Arab Emirates (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Japan, while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Mexico, Canada, Denmark, Japan, the UK, Poland, Spain, the Czech Republic, the United Arab Emirates and Moldova, which together accounted for a further X experienced the highest rates of growth with regard to market size, among the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the glass fiber import price in Moldova amounted to $X per ton, growing by X% against the previous year. Overall, the glass fiber import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. Moldova import price peaked at $X per ton in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform