Southern Asia: Glass Wool Mat Market 2020

Glass Wool Mat Market Size in Southern Asia

The revenue of the glass wool mat market in Southern Asia amounted to $X in 2017, growing by X% against the previous year. The glass wool mat consumption continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013, when market value increased by X% y-o-y. Over the period under review, the glass wool mat market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Glass Wool Mat Production in Southern Asia

In 2017, the amount of glass fibre mats made of glass wool produced in Southern Asia totaled X tons, waning by -X% against the previous year. The glass wool mat production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. Over the period under review, the glass wool mat production attained its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Glass Wool Mat Exports in Southern Asia

In 2017, approx. X tons of glass fibre mats made of glass wool were exported in Southern Asia; rising by X% against the previous year. The glass wool mat exports continue to indicate a drastic setback. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, glass wool mat exports totaled $X in 2017. The glass wool mat exports continue to indicate a drastic descent. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Glass Wool Mat Exports by Country in Southern Asia

India was the major exporter of glass fibre mats made of glass wool in Southern Asia, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by Sri Lanka (X tons), mixed up X% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to glass wool mat exports from India stood at -X%. At the same time, Sri Lanka (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. While the share of India (X%) increased significantly in terms of the global exports from 2007-2017, the share of Sri Lanka (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest glass wool mat supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports. It was followed by Bangladesh, with a X% share.

In India, glass wool mat exports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Sri Lanka (+X% per year) and Bangladesh (+X% per year).

Glass Wool Mat Export Prices by Country in Southern Asia

The glass wool mat export price in Southern Asia stood at $X per ton in 2017, coming up by X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price 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 mat export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013, when the export prices increased by X% against the previous year. In that year, the export prices for glass fibre mats made of glass wool reached their peak level of $X per ton. From 2014 to 2017, growth of the export prices for glass fibre mats made of glass wool failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Sri Lanka ($X per ton), while Bangladesh ($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 India (+X% per year), while the other leaders experienced more modest paces of growth.

Glass Wool Mat Imports in Southern Asia

In 2017, the amount of glass fibre mats made of glass wool imported in Southern Asia totaled X tons, going up by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume 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 mat imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, the glass wool mat imports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, glass wool mat imports totaled $X in 2017. The total imports indicated a prominent 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 mat imports increased by +X% against 2013 indices. In that year, the glass wool mat imports reached their peak level, and are likely to continue its growth in the immediate term.

Glass Wool Mat Imports by Country in Southern Asia

India dominates glass wool mat imports structure, recording X tons, which was near X% of total imports in 2017. Pakistan (X tons) held the second position in the ranking, followed by Sri Lanka (X tons). All these countries together occupied near X% share of total imports. Bangladesh (X tons) and Maldives (X tons) followed a long way behind the leaders.

India was also the fastest growing in terms of the glass fibre mats made of glass wool imports, with a CAGR of +X% from 2007 to 2017. Pakistan and Bangladesh experienced a relatively flat trend pattern. Sri Lanka (-X%) and Maldives (-X%) illustrated a downward trend over the same period. While the share of Maldives (X%) increased significantly in terms of the global imports from 2007-2017, the share of India (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported glass fibre mats made of glass wool in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

In India, glass wool mat imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Sri Lanka (-X% per year).

Glass Wool Mat Import Prices by Country in Southern Asia

In 2017, the glass wool mat import price in Southern Asia amounted to $X per ton, standing approx. at the previous year. The glass wool mat import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2009; however, from 2010 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 Pakistan ($X per ton), while Bangladesh ($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 Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform