Southern Asia: Glass Wool Voile Market 2020

Glass Wool Voile Market Size in Southern Asia

The revenue of the glass wool voile market in Southern Asia amounted to $X in 2017, coming up by X% against the previous year. The glass wool voile consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2009, when market value increased by X% y-o-y. Over the period under review, the glass wool voile market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Glass Wool Voile Production in Southern Asia

In 2017, approx. X tons of glass fibre voiles made of glass wool were produced in Southern Asia; growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the glass wool voile production attained their peak volume, and is likely to continue its growth in the immediate term.

Glass Wool Voile Exports in Southern Asia

The exports totaled X tons in 2017, jumping by X% against the previous year. The glass wool voile exports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. Over the period under review, the glass wool voile exports reached its peak figure volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

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

Glass Wool Voile Exports by Country in Southern Asia

India was the main exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Sri Lanka (X tons), mixed up X% share of total exports.

Exports from India decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Sri Lanka (+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.

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

From 2007 to 2017, the average annual growth rate of value in India totaled -X%.

Glass Wool Voile Export Prices by Country in Southern Asia

In 2017, the glass wool voile export price in Southern Asia amounted to $X per ton, rising by X% against the previous year. The glass wool voile export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013, when the export prices increased by X% against the previous year. The level of export price peaked in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Sri Lanka ($X per ton), while India ($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).

Glass Wool Voile Imports in Southern Asia

In 2017, the amount of glass fibre voiles made of glass wool imported in Southern Asia stood at X tons, growing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the glass wool voile imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, glass wool voile imports stood at $X in 2017. The total imports indicated a remarkable expansion 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 imports increased by +X% against 2013 indices. In that year, the glass wool voile imports attained their peak level, and are likely to continue its growth in the immediate term.

Glass Wool Voile Imports by Country in Southern Asia

In 2017, India (X tons) was the major importer for glass fibre voiles made of glass wool, constituting X% of total imports. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together comprising X% share of total imports. Sri Lanka (X tons) occupied the mild share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Pakistan (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, Sri Lanka (-X%) illustrated a downward trend over the same period. While the share of Sri Lanka (X%) increased significantly in terms of the global imports from 2007-2017, the share of Pakistan (-X%) and India (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Sri Lanka (-X% per year).

Glass Wool Voile Import Prices by Country in Southern Asia

In 2017, the glass wool voile import price in Southern Asia amounted to $X per ton, waning by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the import prices for glass fibre voiles made of glass wool reached its peak figure level of $X per ton in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per ton), while Bangladesh ($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