Southern Asia: Staple Glass Fibre Articles Market 2020

Staple Glass Fibre Articles Market Size in Southern Asia

The revenue of the staple glass fibre articles market in Southern Asia amounted to $X in 2017, rising by X% against the previous year. The staple glass fibre articles consumption continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013, when market value increased by X% year-to-year. The level of staple glass fibre articles consumption peaked in 2017, and is likely to see steady growth in the near future.

Staple Glass Fibre Articles Production in Southern Asia

In 2017, production of staple glass fibre articles in Southern Asia totaled X tons, dropping by -X% against the previous year. The staple glass fibre articles production continues to indicate a drastic drop. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. The volume of staple glass fibre articles production peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Staple Glass Fibre Articles Exports in Southern Asia

In 2017, approx. X tons of staple glass fibre articles were exported in Southern Asia; picking up by X% against the previous year. The staple glass fibre articles exports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, staple glass fibre articles exports stood at $X in 2017. The staple glass fibre articles exports continue to indicate a deep shrinkage. Over the period under review, the staple glass fibre articles exports reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Staple Glass Fibre Articles Exports by Country in Southern Asia

India represented the major exporter of staple glass fibre articles in Southern Asia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2017. It was distantly followed by Sri Lanka (X tons), generating 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. From 2007 to 2017, the share of India increased by X% percentage points, while Sri Lanka (-X%) saw their share reduced.

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

In India, staple glass fibre articles exports shrank by an average annual rate of -X% over the period from 2007-2017.

Staple Glass Fibre Articles Export Prices by Country in Southern Asia

In 2017, the staple glass fibre articles export price in Southern Asia amounted to $X per ton, growing by X% against the previous year. The staple glass fibre articles export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. The level of export price peaked in 2017, and is likely to see steady growth in the near future.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Sri Lanka ($X per ton) and India ($X per ton), while India ($X per ton) and Sri Lanka ($X per ton) were 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).

Staple Glass Fibre Articles Imports in Southern Asia

In 2017, approx. X tons of staple glass fibre articles were imported in Southern Asia; increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the staple glass fibre articles imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, staple glass fibre articles imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. In that year, the staple glass fibre articles imports reached their peak level, and are likely to continue its growth in the immediate term.

Staple Glass Fibre Articles Imports by Country in Southern Asia

India dominates staple glass fibre articles imports structure, amounting to X tons, which was near X% of total imports in 2017. It was distantly followed by Pakistan (X tons), committing X% share of total imports. The following importers - Sri Lanka (X tons), Bangladesh (X tons) and Maldives (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to staple glass fibre articles imports into India stood at +X%. At the same time, Maldives (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Bangladesh experienced a relatively flat trend pattern. By contrast, Sri Lanka (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported staple glass fibre articles in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($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 growth rate of value in India stood at +X%. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Sri Lanka (+X% per year).

Staple Glass Fibre Articles Import Prices by Country in Southern Asia

In 2017, the staple glass fibre articles import price in Southern Asia amounted to $X per ton, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013, an increase of X% against the previous year. Over the period under review, the import prices for staple glass fibre articles reached its peak figure level in 2017, and is likely to see steady growth in the near future.

Import prices varied noticeably by the country of destination; 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