Tunisia: Market for Glass Fibres and Glass Fibre Articles 2024

Market Size for Glass Fibres and Glass Fibre Articles in Tunisia

The Tunisian glass fibre and article market fell modestly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Glass fibre and article consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Glass Fibres and Glass Fibre Articles in Tunisia

In value terms, glass fibre and article production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X%. Glass fibre and article production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Glass Fibres and Glass Fibre Articles

Exports from Tunisia

In 2022, approx. X tons of glass fibres and glass fibre articles were exported from Tunisia; falling by X% on the year before. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, glass fibre and article exports contracted modestly to $X in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted modestly in the following year.

Exports by Country

France (X tons) was the main destination for glass fibre and article exports from Tunisia, with a X% share of total exports. Moreover, glass fibre and article exports to France exceeded the volume sent to the second major destination, Austria (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Italy (X% per year).

In value terms, France ($X) remains the key foreign market for glass fibres and glass fibre articles exports from Tunisia, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Austria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average glass fibre and article export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Glass Fibres and Glass Fibre Articles

Imports into Tunisia

In 2022, supplies from abroad of glass fibres and glass fibre articles increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports saw a pronounced increase. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, glass fibre and article imports expanded notably to $X in 2022. Over the period under review, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of glass fibre and article to Tunisia, accounting for a X% share of total imports. Moreover, glass fibre and article imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

In value terms, China ($X), France ($X) and Italy ($X) were the largest glass fibre and article suppliers to Tunisia, with a combined X% share of total imports. Spain, Egypt, the Czech Republic and Mexico lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fibre and article import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform