Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $4,982 per ton, rising by 12% against the previous year. In general, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2016 an increase of 14%. Over the period under review, average import prices hit record highs at $5,959 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($18,697 per ton), while the price for Belgium ($3,257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $6,329 per ton in 2022, with a decrease of -10.2% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) increased by +45.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 42%. As a result, the export price attained the peak level of $7,051 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($27,000 per ton), while the average price for exports to Poland ($2,686 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 Belarus (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Luxembourg surged to 5K tons in 2022, jumping by 26% compared with 2021. Overall, imports, however, showed a slight shrinkage.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $25M in 2022. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.8 | 6.5 | 7.0 | 10.8 | -5.5% |
| Belgium | 4.8 | 4.1 | 4.8 | 6.1 | 8.3% |
| Czech Republic | 1.0 | 0.4 | 1.0 | 2.5 | 35.7% |
| Finland | 1.4 | 1.2 | 1.7 | 2.0 | 12.6% |
| Austria | 1.4 | 1.1 | 1.0 | 1.3 | -2.4% |
| France | 0.4 | 0.4 | 0.6 | 0.3 | -9.1% |
| Others | 2.0 | 1.3 | 1.8 | 1.9 | -1.7% |
| Total | 23.8 | 15.0 | 17.7 | 25.0 | 1.7% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Luxembourg in 2022:
- Germany (2001.8 tons)
- Belgium (1878.9 tons)
- Czech Republic (475.6 tons)
- Finland (433.6 tons)
- Austria (69.3 tons)
- France (41.4 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg
Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Luxembourg surged to 998 tons in 2022, with an increase of 42% on the previous year's figure. In general, exports, however, saw a noticeable decrease.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $6.3M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,138 | 876 | 1,019 | 2,598 | 31.7% |
| Turkey | 157 | 193 | 1,509 | 1,946 | 131.4% |
| France | 339 | 486 | 510 | 456 | 10.4% |
| Poland | 1,139 | 190 | 283 | 279 | -37.4% |
| Italy | 390 | 325 | 337 | 265 | -12.1% |
| Belgium | 178 | 137 | 141 | 155 | -4.5% |
| Ukraine | 40.0 | 41.3 | 60.4 | 104 | 37.5% |
| Czech Republic | 93.2 | 62.5 | 114 | 48.8 | -19.4% |
| Romania | 90.6 | 114 | 24.3 | 37.9 | -25.2% |
| Lithuania | 159 | 67.2 | 131 | 16.8 | -52.7% |
| Others | 1,067 | 612 | 817 | 411 | -27.2% |
| Total | 4,791 | 3,104 | 4,946 | 6,318 | 9.7% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Luxembourg in 2022:
- Germany (619.7 tons)
- Poland (104.0 tons)
- Turkey (81.8 tons)
- France (40.8 tons)
- Italy (35.2 tons)
- Ukraine (28.7 tons)
- Belgium (21.5 tons)
- Czech Republic (15.8 tons)
- Romania (9.0 tons)
- Lithuania (5.3 tons)
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