Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $1,850 per ton in 2022, growing by 5.8% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The import price peaked at $2,596 per ton in 2012; however, from 2013 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 Germany ($5,825 per ton), while the price for Turkey ($911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.0%), 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 Russia (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $2,287 per ton in 2022, picking up by 45% against the previous year. Overall, the export price posted slight growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($4,131 per ton), while the average price for exports to Finland ($1,046 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 Uzbekistan (+10.0%), 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 Russia
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Russia shrank remarkably to 69K tons in 2022, waning by -37.9% on 2021. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 112K tons, and then dropped remarkably in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) fell remarkably to $128M in 2022. Over the period under review, imports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of $195M, and then plummeted in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.8 | 55.2 | 113 | 96.0 | 16.4% |
| Germany | 14.4 | 13.0 | 16.4 | 7.7 | -18.8% |
| Finland | 2.1 | 2.2 | 2.8 | 3.7 | 20.8% |
| Turkey | 1.1 | 0.6 | 1.1 | 1.5 | 10.9% |
| Taiwan (Chinese) | 5.6 | 5.2 | 4.8 | 1.2 | -40.2% |
| United States | 3.0 | 2.0 | 7.1 | 1.1 | -28.4% |
| Belarus | 44.8 | 42.1 | N/A | N/A | -6.0% |
| Others | 35.9 | 39.5 | 50.1 | 17.0 | -22.1% |
| Total | 168 | 160 | 195 | 128 | -8.7% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Russia in 2022:
- China (58.9K tons)
- Turkey (1.7K tons)
- Finland (1.7K tons)
- Germany (1.3K tons)
- Taiwan (Chinese) (0.7K tons)
- United States (0.4K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia
Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Russia declined rapidly to 49K tons in 2022, shrinking by -52% compared with the previous year's figure. Overall, exports saw a sharp slump. The smallest decline of -2.5% was in 2021.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) reduced rapidly to $112M in 2022. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports attained the peak of $161M, and then fell dramatically in the following year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 17.8 | 15.7 | 22.2 | 26.9 | 14.8% |
| Germany | 31.5 | 31.9 | 45.6 | 22.7 | -10.3% |
| Belgium | 6.7 | 6.1 | 6.4 | 8.2 | 7.0% |
| Uzbekistan | 5.7 | 5.0 | 6.5 | 7.0 | 7.1% |
| Serbia | 5.0 | 4.4 | 5.6 | 5.0 | 0.0% |
| Lithuania | 2.5 | 2.0 | 1.2 | 3.9 | 16.0% |
| Finland | 2.9 | 2.5 | 2.5 | 3.9 | 10.4% |
| Ukraine | 14.2 | 13.5 | 17.9 | 3.0 | -40.4% |
| Mongolia | 1.8 | 1.7 | 2.5 | 2.7 | 14.5% |
| Kyrgyzstan | 3.5 | 1.4 | 2.2 | 2.6 | -9.4% |
| Czech Republic | 5.8 | 6.2 | 4.0 | 2.2 | -27.6% |
| Azerbaijan | 1.7 | 1.6 | 2.1 | 1.8 | 1.9% |
| United Kingdom | 11.2 | 2.5 | 4.8 | 1.3 | -51.2% |
| Others | 44.8 | 42.0 | 37.3 | 20.9 | -22.4% |
| Total | 155 | 137 | 161 | 112 | -10.3% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Russia in 2022:
- Kazakhstan (14.3K tons)
- Germany (5.7K tons)
- Belgium (4.3K tons)
- Finland (3.8K tons)
- Ukraine (2.8K tons)
- Uzbekistan (2.7K tons)
- Kyrgyzstan (1.5K tons)
- Czech Republic (1.2K tons)
- Serbia (1.2K tons)
- Azerbaijan (1.2K tons)
- Mongolia (1.2K tons)
- United Kingdom (1.1K tons)
- Lithuania (1.0K tons)
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