Report Update May 1, 2024

Puerto Rico - Voiles, Webs, Mats and Other Articles of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Glass Fiber Market 2024

Glass Fiber Market Size in Puerto Rico

In 2021, the Puerto Rican glass fiber market increased by 5.6% to $X for the first time since 2014, thus ending a six-year declining trend. Over the period under review, consumption, however, recorded a slight downturn. Puerto Rico consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Glass Fiber Production in Puerto Rico

In value terms, glass fiber production reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild contraction. The growth pace was the most rapid in 2013 with an increase of 46% against the previous year. Puerto Rico production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Glass Fiber Exports

Exports from Puerto Rico

Glass fiber exports from Puerto Rico amounted to less than X kg in 2021, remaining relatively unchanged against the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, glass fiber exports stood at less than $X in 2021. In general, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons) represented the key exporter of voiles, webs, mats and other articles of glass fibers, generating 25% of total exports. It was distantly followed by Belgium (X tons), Germany (X tons) and the United States (X tons), together committing a 22% share of total exports. The UK (X tons), the Czech Republic (X tons), Russia (X tons), Spain (X tons), France (X tons), Poland (X tons), Turkey (X tons), Canada (X tons) and Italy (X tons) took a little share of total exports.

Exports from China increased at an average annual rate of +4.6% from 2012 to 2021. At the same time, Germany (+9.1%), Turkey (+7.4%), Poland (+6.5%), Spain (+6.2%), Russia (+6.0%), the UK (+5.8%), France (+5.1%), Belgium (+4.9%), Italy (+2.8%), the Czech Republic (+1.9%) and Canada (+1.7%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.1% from 2012-2021. By contrast, the United States (-10.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Germany and Belgium increased by +4, +3.4 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest glass fiber supplying countries from Puerto Rico were China ($X), the United States ($X) and Germany ($X), together comprising 44% of total exports.

Germany, with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. Overall, the export price showed a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the other leaders experienced more modest paces of growth.

Glass Fiber Imports

Imports into Puerto Rico

In 2021, imports of voiles, webs, mats and other articles of glass fibers into Puerto Rico stood at less than X kg, remaining relatively unchanged against 2020. In general, imports saw a relatively flat trend pattern.

In value terms, glass fiber imports amounted to less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

The purchases of the four major importers of voiles, webs, mats and other articles of glass fibers, namely France, the United States, Canada and Germany, represented more than fourth of total import. Mexico (X tons), Poland (X tons), Belgium (X tons), Spain (X tons), India (X tons), the UK (X tons), South Korea (X tons), Italy (X tons) and Japan (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +9.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fiber importing markets into Puerto Rico were the United States ($X), Germany ($X) and France ($X), together accounting for 24% of total imports. Mexico, Canada, South Korea, Italy, the UK, Poland, Japan, Spain, India and Belgium lagged somewhat behind, together accounting for a further 30%.

South Korea, with a CAGR of +10.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, approximately reflecting the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for voiles, webs, mats and other articles of glass fibers in the world?

China remains the largest glass fiber consuming country worldwide, accounting for 26% of total volume. Moreover, glass fiber consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by France, with a 10% share.

What are the largest producers of voiles, webs, mats and other articles of glass fibers in the world?

The country with the largest volume of glass fiber production was China, comprising approx. 36% of total volume. Moreover, glass fiber production in China exceeded the figures recorded by the second-largest producer, India, fourfold. France ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of voiles, webs, mats and other articles of glass fibers to Puerto Rico?

In value terms, the United States, Germany and France constituted the countries with the highest levels of imports in 2021, together accounting for 24% of total imports. These countries were followed by Mexico, Canada, South Korea, Italy, the UK, Poland, Japan, Spain, India and Belgium, which together accounted for a further 30%.

What are the leading importers of voiles, webs, mats and other articles of glass fibers from Puerto Rico?

In value terms, the largest glass fiber supplying countries from Puerto Rico were China, the United States and Germany, together accounting for 44% of total exports.

What is the average export price for voiles, webs, mats and other articles of glass fibers in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, approximately mirroring the previous year.

What is the average import price for voiles, webs, mats and other articles of glass fibers in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the glass fiber market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23141210 -
Prodcom 23141230 -
Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
Prodcom 23141293 -
Prodcom 23141295 -
Prodcom 23141299 -

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023