Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus (FOB) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus (CIF) - 2022
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus (FOB) - 2022
In April 2021, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $1,888 per ton, surging by 8.2% against the previous month. Over the last three months, it increased at an average monthly rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In April 2021, the country with the highest price was India ($2,538 per ton), while the average price for exports to the Czech Republic ($1,000 per ton) was amongst the lowest.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus (CIF) - 2022
In April 2021, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $1,809 per ton, rising by 28% against the previous month. Over the last three months, it increased at an average monthly rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was India ($3,129 per ton), while the price for Taiwan (Chinese) ($1,345 per ton) was amongst the lowest.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus
In 2022, approx. 13K tons of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) were exported from Belarus; declining by -79.3% on 2021. Overall, exports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports reached the peak of 64K tons, and then shrank markedly in the following year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) declined remarkably to $35M in 2022. Over the period under review, exports saw a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $128M, and then fell dramatically in the following year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 45.4 | 42.0 | 56.0 | 17.7 | -26.9% |
| Poland | 11.2 | 9.9 | 14.0 | 4.9 | -24.1% |
| Germany | 14.9 | 10.1 | 14.2 | 3.5 | -38.3% |
| Czech Republic | 1.3 | 0.8 | 2.6 | 1.3 | 0.0% |
| Moldova | 4.3 | 4.1 | 3.3 | 0.8 | -42.9% |
| Ukraine | 9.9 | 8.3 | 10.3 | 0.5 | -63.0% |
| Romania | 2.9 | 3.1 | 5.0 | 0.3 | -53.1% |
| Others | 21.8 | 20.6 | 22.4 | 5.5 | -36.8% |
| Total | 112 | 98.9 | 128 | 34.5 | -32.5% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Belarus in 2022:
- Russia (6.8K tons)
- Poland (3.0K tons)
- Germany (1.0K tons)
- Czech Republic (0.5K tons)
- Moldova (0.4K tons)
- Ukraine (0.3K tons)
- Romania (0.1K tons)
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus
In 2022, supplies from abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -81.7% to 1.7K tons, falling for the second year in a row after two years of growth. In general, imports faced a dramatic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 5.9% against the previous year. As a result, imports attained the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) fell sharply to $3.8M in 2022. Over the period under review, imports saw a significant decrease. The smallest decline of -2.6% was in 2021.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 11.4 | 10.3 | 11.5 | 2.6 | -38.9% |
| China | 3.3 | 2.7 | 1.6 | 0.5 | -46.7% |
| Taiwan (Chinese) | 0.8 | 0.5 | 0.5 | 0.1 | -50.0% |
| India | 0.5 | 0.6 | 0.2 | 0.1 | -41.5% |
| Ukraine | 1.2 | 1.1 | 1.0 | N/A | -8.7% |
| Others | 2.3 | 2.5 | 2.5 | 0.5 | -39.9% |
| Total | 19.6 | 17.7 | 17.2 | 3.8 | -42.1% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Belarus in 2022:
- Russia (1259.3 tons)
- China (236.5 tons)
- Taiwan (Chinese) (65.4 tons)
- India (27.7 tons)
- Ukraine (10.1 tons)
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