New Zealand - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

New Zealand - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights

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Price for Glass Fibre Chopped Strand in New Zealand - 2023

Contents:

  1. Price for Glass Fibre Chopped Strand in New Zealand (CIF) - 2022
  2. Price for Glass Fibre Chopped Strand in New Zealand (FOB) - 2022
  3. Imports of Glass Fibre Chopped Strand in New Zealand
  4. Exports of Glass Fibre Chopped Strand in New Zealand

Price for Glass Fibre Chopped Strand in New Zealand (CIF) - 2022

In 2022, the average glass fibre chopped strand import price amounted to $1,650 per ton, increasing by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,650 per ton), while the price for the UK amounted to $1,650 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.7%).

Price for Glass Fibre Chopped Strand in New Zealand (FOB) - 2022

In 2022, the average glass fibre chopped strand export price amounted to $1,696 per ton, rising by 23% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 248% against the previous year. The export price peaked at $9,273 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($1,696 per ton), while the average price for exports to Marshall Islands ($1,695 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.0%).

Imports of Glass Fibre Chopped Strand in New Zealand

In 2022, approx. 1.5K tons of glass fibre chopped strands were imported into New Zealand; leveling off at the previous year's figure. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, glass fibre chopped strand imports skyrocketed to $2.5M in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Glass Fibre Chopped Strand in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5157001,0011,94755.8%
United Kingdom28253585647519.0%
Others8.319.274.731.856.5%
Total8061,2541,9322,45444.9%

Top Suppliers of Glass Fibre Chopped Strand to New Zealand in 2022:

  1. United States (1180.4 tons)
  2. United Kingdom (287.7 tons)

Exports of Glass Fibre Chopped Strand in New Zealand

In 2022, exports of glass fibre chopped strands from New Zealand surged to 2.7 tons, with an increase of 25% on the previous year. The total export volume increased at an average annual rate of +24.9% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre chopped strand exports skyrocketed to $4.6K in 2022. Over the period under review, total exports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +53.1% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glass Fibre Chopped Strand in New Zealand (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Australia3.02.7-10.0%
Marshall IslandsN/A1.50%
New CaledoniaN/A0.40%
OthersN/AN/A0%
Total3.04.653.3%

Top Export Markets for Glass Fibre Chopped Strand from New Zealand in 2022:

  1. Australia (1587.0 kg)
  2. Marshall Islands (860.0 kg)
  3. New Caledonia (263.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibre chopped strand in New Zealand. 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)

Country coverage:

  • New Zealand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in New Zealand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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