Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,797 per ton, rising by 16% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) increased by +105.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 the United States ($9,911 per ton), while the price for Mexico ($1,430 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $13,875 per ton, leveling off at the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2014 an increase of 108%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($17,040 per ton), while the average price for exports to France amounted to $2,571 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3,778.0%), while the prices for the other major destinations experienced a decline.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) imported into Algeria shrank rapidly to 5.8K tons, waning by -30.7% on the previous year. Overall, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) dropped significantly to $16M in 2022. Over the period under review, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of $20M, and then shrank significantly in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.7 | 3.7 | 4.3 | 5.2 | -8.1% |
| United States | 0.5 | 1.1 | 0.6 | 3.0 | 81.7% |
| Turkey | 1.1 | 0.8 | 1.1 | 2.8 | 36.5% |
| Czech Republic | 0.2 | 1.1 | 1.0 | 0.6 | 44.2% |
| France | 1.3 | 0.4 | 1.4 | 0.6 | -22.7% |
| Poland | 0.8 | 0.6 | 0.5 | 0.5 | -14.5% |
| Germany | 1.8 | 1.2 | 3.8 | 0.5 | -34.8% |
| United Arab Emirates | 0.5 | 1.3 | 1.6 | 0.4 | -7.2% |
| Spain | 2.1 | 0.7 | 0.9 | 0.4 | -42.5% |
| Netherlands | 0.4 | 0.3 | 0.8 | 0.3 | -9.1% |
| Mexico | 0.3 | 0.2 | 0.5 | 0.3 | 0.0% |
| India | 0.1 | 0.3 | 0.4 | 0.1 | 0.0% |
| Belgium | 0.7 | 0.4 | 0.9 | 0.1 | -47.7% |
| Others | 2.3 | 1.5 | 2.2 | 1.3 | -17.3% |
| Total | 18.7 | 13.6 | 20.0 | 16.1 | -4.9% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Algeria in 2022:
- China (2290.8 tons)
- Turkey (1543.6 tons)
- United States (307.0 tons)
- Poland (262.8 tons)
- Mexico (239.4 tons)
- Czech Republic (186.2 tons)
- France (163.9 tons)
- Netherlands (138.5 tons)
- United Arab Emirates (132.4 tons)
- Germany (94.9 tons)
- Spain (81.3 tons)
- India (43.3 tons)
- Belgium (26.5 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria
In 2022, after two years of decline, there was decline in overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), when their volume decreased by 0% to 32 kg. In general, exports saw a sharp contraction. The smallest decline of 99.9% was in 2020.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) totaled $444 in 2022. Over the period under review, exports saw a sharp downturn. The smallest decline of 99.9% was in 2020.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 0.4 | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| Canada | 3.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | N/A | N/A | 0.4 | -48.9% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Algeria in 2022:
- United Arab Emirates (25.0 kg)
- France (7.0 kg)
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