The volume of imports and exports of fiberglass and fiberglass products in October 2023 continued its year-on-year growth trend in the third quarter.
2024-10-23
Situation
By export, from January to October 2023, the cumulative export volume of glass fiber and products from China was 1.5704 million tons, down 2.95% from last year, and the total export value gradually decreased, amounting to US$2.395 billion; year-on-year decline of 19.88%; The export volume for the first 10 months was US$1,525.26 per ton, a decrease of 17.44% year on year. Volume
Exports of fiberglass and glass products in October totaled 143,200 tons, down 3.02% month-on-month and increasing year-on-year for four consecutive months, with export value at 8.99%; US$211 million, a month-on-month decrease of 4.41%; The average export price was US$1,475.17 per ton, a month-on-month decrease of 1.43%.
Exports of the three main categories of fiber products and chopped mats, mechanically bonded fabrics and fiberglass impregnated products in October were 93,500 tons, 32,700 tons and 17,000 tons, respectively, accounting for 65% and 23% respectively. % and 12%.
Products exported in September included non-twisted glass roving, chopped fiberglass strands no more than 50 mm long, mats with a chemical binder, fiberglass products not included in the list (70199099), glass. Compact roving fabrics were 55,000 tons, 19,900 tons, 13,500 tons, 11,400 tons and 6,200 tons, respectively. These five items together accounted for 72% of total exports that month.
