Eastern Asia’s Glass Wool Trade Shifts as China Dominates in 2024
The glass wool and fibres market in Eastern Asia experienced mixed trends in 2024. While imports of the Asia map fell sharply, exports rose significantly in both volume and value. China remained the region’s largest player, leading both imports and exports during the year.
Imports of glass wool and fibres in Eastern Asia dropped by X% to X tons in 2024. This decline marked a notable reduction in foreign purchases. Despite the lower volume, the average import price climbed to $X per ton, an increase of X% compared to 2023.
The 2024 figures highlight contrasting movements in Eastern Asia’s glass wool and fibres trade. Import volumes shrank, but prices rose, while exports expanded in both quantity and value. China’s strong role in both importing and exporting underscores its influence in the regional map of Asia market.
