EU - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
European Mineral Wool Imports Fall Owing to Declining Purchases in France and Italy
IndexBox has just published a new report: 'EU - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
In 2020, European mineral wool imports dropped by -6.5% y-o-y to 1.3M tonnes. In value terms, they declined to $1.3B. France, Italy, Germany, Austria, Poland, Sweden, Romania, the Czech Republic and Belgium account for 74% of the total import volume in the EU. Last year, France, Germany and Italy saw a reduction in the volume of purchases from abroad. In 2020, the mineral wool import price in Europe remained relatively unchanged compared to the figures of the previous year.
Mineral Wool Imports in the EU
In 2020, approx. 1.3M tonnes of slag wool, rock wool and similar mineral wools and mixtures were imported in the EU, which was -6.5% lower compared with the year before. In value terms, mineral wool imports declined to $1.3B (IndexBox estimates) in 2020.
France (182K tonnes), Italy (147K tonnes), Germany (139K tonnes), Austria (102K tonnes), Poland (82K tonnes), Sweden (81K tonnes), Romania (79K tonnes), the Czech Republic (64K tonnes) and Belgium (56K tonnes) represented roughly 74% of total imports of slag wool, rock wool and similar mineral wools and mixtures in 2020. The following importers - Latvia (37K tonnes), Slovenia (34K tonnes), Finland (30K tonnes) and the Netherlands (30K tonnes) - together made up 10% of total imports.
France (-3.9% y-o-y), Italy (-10.0% y-o-y) and Germany (-10.0% y-o-y) reduced their purchases in physical terms against the previous year. Among other countries, Poland (-16.4% y-o-y) saw the most prominent drop in terms of import volume.
In value terms, Germany ($193M), France ($165M) and Italy ($128M) constituted the countries with the highest levels of imports in 2020, with a combined 38% share of total imports. These countries were followed by Austria, Belgium, Sweden, Poland, the Czech Republic, Romania, Finland, the Netherlands, Latvia and Slovenia, which together accounted for a further 45%.
In 2020, the mineral wool import price in the EU amounted to $1,014 per tonne, remaining relatively unchanged against the previous year. There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Finland ($1,548 per tonne), while Romania ($650 per tonne) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the mineral wool market in the EU. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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