Benelux: Market for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles 2024

Market Size for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in Benelux

The Benelux market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles shrank slightly to $X in 2022, flattening at the previous year. Overall, consumption recorded a noticeable slump. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in Benelux

In value terms, production of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles reduced to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced slump. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

Exports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Exports in Benelux

In 2022, the amount of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles exported in Benelux shrank modestly to X tons, dropping by X% compared with the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank modestly in the following year.

In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles rose markedly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Belgium represented the key exporter of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles in Benelux, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X tons), comprising a X% share of total exports.

Exports from Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) remains the largest glass fibre filament, roving, and staple glass fibre article supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belgium stood at X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

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

Imports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Imports in Benelux

In 2022, approx. X tons of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles were imported in Benelux; falling by X% on 2021. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank slightly in the following year.

In value terms, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles expanded notably to $X in 2022. Overall, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

In value terms, Belgium ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

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

Source: IndexBox Platform

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