Denmark: 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 Denmark

After two years of growth, the Danish market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles decreased by X% to $X in 2022. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted markedly in the following year.

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

In value terms, production of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles contracted markedly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight decline. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

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

Exports from Denmark

For the fourth year in a row, Denmark recorded growth in overseas shipments of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles, which increased by X% to X tons in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles totaled $X in 2022. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from Denmark, accounting for a X% share of total exports. Moreover, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to Belgium exceeded the volume sent to the second major destination, the Czech Republic (X tons), more than tenfold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Germany (X% per year).

In value terms, Belgium ($X) remains the key foreign market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average export price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

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

Imports into Denmark

In 2022, supplies from abroad of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles soared to $X in 2022. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Norway (X tons) constituted the largest glass fibre filament, roving, and staple glass fibre article supplier to Denmark, accounting for a X% share of total imports. Moreover, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from Norway exceeded the figures recorded by the second-largest supplier, Bahrain (X tons), tenfold. The third position in this ranking was held by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Norway totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and Belgium (X% per year).

In value terms, Norway ($X) constituted the largest supplier of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to Denmark, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Bahrain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Bahrain (X% per year).

Import Prices by Country

In 2022, the average import price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Poland ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :