Denmark: Glass Fiber Market 2024

Glass Fiber Market Size in Denmark

The Danish glass fiber market declined significantly to $X in 2022, shrinking by X% against the previous year. In general, consumption saw a relatively flat trend pattern. Glass fiber consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Glass Fiber Production in Denmark

In value terms, glass fiber production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Glass fiber production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Glass Fiber Exports

Exports from Denmark

After two years of decline, shipments abroad of voiles, webs, mats and other articles of glass fibers increased by X% to X tons in 2022. In general, exports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, glass fiber exports fell modestly to $X in 2022. Overall, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons), the UK (X tons) and France (X tons) were the main destinations of glass fiber exports from Denmark, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for voiles, webs, mats and other articles of glass fibers exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United States (X% per year).

Export Prices by Country

The average glass fiber export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to France ($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 Poland (X%), while the prices for the other major destinations experienced a decline.

Glass Fiber Imports

Imports into Denmark

In 2022, supplies from abroad of voiles, webs, mats and other articles of glass fibers decreased by X% to X tons, falling for the fifth consecutive year after six years of growth. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, glass fiber imports fell notably to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Sweden (X tons) and China (X tons) were the main suppliers of glass fiber imports to Denmark, together comprising X% of total imports. The UK, Finland, Lithuania, the Netherlands and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Lithuania ($X) appeared to be the largest glass fiber suppliers to Denmark, with a combined X% share of total imports. China, the Netherlands, Finland, the UK and Belgium lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fiber import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 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 Lithuania ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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