Denmark: Glass Fabric Market Overview 2020

Glass Fabric Market Size in Denmark

The revenue of the glass fabric market in Denmark amounted to $X in 2018, flattening at the previous year. In general, glass fabric consumption continues to indicate a prominent increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, the glass fabric market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Glass Fabric Production in Denmark

In value terms, glass fabric production amounted to $X in 2018 estimated in export prices. Overall, glass fabric production, however, continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2012 when production volume increased by X% against the previous year. Glass fabric production peaked at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Glass Fabric Exports

Exports from Denmark

In 2018, approx. X tonnes of woven fabrics (including narrow fabrics) of glass fibers were exported from Denmark; going down by -X% against the previous year. In general, glass fabric exports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, glass fabric exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, glass fabric exports amounted to $X in 2018. Overall, glass fabric exports continue to indicate an abrupt shrinkage. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Poland (X tonnes), the UK (X tonnes) and Qatar (X tonnes) were the main destinations of glass fabric exports from Denmark, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Qatar, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fabric exported from Denmark were the UK ($X), Poland ($X) and Qatar ($X), together comprising X% of total exports. Belgium, Sweden, Spain, Italy, Malaysia, Norway and the U.S. lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average glass fabric export price amounted to $X per tonne, standing approx. at the previous year. In general, the glass fabric export price, however, continues to indicate a measured decline. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Glass Fabric Imports

Imports into Denmark

In 2018, the imports of woven fabrics (including narrow fabrics) of glass fibers into Denmark totaled X tonnes, declining by -X% against the previous year. In general, the total imports indicated a measured increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, glass fabric imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. In that year, glass fabric imports attained their peak of X tonnes. From 2009 to 2018, the growth of glass fabric imports remained at a somewhat lower figure.

In value terms, glass fabric imports stood at $X in 2018. In general, glass fabric imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, glass fabric imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest glass fabric supplier to Denmark, accounting for a X% share of total imports. Moreover, glass fabric imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), fourfold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-X% per year) and Belgium (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of glass fabric to Denmark, comprising X% of total glass fabric imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Belgium (+X% per year).

Import Prices by Country

In 2018, the average glass fabric import price amounted to $X per tonne, falling by -X% against the previous year. In general, the glass fabric import price continues to indicate a pronounced deduction. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. In that year, the average import prices for woven fabrics (including narrow fabrics) of glass fibers reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for woven fabrics (including narrow fabrics) of glass fibers remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Sweden ($X per tonne), while the price for Finland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform