Denmark: Glass Fibre Fabrics Market Overview 2021

Glass Fibre Fabrics Market Size in Denmark

The Danish glass fibre fabrics market dropped sharply to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Glass Fibre Fabrics Production in Denmark

In value terms, glass fibre fabrics production declined rapidly to $X in 2020 estimated in export prices. In general, production showed a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Glass Fibre Fabrics Exports

Exports from Denmark

For the fourth consecutive year, Denmark recorded decline in overseas shipments of glass fibre fabrics, which decreased by -X% to X tonnes in 2020. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, glass fibre fabrics exports fell to $X in 2020. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Poland (X tonnes) was the main destination for glass fibre fabrics exports from Denmark, with a X% share of total exports. Moreover, glass fibre fabrics exports to Poland exceeded the volume sent to the second major destination, Spain (X tonnes), threefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Poland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Germany (+X% per year).

In value terms, the largest markets for glass fibre fabrics exported from Denmark were the Netherlands ($X), Belgium ($X) and Germany ($X), together comprising X% of total exports.

Belgium (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fibre fabrics export price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, export price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, glass fibre fabrics export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2018 an increase of X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Fabrics Imports

Imports into Denmark

In 2020, purchases abroad of glass fibre fabrics decreased by -X% to X tonnes, falling for the sixth consecutive year after three years of growth. Over the period under review, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, glass fibre fabrics imports dropped significantly to $X in 2020. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tonnes), Sweden (X tonnes) and Belgium (X tonnes) were the main suppliers of glass fibre fabrics imports to Denmark, with a combined X% share of total imports. France, the Czech Republic, China and the UK lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic, while imports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The average glass fibre fabrics import price stood at $X per tonne in 2020, growing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre fabrics in the world?

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China (679K tonnes) remains the largest glass fibre fabrics consuming country worldwide, comprising approx. 27% of total volume. Moreover, glass fibre fabrics consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (318K tonnes), twofold. India (267K tonnes) ranked third in terms of total consumption with a 11% share.

What are the largest producers of glass fibre fabrics in the world?

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China (828K tonnes) constituted the country with the largest volume of glass fibre fabrics production, comprising approx. 33% of total volume. Moreover, glass fibre fabrics production in China exceeded the figures recorded by the second-largest producer, the U.S. (313K tonnes), threefold. The third position in this ranking was occupied by India (261K tonnes), with a 10% share.

What are the leading suppliers of glass fibre fabrics to Denmark?

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In value terms, Germany ($5.5M) constituted the largest supplier of glass fibre fabrics to Denmark, comprising 32% of total imports. The second position in the ranking was occupied by Sweden ($2M), with a 12% share of total imports. It was followed by the Czech Republic, with a 9.7% share.

What are the leading importers of glass fibre fabrics from Denmark?

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In value terms, the Netherlands ($766K), Belgium ($746K) and Germany ($551K) constituted the largest markets for glass fibre fabrics exported from Denmark worldwide, with a combined 42% share of total exports.

What is the average export price for glass fibre fabrics in Denmark?

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In 2020, the average glass fibre fabrics export price amounted to $8,427 per tonne, rising by 31% against the previous year.

What is the average import price for glass fibre fabrics in Denmark?

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In 2020, the average glass fibre fabrics import price amounted to $5,101 per tonne, growing by 12% against the previous year.