EU: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in the EU

In 2022, after two years of growth, there was significant decline in the EU non-woven glass fibre articles market, when its value decreased by X% to $X. In general, consumption, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2017 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2021, and then reduced markedly in the following year.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in the EU

In value terms, non-woven glass fibre articles production declined slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2021, and then shrank modestly in the following year.

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Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports in the EU

For the seventh consecutive year, the European Union recorded growth in shipments abroad of non-woven glass fibre webs, felts, mattresses and boards, which increased by X% to X tons in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, non-woven glass fibre articles exports surged to $X in 2021. The total export value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons), distantly followed by the Czech Republic (X tons), Germany (X tons), Poland (X tons), France (X tons) and Slovenia (X tons) represented the key exporters of non-woven glass fibre webs, felts, mattresses and boards, together making up X% of total exports. The Netherlands (X tons), Finland (X tons), Sweden (X tons), Romania (X tons), Lithuania (X tons), Spain (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lithuania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Sweden ($X) constituted the countries with the highest levels of exports in 2021, together comprising X% of total exports. France, the Czech Republic, Poland, Italy, the Netherlands, Finland, Spain, Slovenia, Lithuania and Romania lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a slight setback. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports in the EU

In 2021, approx. X tons of non-woven glass fibre webs, felts, mattresses and boards were imported in the European Union; picking up by X% on 2020 figures. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, non-woven glass fibre articles imports soared to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons), distantly followed by Germany (X tons), Poland (X tons), Spain (X tons), the Netherlands (X tons), Belgium (X tons) and Austria (X tons) represented the main importers of non-woven glass fibre webs, felts, mattresses and boards, together generating X% of total imports. Denmark (X tons), the Czech Republic (X tons), Italy (X tons), Hungary (X tons), Lithuania (X tons) and Sweden (X tons) followed a long way behind the leaders.

Imports into France increased at an average annual rate of X% from 2012 to 2021. At the same time, Spain (X%), Austria (X%), Lithuania (X%), Hungary (X%), Poland (X%), the Netherlands (X%), the Czech Republic (X%), Sweden (X%), Italy (X%) and Denmark (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2021. Belgium experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of France, Spain, Austria and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising X% of total imports.

Among the main importing countries, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a slight decline. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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