Europe: Glass Fiber Market 2024

Glass Fiber Market Size in Europe

In 2022, the Europe glass fiber market increased by X% to $X, rising for the second year in a row after four years of decline. In general, consumption, however, continues to indicate a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Glass Fiber Production in Europe

In value terms, glass fiber production fell modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Glass Fiber Exports

Exports in Europe

In 2022, exports of voiles, webs, mats and other articles of glass fibers in Europe dropped to X tons, waning by X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, glass fiber exports reduced slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

In 2022, Belgium (X tons) and Germany (X tons) were the key exporters of voiles, webs, mats and other articles of glass fibers in Europe, together resulting at approx. X% of total exports. The UK (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%), France (X%), Spain (X%), Poland (X%) and Italy (X%). The Netherlands (X tons), Slovenia (X tons), Switzerland (X tons), Finland (X tons) and Denmark (X tons) followed a long way behind the leaders.

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

In value terms, Germany ($X), the UK ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the export price in Europe amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Glass Fiber Imports

Imports in Europe

Glass fiber imports declined to X tons in 2022, which is down by X% against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, glass fiber imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, France (X tons), distantly followed by Germany (X tons), Poland (X tons), Belgium (X tons), Spain (X tons), the UK (X tons) and the Netherlands (X tons) were the key importers of voiles, webs, mats and other articles of glass fibers, together achieving X% of total imports. Italy (X tons), Austria (X tons), Denmark (X tons), the Czech Republic (X tons), Hungary (X tons) and Sweden (X tons) followed a long way behind the leaders.

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

In value terms, the largest glass fiber importing markets in Europe were Germany ($X), France ($X) and the UK ($X), together comprising X% of total imports. Italy, Poland, Spain, the Netherlands, Sweden, Austria, Belgium, Denmark, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, recorded 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

The import price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, showed a mild descent. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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