Germany: Glass Fiber Market 2024

Glass Fiber Market Size in Germany

In 2022, the German glass fiber market increased by X% to $X, rising for the second year in a row after eight years of decline. Overall, consumption, however, continues to indicate a abrupt descent. Glass fiber consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Glass Fiber Production in Germany

In value terms, glass fiber production fell modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Glass Fiber Exports

Exports from Germany

In 2022, the amount of voiles, webs, mats and other articles of glass fibers exported from Germany dropped to X tons, reducing by X% compared with the previous year's figure. In general, total exports indicated resilient growth 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. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, glass fiber exports shrank to $X in 2022. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

France (X tons), Austria (X tons) and Denmark (X tons) were the main destinations of glass fiber exports from Germany, with a combined X% share of total exports. The United States, Switzerland, the Czech Republic, Italy, Poland, Turkey, the Netherlands, Sweden, Belgium and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for glass fiber exported from Germany were France ($X), the United States ($X) and Austria ($X), together comprising X% of total exports.

The United States, with a CAGR of X%, 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 fiber export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Denmark ($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 more modest paces of growth.

Glass Fiber Imports

Imports into Germany

In 2022, the amount of voiles, webs, mats and other articles of glass fibers imported into Germany contracted modestly to X tons, dropping by X% against the year before. The total import volume 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then dropped modestly in the following year.

In value terms, glass fiber imports shrank modestly 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

Belgium (X tons), the Czech Republic (X tons) and Slovakia (X tons) were the main suppliers of glass fiber imports to Germany, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Belgium ($X) and France ($X) constituted the largest glass fiber suppliers to Germany, with a combined X% share of total imports. The UK, the Czech Republic, China, Austria, the Netherlands, Switzerland, Italy, Russia, Slovenia and Slovakia lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average glass fiber import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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