Netherlands: Market for Glass Fibres And Glass Wool 2024

Market Size for Glass Fibres And Glass Wool in the Netherlands

The Dutch glass fibres and wool market expanded slightly to $X in 2022, increasing by 3.9% against the previous year. Overall, consumption, however, enjoyed a prominent expansion. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Production of Glass Fibres And Glass Wool in the Netherlands

In value terms, glass fibres and wool production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 206%. Glass fibres and wool production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Glass Fibres And Glass Wool

Exports from the Netherlands

In 2022, the amount of glass fibres and glass wool exported from the Netherlands fell modestly to X tons, reducing by -4.7% compared with 2021. In general, exports, however, continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 160%. As a result, the exports reached the peak of X tons, and then dropped modestly in the following year.

In value terms, glass fibres and wool exports rose remarkably to $X in 2022. Over the period under review, exports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when exports increased by 67%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

France (X tons) was the main destination for glass fibres and wool exports from the Netherlands, accounting for a 44% share of total exports. Moreover, glass fibres and wool exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.0% per year) and Belgium (+0.7% per year).

In value terms, France ($X) emerged as the key foreign market for glass fibres and glass wool exports from the Netherlands, comprising 32% of total exports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+14.8% per year) and Germany (+1.1% per year).

Export Prices by Country

In 2022, the average glass fibres and wool export price amounted to $X per ton, growing by 11% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibres and wool export price decreased by -28.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 23%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Germany ($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 Belgium (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres And Glass Wool

Imports into the Netherlands

In 2022, supplies from abroad of glass fibres and glass wool increased by 29% to X tons, rising for the fifth consecutive year after three years of decline. Over the period under review, imports recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, glass fibres and wool imports soared to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +120.4% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of glass fibres and wool to the Netherlands, accounting for a 58% share of total imports. Moreover, glass fibres and wool imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. China (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.6% per year) and China (-4.4% per year).

In value terms, Germany ($X), Belgium ($X) and China ($X) were the largest glass fibres and wool suppliers to the Netherlands, with a combined 68% share of total imports. France, Serbia and Slovakia lagged somewhat behind, together accounting for a further 4.2%.

In terms of the main suppliers, Serbia, with a CAGR of +54.4%, 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

The average glass fibres and wool import price stood at $X per ton in 2022, growing by 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2014 an increase of 19% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, 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 Slovakia ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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