Spain: Glass Fibre Fabrics Market 2024

Glass Fibre Fabrics Market Size in Spain

The Spanish glass fibre fabrics market dropped to $X in 2022, declining by X% against the previous year. Over the period under review, the total consumption indicated a remarkable increase 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, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Glass Fibre Fabrics Production in Spain

In value terms, glass fibre fabrics production shrank to $X in 2022 estimated in export price. The total output value 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Glass fibre fabrics production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Glass Fibre Fabrics Exports

Exports from Spain

Glass fibre fabrics exports from Spain contracted to X tons in 2022, dropping by X% compared with 2021 figures. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, glass fibre fabrics exports shrank significantly to $X in 2022. Over the period under review, exports, however, enjoyed a tangible increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.

Exports by Country

Portugal (X tons), Germany (X tons) and France (X tons) were the main destinations of glass fibre fabrics exports from Spain, with a combined X% share of total exports. Brazil, India, Denmark, Morocco, Italy and the UK lagged somewhat behind, together accounting for 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 India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for glass fibre fabrics exports from Spain, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average glass fibre fabrics export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, showed a notable expansion. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced dramatically in the following year.

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

Glass Fibre Fabrics Imports

Imports into Spain

In 2022, supplies from abroad of glass fibre fabrics increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, glass fibre fabrics imports reduced to $X in 2022. Overall, total imports indicated a buoyant increase 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), China (X tons) and Mexico (X tons) were the main suppliers of glass fibre fabrics imports to Spain, with a combined X% share of total imports. Turkey, India, the Czech Republic, Egypt, France and Slovakia lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), Belgium ($X) and France ($X) were the largest glass fibre fabrics suppliers to Spain, together accounting for X% of total imports. The Czech Republic, India, Turkey, Mexico, Egypt and Slovakia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Egypt, 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

In 2022, the average glass fibre fabrics import price amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a noticeable downturn. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :