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EU - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

EU - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights

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Sep 21, 2020

The European Glass Fibres and Wool Market Reached $2.3B, Decelerating After Three Years of Solid Growth

IndexBox has just published a new report: 'EU - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

In 2019, the EU glass fibres and wool market increased by 0.3% to $2.3B, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of +2.3% over the period from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years.

Consumption by Country

The countries with the highest volumes of glass fibres and wool consumption in 2019 were the UK (255K tons), Belgium (131K tons) and Germany (128K tons), together comprising 56% of total consumption.

From 2013 to 2019, the biggest increases were in Belgium, while glass fibres and wool consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibres and wool markets in the European Union were Germany ($550M), the UK ($349M) and Belgium ($224M), together comprising 50% of the total market.

In 2019, the highest levels of glass fibres and wool per capita consumption was registered in Belgium (11 kg per person), followed by Denmark (5.06 kg per person), the UK (3.78 kg per person) and Germany (1.56 kg per person), while the world average per capita consumption of glass fibres and wool was estimated at 1.80 kg per person.

Production in the EU

In 2019, the amount of glass fibres and glass wool produced in the European Union reached 923K tons, rising by 4.3% compared with the previous year. The total output volume increased at an average annual rate of +3.7% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.

Exports in the EU

In 2019, the amount of glass fibres and glass wool exported in the European Union expanded modestly to 254K tons, growing by 2.5% against 2018 figures. The total export volume increased at an average annual rate of +4.8% over the period from 2013 to 2019. The most prominent rate of growth was recorded in 2017 with an increase of 13% against the previous year. In value terms, glass fibres and wool exports contracted slightly to $997M (IndexBox estimates) in 2019.

Exports by Country

The shipments of the three major exporters of glass fibres and glass wool, namely Germany, Belgium and Spain, represented more than half of total export. It was distantly followed by Sweden (14K tons), making up a 5.5% share of total exports. The following exporters - Lithuania (11K tons), the UK (11K tons), France (10K tons), Denmark (9.2K tons) and Italy (9.1K tons) - each accounted for a 20% share of total exports.

From 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lithuania (+163.2% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($313M) remains the largest glass fibres and wool supplier in the European Union, comprising 31% of total exports. The second position in the ranking was occupied by Spain ($110M), with an 11% share of total exports. It was followed by Denmark, with an 8.6% share.

Export Prices by Country

In 2019, the glass fibres and wool export price in the European Union amounted to $3,931 per ton, shrinking by -4.1% against the previous year. Over the period under review, the export price recorded a mild setback. The growth pace was the most rapid in 2016 when the export price increased by 17% y-o-y. As a result, export price attained the peak level of $4,614 per ton. From 2017 to 2019, the growth in terms of the export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($9,270 per ton), while Belgium ($1,359 per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibres and wool in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in the EU, split by region and country
  • Trade (exports and imports) in the EU
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Austria
    • Belgium
    • Bulgaria
    • Croatia
    • Cyprus
    • Czech Republic
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Greece
    • Hungary
    • Ireland
    • Italy
    • Latvia
    • Lithuania
    • Luxembourg
    • Malta
    • Netherlands
    • Poland
    • Portugal
    • Romania
    • Slovakia
    • Slovenia
    • Spain
    • Sweden

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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