Netherlands: Market for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles 2024

Market Size for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in the Netherlands

The Dutch market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles skyrocketed to $X in 2021, jumping by 27% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in the Netherlands

In value terms, production of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles rose remarkably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 22%. As a result, production attained the peak level of $X. From 2014 to 2021, production of growth failed to regain momentum.

Exports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Exports from the Netherlands

In 2021, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from the Netherlands rose sharply to X tons, increasing by 10% compared with the previous year. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -19.6% against 2019 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 53% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles surged to $X in 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -9.5% against 2019 indices. The growth pace was the most rapid in 2016 when exports increased by 56% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from the Netherlands, with a 67% share of total exports. Moreover, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+9.1% per year) and Italy (+8.3% per year).

In value terms, Germany ($X) remains the key foreign market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles exports from the Netherlands, comprising 64% of total exports. The second position in the ranking was held by Belgium ($X), with a 14% share of total exports. It was followed by Italy, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+7.9% per year) and Italy (+10.2% per year).

Export Prices by Country

In 2021, the average export price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles amounted to $X per ton, growing by 13% against the previous year. In general, the export price, however, showed a slight setback. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to France ($X per ton) and Italy ($X per ton), while the average price for exports to Finland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.8%), while the prices for the other major destinations experienced a decline.

Imports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Imports into the Netherlands

In 2021, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles into the Netherlands skyrocketed to X tons, with an increase of 16% on the previous year's figure. Over the period under review, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 35% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles surged to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Egypt (X tons) and Belgium (X tons) were the main suppliers of imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to the Netherlands, together accounting for 69% of total imports. France, Germany, Slovakia, China and the United States lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +79.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Belgium ($X) and France ($X) were the largest glass fibre filament, roving, and staple glass fibre article suppliers to the Netherlands, together accounting for 63% of total imports. Egypt, Germany, Slovakia, China and the United States lagged somewhat behind, together comprising a further 26%.

Egypt, with a CAGR of +72.7%, saw 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

The average import price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2021, surging by 17% against the previous year. Over the period under review, the import price, however, showed a mild descent. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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