Czech Republic: Glass Fibre Mat Market 2024

Glass Fibre Mat Market Size in the Czech Republic

The Czech glass fibre mat market skyrocketed to $X in 2022, with an increase of 160% against the previous year. Overall, consumption recorded a pronounced expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Glass Fibre Mat Production in the Czech Republic

In value terms, glass fibre mat production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. Glass fibre mat production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Glass Fibre Mat Exports

Exports from the Czech Republic

In 2022, the amount of glass fibre mats exported from the Czech Republic contracted remarkably to X tons, which is down by -18.7% against the year before. In general, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, glass fibre mat exports declined rapidly to $X in 2022. Over the period under review, exports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

Italy (X tons), Germany (X tons) and the UK (X tons) were the main destinations of glass fibre mat exports from the Czech Republic, with a combined 67% share of total exports. Poland, the Netherlands, the United States, Slovakia, Austria, Latvia, Turkey and Spain lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +58.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fibre mat exported from the Czech Republic were Italy ($X), Germany ($X) and the UK ($X), together accounting for 63% of total exports. Poland, the United States, Slovakia, the Netherlands, Austria, Latvia, Spain and Turkey lagged somewhat behind, together accounting for a further 29%.

In terms of the main countries of destination, the United States, with a CAGR of +59.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average glass fibre mat export price amounted to $X per ton, which is down by -8.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 an increase of 29%. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($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 the UK (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Mat Imports

Imports into the Czech Republic

In 2022, approx. X tons of glass fibre mats were imported into the Czech Republic; declining by -19.4% on the previous year. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, glass fibre mat imports declined notably to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 52%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Belarus (X tons), France (X tons) and Slovakia (X tons) were the main suppliers of glass fibre mat imports to the Czech Republic, with a combined 59% 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 Belarus (with a CAGR of +60.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and Germany ($X) appeared to be the largest glass fibre mat suppliers to the Czech Republic, with a combined 59% share of total imports. Belarus, Slovakia, China, Egypt, Italy, Thailand, Turkey and India lagged somewhat behind, together comprising a further 34%.

Among the main suppliers, Belarus, with a CAGR of +61.0%, saw the highest rates of growth with regard to 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 mat import price amounted to $X per ton, picking up by 2.9% against the previous year. Overall, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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 Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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