Denmark: Glass Fibre Mat Market 2024

Glass Fibre Mat Market Size in Denmark

The Danish glass fibre mat market contracted notably to $X in 2022, falling by -36.3% against the previous year. Over the period under review, consumption recorded a abrupt contraction. Glass fibre mat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Glass Fibre Mat Production in Denmark

In value terms, glass fibre mat production dropped markedly to $X in 2022 estimated in export price. Overall, production showed a precipitous setback. The pace of growth appeared the most rapid in 2015 with an increase of 1,006%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Glass Fibre Mat Exports

Exports from Denmark

After two years of growth, shipments abroad of glass fibre mats decreased by -15.3% to X tons in 2022. In general, exports recorded a pronounced decrease. The growth pace was the most rapid in 2016 when exports increased by 234% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, glass fibre mat exports reduced to $X in 2022. Overall, exports saw a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 166% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for glass fibre mat exports from Denmark, with a 71% share of total exports. Moreover, glass fibre mat exports to France exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +89.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+21.2% per year) and the Netherlands (+26.7% per year).

In value terms, France ($X) remains the key foreign market for glass fibre mats exports from Denmark, comprising 49% of total exports. The second position in the ranking was held by Norway ($X), with a 13% share of total exports. It was followed by Sweden, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +81.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+20.0% per year) and Sweden (+11.7% per year).

Export Prices by Country

In 2022, the average glass fibre mat export price amounted to $X per ton, surging by 11% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of 69% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to France ($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 Norway (+0.4%), while the prices for the other major destinations experienced a decline.

Glass Fibre Mat Imports

Imports into Denmark

In 2022, the amount of glass fibre mats imported into Denmark plummeted to X tons, declining by -27.1% compared with the year before. Overall, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2017 when imports increased by 292% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, glass fibre mat imports shrank markedly to $X in 2022. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 363% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Sweden (X tons), Finland (X tons) and the Netherlands (X tons) were the main suppliers of glass fibre mat imports to Denmark, with a combined 90% 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 Finland (with a CAGR of +44.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of glass fibre mats to Denmark, comprising 50% of total imports. The second position in the ranking was held by Finland ($X), with a 22% share of total imports. It was followed by Poland, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+35.1% per year) and Poland (+11.4% per year).

Import Prices by Country

The average glass fibre mat import price stood at $X per ton in 2022, surging by 6.8% against the previous year. Over the period under review, the import price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood 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 Poland ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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