EU: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in the EU

The EU multiple-walled insulating glass unit market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Multiple-Walled Insulating Units Of Glass in the EU

In value terms, multiple-walled insulating glass unit production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Multiple-Walled Insulating Units Of Glass

Exports in the EU

Multiple-walled insulating glass unit exports rose sharply to X square meters in 2021, with an increase of 10% compared with the year before. Total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +73.8% against 2013 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 13% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, multiple-walled insulating glass unit exports expanded rapidly to $X in 2021. The total export value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 15% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Germany (X square meters) and Poland (X square meters) were the largest exporters of multiple-walled insulating units of glass in 2021, resulting at near 32% and 27% of total exports, respectively. Spain (X square meters) ranks next in terms of the total exports with a 4.8% share, followed by Croatia (4.5%). France (X square meters), Austria (X square meters), Lithuania (X square meters), Belgium (X square meters), the Czech Republic (X square meters), Hungary (X square meters) and Slovakia (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Croatia (with a CAGR of +60.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Spain ($X) were the countries with the highest levels of exports in 2021, together comprising 63% of total exports. These countries were followed by Austria, France, Belgium, Lithuania, Croatia, the Czech Republic, Hungary and Slovakia, which together accounted for a further 27%.

Croatia, with a CAGR of +42.3%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per square meter in 2021, rising by 3.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 8.4%. Over the period under review, the export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per square meter), while Hungary ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.4%), while the other leaders experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports in the EU

In 2021, imports of multiple-walled insulating units of glass in the European Union soared to X square meters, increasing by 17% on 2020. Total imports indicated strong growth from 2012 to 2021: its volume 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. The pace of growth appeared the most rapid in 2018 with an increase of 18% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, multiple-walled insulating glass unit imports skyrocketed to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.8% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X square meters), distantly followed by Denmark (X square meters), Sweden (X square meters), Poland (X square meters), Italy (X square meters), Austria (X square meters) and Germany (X square meters) represented the largest importers of multiple-walled insulating units of glass, together committing 71% of total imports. Slovakia (X square meters), Belgium (X square meters), Estonia (X square meters), France (X square meters), Lithuania (X square meters) and Hungary (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Estonia (with a CAGR of +22.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest multiple-walled insulating glass unit importing markets in the European Union were the Netherlands ($X), Italy ($X) and Denmark ($X), together comprising 43% of total imports. These countries were followed by Sweden, Poland, Austria, Germany, Slovakia, Belgium, France, Estonia, Lithuania and Hungary, which together accounted for a further 45%.

Estonia, with a CAGR of +27.5%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per square meter, picking up by 7.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 12%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per square meter), while Hungary ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :