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

Market Size for Multiple-Walled Insulating Units Of Glass in Europe

The Europe multiple-walled insulating glass unit market rose notably to $X in 2021, with an increase of 7.6% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Europe

In value terms, multiple-walled insulating glass unit production reached $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. 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 Europe

In 2021, approx. X square meters of multiple-walled insulating units of glass were exported in Europe; picking up by 11% against 2020 figures. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.2% 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 +74.9% against 2013 indices. The most prominent rate of growth was recorded in 2014 with an increase of 12% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, multiple-walled insulating glass unit exports rose significantly to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% 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 +36.3% against 2014 indices. The pace of growth was the most pronounced in 2014 with an increase of 14% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

Germany (X square meters) and Poland (X square meters) represented roughly 57% of total exports in 2021. It was distantly followed by Spain (X square meters), committing a 4.6% share of total exports. The following exporters - Croatia (X square meters), 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) - together made up 27% of total exports.

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) appeared to be the countries with the highest levels of exports in 2021, with a combined 60% share of total exports. Austria, France, Belgium, Lithuania, Croatia, the Czech Republic, Hungary and Slovakia lagged somewhat behind, together accounting for a further 26%.

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

In 2021, the export price in Europe amounted to $X per square meter, increasing by 2.2% against the previous year. Overall, the export price, however, showed a mild shrinkage. The growth pace was the most rapid in 2018 when the export price increased by 8.5% against the previous year. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 Europe

In 2021, multiple-walled insulating glass unit imports in Europe rose rapidly to X square meters, surging by 13% against the previous year. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 18%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, multiple-walled insulating glass unit imports soared to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.4% 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 +73.7% 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), followed by Denmark (X square meters), Sweden (X square meters), Norway (X square meters), Poland (X square meters), Switzerland (X square meters), Italy (X square meters), Austria (X square meters) and Germany (X square meters) represented the key importers of multiple-walled insulating units of glass, together creating 72% of total imports. Slovakia (X square meters), Belgium (X square meters), the UK (X square meters) and Estonia (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 Netherlands ($X), Switzerland ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2021, together comprising 35% of total imports. These countries were followed by Norway, Denmark, Sweden, Poland, Austria, Germany, the UK, Slovakia, Belgium and Estonia, which together accounted for a further 49%.

In terms of the main importing countries, Estonia, with a CAGR of +27.5%, saw the highest growth rate of 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 2021, the import price in Europe amounted to $X per square meter, surging by 5.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 8.7% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per square meter), while Poland ($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