France: Glass Fibre Filament Market 2024

Glass Fibre Filament Market Size in France

The French glass fibre filament market was finally on the rise to reach $X in 2021, after four years of decline. Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Glass Fibre Filament Production in France

In value terms, glass fibre filament production stood at $X in 2021 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -41.8% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of 43% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Glass Fibre Filament Exports

Exports from France

Glass fibre filament exports from France reached X tons in 2021, growing by 7.4% compared with 2020. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 80% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, glass fibre filament exports skyrocketed to $X in 2021. Overall, exports, however, showed a noticeable curtailment. The growth pace was the most rapid in 2015 when exports increased by 51% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main destinations of glass fibre filament exports from France, with a combined 56% share of total exports. These countries were followed by Belgium, Poland, Finland, Denmark, Austria, the Netherlands, the Czech Republic, Sweden, Slovakia and Hungary, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +38.9%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Belgium ($X) were the largest markets for glass fibre filament exported from France worldwide, together accounting for 52% of total exports. Germany, Poland, Finland, Denmark, the Netherlands, Austria, the Czech Republic, Sweden, Slovakia and Hungary lagged somewhat behind, together comprising a further 37%.

Among the main countries of destination, Denmark, with a CAGR of +32.8%, recorded 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 2021, the average glass fibre filament export price amounted to $X per ton, surging by 8% against the previous year. Overall, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 40%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Fibre Filament Imports

Imports into France

After two years of decline, supplies from abroad of glass fibre filaments increased by 11% to X tons in 2021. The total import volume increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 18%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, glass fibre filament imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

In 2021, Belgium (X tons) constituted the largest glass fibre filament supplier to France, accounting for a 43% share of total imports. Moreover, glass fibre filament imports from Belgium exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Slovakia (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.6% per year) and Slovakia (-3.0% per year).

In value terms, Belgium ($X), China ($X) and Slovakia ($X) were the largest glass fibre filament suppliers to France, with a combined 68% share of total imports. These countries were followed by Egypt, Italy, Germany, Turkey, Bahrain, Taiwan (Chinese) and the UK, which together accounted for a further 24%.

In terms of the main suppliers, Bahrain, with a CAGR of +97.9%, 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

The average glass fibre filament import price stood at $X per ton in 2021, surging by 21% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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